Ambarella (AMBA) PT Raised to $110 at Ascendiant Capital

Ambarella (AMBA) Shares Tap $100

Ambarella (NASDAQ: AMBA) tapped all times highs at $100 per share Thursday. Gains follows strong Q1 results earlier this week.

Chardan Capital Boosts PT on Ambarella (AMBA) to $90; Stock Continues Defying Conventional Wisdom

Chardan Capital lifts its price target on Ambarella, Inc. (Nasdaq: AMBA) from $70 up to $90 and affirms a Neutral rating on the stock following Q1 results and guidance.

Analyst Jay Srivatsa commented, AMBA stock has simply defied conventional valuation metrics even as AMBA management... More

Ambarella (AMBA) PT Raised to $115 at Canaccord Genuity

Canaccord Genuity analyst Matthew Ramsay reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $115.00 (from $86.00) after another beat and raise quarter.

Ramsay commented, " Following another very strong set of results and guidance well above Street expectations, we... More

Ambarella (AMBA) Has Multiple Drivers, Says FBN; PT Raised to $110

FBN Securities maintained an Outperform rating on Ambarella (NASDAQ: AMBA) and raised its price target to $110.00 (from $80.00). Analyst Shebly Seyrafi described Q1 as a very strong quarter and noted drones are becoming a strong driver. He sees multiple catalysts for the stock going forward.

"AMBA has several near-term growth drivers including continued benefits... More

Needham & Company Upgrades Ambarella (AMBA) to Hold

Needham & Company upgraded Ambarella (NASDAQ: AMBA) from Underperform to Hold.

Analyst N. Quinn Bolton commented, "AMBA reported stronger than expected F1Q16 results and provided F2Q16 guidance well ahead of consensus estimates. The better guide reflects several new product releases across multiple customers... More

Ambarella (AMBA) Fetches Street-High Price Target at Pacific Crest as Drone Market Set to Takeoff

Pacific Crest maintained an Outperform rating on Ambarella (NASDAQ: AMBA) and raised its price target a to Street high of $123.00 (from $96.00). The change follows strong Q1 results reported after the close yesterday. Analyst Brad Erickson thinks drones are quickly becoming a "massive market."

"Ambarella beat expectations on... More

GoPro (GPRO) PT Lifted to $68 at Piper Jaffray Following Ambarella's (AMBA) Q1 Results

Piper Jaffray analyst Erinn Murphy reiterated an Overweight rating and boosted her price target on GoPro (Nasdaq: GPRO) to $68.00 (from $66.00) following Ambarella's (NASDAQ: AMBA) Q1 report yesterday afternoon in which revenue bested the Street and was guided... More

Ambarella (AMBA) Tops Q1 EPS by 13c

Ambarella (NASDAQ: AMBA) reported Q1 EPS of $0.71, $0.13 better than the analyst estimate of $0.58. Revenue for the quarter came in at $71 million versus the consensus estimate of $66.68 million.

"We enjoyed a strong first quarter with revenue up 73.5 percent from the same period... More