Ambarella, Inc. (AMBA)

Ambarella Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Ambarella stock have an average target of 71.08, with a low estimate of 50 and a high estimate of 90. The average target predicts an increase of 67.01% from the current stock price of 42.56.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50	$71.08	$70	$90
Change	+17.48%	+67.01%	+64.47%	+111.47%

Analyst Ratings

The average analyst rating for Ambarella stock from 13 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	4	4	4	4	4	4
Buy	6	6	5	5	5	3
Hold	4	4	5	5	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	15	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vivek Arya B of A Securities	B of A Securities	Sell Maintains $62 → $50	Sell	Maintains	$62 → $50	+17.48%	Apr 16, 2024
Joseph Moore Morgan Stanley	Morgan Stanley	Buy Maintains $67 → $73	Buy	Maintains	$67 → $73	+71.52%	Feb 28, 2024
Christopher Rolland Susquehanna	Susquehanna	Buy Maintains $70 → $80	Buy	Maintains	$70 → $80	+87.97%	Feb 28, 2024
Quinn Bolton Needham	Needham	Strong Buy Reiterates $90	Strong Buy	Reiterates	$90	+111.47%	Feb 28, 2024
Gary Mobley Wells Fargo	Wells Fargo	Buy → Hold Downgrades $85 → $65	Buy → Hold	Downgrades	$85 → $65	+52.73%	Jan 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

255.13M

Increased by 12.65%

from 226.47M

Revenue Next Year

327.21M

Increased by 28.25%

from 255.13M

EPS This Year

-0.87

from -4.25

EPS Next Year

-0.12

from -0.87

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	228.73M	222.99M	331.86M	337.61M	226.47M	255.13M	327.21M	458.24M	612.00M	765.00M
Revenue Growth	0.42%	-2.51%	48.82%	1.73%	-32.92%	12.65%	28.25%	40.04%	33.55%	25.00%
EPS	-1.35	-1.72	-0.72	-1.70	-4.25	-0.87	-0.12	1.54	2.04	3.26
EPS Growth	-	-	-	-	-	-	-	-	32.45%	60.00%
No. Analysts	-	-	-	-	-	19	18	8	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	267.8M	378.0M	542.3M	630.0M	787.5M
Avg	255.1M	327.2M	458.2M	612.0M	765.0M
Low	237.3M	279.7M	329.3M	588.0M	735.0M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.2%	48.2%	65.7%	37.5%	28.7%
Avg	12.7%	28.3%	40.0%	33.6%	25.0%
Low	4.8%	9.6%	0.6%	28.3%	20.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.81	0.32	2.44	2.10	3.36
Avg	-0.87	-0.12	1.54	2.04	3.26
Low	-1.01	-0.49	0.83	1.96	3.14

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-	36.3%	64.7%
Avg	-	-	-	32.5%	60.0%
Low	-	-	-	27.3%	53.7%

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.