Ambarella, Inc. (AMBA)
NASDAQ: AMBA · IEX Real-Time Price · USD
56.10
+2.49 (4.64%)
At close: Jul 2, 2024, 4:00 PM
56.50
+0.40 (0.71%)
After-hours: Jul 2, 2024, 6:18 PM EDT
Ambarella Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Ambarella stock have an average target of 69.75, with a low estimate of 50 and a high estimate of 90. The average target predicts an increase of 24.33% from the current stock price of 56.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ambarella stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 5 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $85 | Strong Buy | Maintains | $85 | +51.52% | Jun 11, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $65 → $55 | Hold | Maintains | $65 → $55 | -1.96% | May 31, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $65 → $60 | Hold | Maintains | $65 → $60 | +6.95% | May 31, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $57 → $67 | Buy | Maintains | $57 → $67 | +19.43% | May 31, 2024 |
| Needham | Needham | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +60.43% | May 31, 2024 |
Financial Forecast
Revenue This Year
255.80M
from 226.47M
Increased by 12.95%
Revenue Next Year
321.36M
from 255.80M
Increased by 25.63%
EPS This Year
-0.78
from -4.25
EPS Next Year
-0.20
from -0.78
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 265.0M | 370.7M | 538.4M | 609.0M | 766.5M |
| Avg | 255.8M | 321.4M | 445.7M | 591.6M | 744.6M |
| Low | 244.6M | 286.2M | 329.3M | 568.4M | 715.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.0% | 44.9% | 67.5% | 36.7% | 29.6% |
| Avg | 12.9% | 25.6% | 38.7% | 32.7% | 25.9% |
| Low | 8.0% | 11.9% | 2.5% | 27.5% | 20.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.70 | 0.21 | 2.35 | 1.99 | 3.31 |
| Avg | -0.78 | -0.20 | 1.21 | 1.94 | 3.21 |
| Low | -0.87 | -0.65 | 0.74 | 1.86 | 3.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 64.6% | 70.7% |
| Avg | - | - | - | 59.9% | 65.8% |
| Low | - | - | - | 53.6% | 59.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.