Ambarella (AMBA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Ambarella's (NASDAQ: AMBA) stock price plunged 20% on Aug. 30 after the image-processing chipmaker posted its latest earnings report. Ambarella's numbers were disappointing, but does its post-earnings plunge represent a buying opportunity for long-term investors? Ambarella produces image-processing systems on chips (SoCs) and computer vision chips for Internet of Things (IoT) devices and connected vehicles.
The latest analyst coverage could presage a bad day for Ambarella, Inc. ( NASDAQ:AMBA ), with the analysts making...