Ambarella (AMBA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The consensus price target hints at a 28.7% upside potential for Ambarella (AMBA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Ambarella ( NASDAQ:AMBA ) First Quarter 2025 Results Key Financial Results Revenue: US$54.5m (down 12% from 1Q 2024...