Ambarella (AMBA) Stock Forecast, Price Target & Predictions
AMBA Stock Forecast
Ambarella stock forecast is as follows: an average price target of $122.38 (represents a 135.44% upside from AMBA’s last price of $51.98) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
AMBA Price Target
The average price target for Ambarella (AMBA) is $122.38 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $260.00 to $60.00. This represents a potential 135.44% upside from AMBA's last price of $51.98.
AMBA Analyst Ratings
According to 9 Wall Street analysts, Ambarella's rating consensus is 'Buy'. The analyst rating breakdown for AMBA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ambarella Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Richard Shannon | Craig-Hallum | $85.00 | $57.30 | 48.34% | 63.52% |
| Aug 27, 2024 | Gary Mobley | Wells Fargo | $65.00 | $51.20 | 26.94% | 25.05% |
| May 31, 2024 | Angelo Zino | CFRA | $60.00 | $57.26 | 4.79% | 15.43% |
| May 29, 2024 | Kevin Cassidy | Rosenblatt Securities | $85.00 | $50.35 | 68.82% | 63.52% |
| May 28, 2024 | Tore Svanberg | Stifel Nicolaus | $75.00 | $50.12 | 49.64% | 44.29% |
| May 31, 2023 | Christopher Rolland | Susquehanna | $85.00 | $70.19 | 21.10% | 63.52% |
| May 31, 2023 | Quinn Bolton | Needham | $100.00 | $81.96 | 22.01% | 92.38% |
| Dec 12, 2022 | - | Susquehanna | $90.00 | $78.07 | 15.28% | 73.14% |
| Dec 02, 2022 | - | Morgan Stanley | $105.00 | $75.69 | 38.71% | 102.00% |
| Dec 02, 2022 | - | Wells Fargo | $95.00 | $70.98 | 33.83% | 82.76% |
The latest Ambarella stock forecast, released on Aug 28, 2024 by Richard Shannon from Craig-Hallum, set a price target of $85.00, which represents a 48.34% increase from the stock price at the time of the forecast ($57.30), and a 63.52% increase from AMBA last price ($51.98).
Ambarella Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 5 |
| Avg Price Target | $75.00 | $75.00 | $74.00 |
| Last Closing Price | $51.98 | $51.98 | $51.98 |
| Upside/Downside | 44.29% | 44.29% | 42.36% |
In the current month, the average price target of Ambarella stock is $75.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 44.29% increase as opposed to Ambarella's last price of $51.98. This month's average price target is down 0.00% compared to last quarter, and up 1.35% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Aug 28, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Aug 28, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 28, 2024 | Oppenheimer | Perform | Perform | Hold |
| Aug 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 27, 2024 | Susquehanna | Positive | Positive | Hold |
| Aug 27, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 23, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 11, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 11, 2024 | Rosenblatt Securities | Underperform | Underperform | Hold |
Ambarella's last stock rating was published by Craig-Hallum on Aug 28, 2024. The company gave AMBA a "Buy" rating, the same as its previous rate.
Ambarella Financial Forecast
Ambarella Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $51.62M | $50.59M | $62.12M | - | $83.32M | $83.10M | $80.88M | $90.31M | $90.23M | $92.17M | $79.33M | $70.13M | $62.14M | $56.09M | $50.11M | $54.65M | $57.21M | $67.92M |
| Avg Forecast | $101.63M | $108.20M | $93.77M | $83.33M | $83.81M | $89.16M | $76.39M | $67.73M | $69.23M | $79.02M | $62.10M | $53.98M | $51.58M | $50.01M | $62.02M | $61.99M | $82.99M | $83.01M | $80.19M | $90.01M | $90.15M | $90.33M | $75.67M | $68.64M | $58.14M | $54.07M | $50.03M | $54.32M | $57.18M | $65.00M |
| High Forecast | $103.53M | $110.22M | $95.52M | $84.89M | $85.38M | $90.82M | $77.81M | $69.00M | $71.33M | $79.11M | $63.26M | $54.99M | $52.55M | $50.20M | $63.18M | $63.15M | $84.54M | $84.56M | $81.36M | $93.82M | $92.41M | $92.59M | $77.56M | $70.36M | $59.60M | $55.42M | $51.28M | $55.68M | $58.61M | $66.62M |
| Low Forecast | $96.30M | $102.52M | $88.85M | $78.96M | $79.42M | $84.48M | $72.38M | $64.18M | $67.73M | $78.99M | $58.84M | $51.15M | $48.88M | $49.74M | $58.77M | $58.74M | $78.64M | $78.66M | $80.03M | $87.47M | $88.59M | $88.76M | $74.35M | $67.45M | $57.14M | $53.13M | $49.16M | $53.38M | $56.19M | $63.87M |
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 9 | 11 | 5 | 5 | 8 | 4 | 4 | 9 | 6 | 5 | 5 | 9 | 3 | 3 | 4 | 5 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.00% | - | 1.00% | 1.00% | 1.01% | 1.00% | 1.00% | 1.02% | 1.05% | 1.02% | 1.07% | 1.04% | 1.00% | 1.01% | 1.00% | 1.04% |
Ambarella's average Quarter revenue forecast for May 24 based on 6 analysts is $53.98M, with a low forecast of $51.15M, and a high forecast of $54.99M. AMBA's average Quarter revenue forecast represents a 4.58% increase compared to the company's last Quarter revenue of $51.62M (Jan 24).
Ambarella EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 9 | 11 | 5 | 5 | 8 | 4 | 4 | 9 | 6 | 5 | 5 | 9 | 3 | 3 | 4 | 5 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-40.33M | $-41.97M | $-35.34M | - | $-23.44M | $-20.13M | $-20.19M | $-10.50M | $-7.68M | $2.53M | $-2.82M | $-6.66M | $-10.28M | $-12.49M | $-11.10M | $-11.46M | $-8.72M | $-2.46M |
| Avg Forecast | $-27.58M | $-29.36M | $-25.44M | $-22.61M | $-22.74M | $-24.19M | $-20.73M | $-18.38M | $-18.78M | $-21.44M | $-16.85M | $-8.63M | $-14.00M | $-13.57M | $-16.83M | $-7.85M | $-22.52M | $-2.92M | $-21.76M | $-24.43M | $2.12M | $-2.66M | $-4.31M | $-9.49M | $-8.16M | $-49.93M | $-61.91M | $-6.34M | $-1.29M | $-24.67M |
| High Forecast | $-26.13M | $-27.82M | $-24.11M | $-21.43M | $-21.55M | $-22.92M | $-19.64M | $-17.42M | $-18.38M | $-21.43M | $-15.97M | $-6.91M | $-13.26M | $-13.50M | $-15.95M | $-6.28M | $-21.34M | $-2.34M | $-21.72M | $-23.74M | $2.54M | $-2.12M | $-3.45M | $-7.59M | $-6.53M | $-39.94M | $-49.53M | $-5.07M | $-1.03M | $-19.74M |
| Low Forecast | $-28.09M | $-29.91M | $-25.92M | $-23.03M | $-23.17M | $-24.64M | $-21.12M | $-18.72M | $-19.36M | $-21.47M | $-17.16M | $-10.36M | $-14.26M | $-13.62M | $-17.14M | $-9.42M | $-22.94M | $-3.51M | $-22.08M | $-25.46M | $1.69M | $-3.19M | $-5.17M | $-11.38M | $-9.79M | $-59.91M | $-74.29M | $-7.61M | $-1.55M | $-29.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.88% | 3.09% | 2.10% | - | 1.04% | 6.89% | 0.93% | 0.43% | -3.63% | -0.95% | 0.65% | 0.70% | 1.26% | 0.25% | 0.18% | 1.81% | 6.77% | 0.10% |
6 analysts predict AMBA's average Quarter EBITDA for Jan 22 to be $2.12M, with a high of $2.54M and a low of $1.69M. This is -16.33% lower than Ambarella's previous annual EBITDA (Oct 21) of $2.53M.
Ambarella Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 9 | 11 | 5 | 5 | 8 | 4 | 4 | 9 | 6 | 5 | 5 | 9 | 3 | 3 | 4 | 5 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-60.61M | $-41.71M | $-31.20M | - | $-11.11M | $-19.81M | $-23.65M | $-10.82M | $-9.19M | $756.00K | $-7.16M | $-10.82M | $-12.49M | $-17.08M | $-14.76M | $-15.46M | $-12.98M | $-4.31M |
| Avg Forecast | $5.35M | $9.60M | $3.29M | $-1.78M | $-102.82K | $3.80M | $-3.10M | $-7.47M | $-5.58M | $1.41M | $-7.92M | $-10.33M | $-13.50M | $-16.07M | $-8.69M | $-9.39M | $5.92M | $-7.41M | $7.91M | $14.87M | $632.57K | $-6.74M | $-7.00M | $-11.52M | $-11.16M | $-66.40M | $-83.50M | $-9.44M | $-2.26M | $-45.86M |
| High Forecast | $5.48M | $9.83M | $3.37M | $-1.66M | $-95.81K | $3.90M | $-2.89M | $-6.96M | $-4.29M | $1.76M | $-7.38M | $-8.26M | $-12.58M | $-13.60M | $-8.10M | $-7.51M | $6.06M | $-5.93M | $8.05M | $15.69M | $759.09K | $-5.39M | $-5.60M | $-9.22M | $-8.92M | $-53.12M | $-66.80M | $-7.55M | $-1.81M | $-36.69M |
| Low Forecast | $4.98M | $8.94M | $3.07M | $-1.83M | $-105.32K | $3.55M | $-3.18M | $-7.65M | $-6.01M | $1.06M | $-8.11M | $-12.39M | $-13.83M | $-16.89M | $-8.90M | $-11.27M | $5.51M | $-8.89M | $7.88M | $14.33M | $506.06K | $-8.08M | $-8.40M | $-13.83M | $-13.39M | $-79.68M | $-100.20M | $-11.33M | $-2.71M | $-55.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.49% | 2.60% | 3.59% | - | -1.88% | 2.67% | -2.99% | -0.73% | -14.53% | -0.11% | 1.02% | 0.94% | 1.12% | 0.26% | 0.18% | 1.64% | 5.75% | 0.09% |
Ambarella's average Quarter net income forecast for Jan 22 is $632.57K, with a range of $506.06K to $759.09K. AMBA's average Quarter net income forecast represents a -16.33% decrease compared to the company's last Quarter net income of $756.00K (Oct 21).
Ambarella SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 9 | 11 | 5 | 5 | 8 | 4 | 4 | 9 | 6 | 5 | 5 | 9 | 3 | 3 | 4 | 5 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $19.99M | $18.25M | $18.88M | - | $20.03M | $18.94M | $18.91M | $20.36M | $21.11M | $17.48M | $15.82M | $16.03M | $14.63M | $14.47M | $13.45M | $13.44M | $13.34M | $13.79M |
| Avg Forecast | $24.88M | $26.49M | $22.96M | $20.40M | $20.52M | $21.83M | $18.70M | $16.58M | $16.95M | $19.35M | $15.20M | $23.72M | $12.63M | $12.24M | $15.19M | $21.57M | $20.32M | $16.38M | $19.64M | $22.04M | $14.62M | $14.89M | $10.37M | $13.50M | $9.45M | $12.40M | $11.47M | $9.70M | $7.22M | $55.91M |
| High Forecast | $25.35M | $26.99M | $23.39M | $20.78M | $20.90M | $22.24M | $19.05M | $16.89M | $17.46M | $19.37M | $15.49M | $28.47M | $12.87M | $12.29M | $15.47M | $25.88M | $20.70M | $19.66M | $19.92M | $22.97M | $17.55M | $17.87M | $12.44M | $16.20M | $11.34M | $12.71M | $11.76M | $11.64M | $8.67M | $67.09M |
| Low Forecast | $23.58M | $25.10M | $21.75M | $19.33M | $19.44M | $20.68M | $17.72M | $15.71M | $16.58M | $19.34M | $14.41M | $18.98M | $11.97M | $12.18M | $14.39M | $17.25M | $19.25M | $13.10M | $19.59M | $21.42M | $11.70M | $11.91M | $8.30M | $10.80M | $7.56M | $12.19M | $11.28M | $7.76M | $5.78M | $44.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.58% | 1.49% | 1.24% | - | 0.99% | 1.16% | 0.96% | 0.92% | 1.44% | 1.17% | 1.53% | 1.19% | 1.55% | 1.17% | 1.17% | 1.38% | 1.85% | 0.25% |
Ambarella's average Quarter SG&A projection for May 24 is $23.72M, based on 6 Wall Street analysts, with a range of $18.98M to $28.47M. The forecast indicates a 18.70% rise compared to AMBA last annual SG&A of $19.99M (Jan 24).
Ambarella EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 9 | 4 | 6 | 9 | 11 | 5 | 5 | 8 | 4 | 4 | 9 | 6 | 5 | 5 | 9 | 3 | 3 | 4 | 5 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-1.50 | $-1.04 | $-0.79 | - | $-0.29 | $-0.51 | $-0.62 | $-0.29 | $-0.25 | $0.02 | $-0.20 | $-0.30 | $-0.35 | $-0.49 | $-0.43 | $-0.45 | $-0.39 | $-0.13 |
| Avg Forecast | $0.13 | $0.23 | $0.08 | $-0.04 | $-0.00 | $0.09 | $-0.08 | $-0.18 | $-0.14 | $0.03 | $-0.19 | $-0.31 | $-0.33 | $-0.39 | $-0.21 | $-0.21 | $0.14 | $0.20 | $0.19 | $0.37 | $0.42 | $0.49 | $0.25 | $0.17 | $0.08 | $0.05 | $-0.02 | $-0.01 | $0.11 | $0.20 |
| High Forecast | $0.13 | $0.24 | $0.08 | $-0.04 | $-0.00 | $0.09 | $-0.07 | $-0.17 | $-0.10 | $0.04 | $-0.18 | $-0.29 | $-0.31 | $-0.33 | $-0.20 | $-0.19 | $0.15 | $0.20 | $0.20 | $0.39 | $0.44 | $0.50 | $0.26 | $0.18 | $0.08 | $0.06 | $-0.02 | $-0.01 | $0.12 | $0.21 |
| Low Forecast | $0.12 | $0.22 | $0.07 | $-0.04 | $-0.00 | $0.09 | $-0.08 | $-0.19 | $-0.15 | $0.03 | $-0.20 | $-0.32 | $-0.34 | $-0.41 | $-0.22 | $-0.21 | $0.13 | $0.18 | $0.19 | $0.35 | $0.41 | $0.48 | $0.24 | $0.17 | $0.08 | $0.05 | $-0.02 | $-0.01 | $0.11 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.57% | 2.66% | 3.74% | - | -2.02% | -2.60% | -3.20% | -0.79% | -0.59% | 0.04% | -0.81% | -1.73% | -4.37% | -9.10% | 19.50% | 41.54% | -3.42% | -0.63% |
According to 6 Wall Street analysts, Ambarella's projected average Quarter EPS for Jan 22 is $0.42, with a low estimate of $0.41 and a high estimate of $0.44. This represents a 1965.61% increase compared to AMBA previous annual EPS of $0.02 (Oct 21).
Ambarella Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AMBA | Ambarella | $52.05 | $122.38 | 135.12% | Buy |
| IPGP | IPG Photonics | $62.84 | $146.00 | 132.34% | Buy |
| AEHR | Aehr Test Systems | $13.52 | $25.00 | 84.91% | Buy |
| UCTT | Ultra Clean | $32.94 | $56.00 | 70.01% | Buy |
| KLIC | Kulicke and Soffa Industries | $38.57 | $65.00 | 68.52% | Hold |
| ONTO | Onto Innovation | $177.30 | $257.50 | 45.23% | Buy |
| ACLS | Axcelis | $96.98 | $137.00 | 41.27% | Buy |
| COHU | Cohu | $24.18 | $34.00 | 40.61% | Buy |
| ENTG | Entegris | $107.11 | $148.30 | 38.46% | Buy |
| TER | Teradyne | $121.45 | $153.18 | 26.13% | Buy |
| PLAB | Photronics | $22.00 | $25.50 | 15.91% | Buy |
| AMAT | Applied Materials | $174.75 | $201.30 | 15.19% | Buy |
| LRCX | Lam Research | $733.83 | $827.05 | 12.70% | Buy |
| KLAC | KLA | $702.80 | $590.28 | -16.01% | Buy |
AMBA Forecast FAQ
Is Ambarella a good buy?
Yes, according to 9 Wall Street analysts, Ambarella (AMBA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of AMBA's total ratings.
What is AMBA's price target?
Ambarella (AMBA) average price target is $122.38 with a range of $60 to $260, implying a 135.44% from its last price of $51.98. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ambarella stock go up soon?
According to Wall Street analysts' prediction for AMBA stock, the company can go up by 135.44% (from the last price of $51.98 to the average price target of $122.38), up by 400.19% based on the highest stock price target, and up by 15.43% based on the lowest stock price target.
Can Ambarella stock reach $80?
AMBA's average twelve months analyst stock price target of $122.38 supports the claim that Ambarella can reach $80 in the near future.
What is Ambarella's current price target trend?
2 Wall Street analysts forecast a $75 price target for Ambarella (AMBA) this month, up 44.29% from its last price of $51.98. Compared to the last 3 and 12 months, the average price target increased by 44.29% and increased by 42.36%, respectively.
What are Ambarella's analysts' financial forecasts?
Ambarella's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $317.1M (high $323.02M, low $300.46M), average EBITDA is $-86.045M (high $-81.53M, low $-87.651M), average net income is $-6.866M (high $-6.046M, low $-7.384M), average SG&A $77.64M (high $79.09M, low $73.57M), and average EPS is $-0.167 (high $-0.147, low $-0.18). AMBA's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $386.93M (high $394.15M, low $366.63M), average EBITDA is $-105M (high $-99.486M, low $-107M), average net income is $16.45M (high $17.02M, low $15.16M), average SG&A $94.74M (high $96.51M, low $89.77M), and average EPS is $0.4 (high $0.414, low $0.369).
Did the AMBA's actual financial results beat the analysts' financial forecasts?
Based on Ambarella's last annual report (Jan 2024), the company's revenue was $226.47M, beating the average analysts forecast of $225.61M by 0.38%. Apple's EBITDA was $-148M, beating the average prediction of $-52.245M by 184.23%. The company's net income was $-169M, beating the average estimation of $-47.652M by 255.53%. Apple's SG&A was $74.06M, beating the average forecast of $61.63M by 20.18%. Lastly, the company's EPS was $-4.25, beating the average prediction of $-1.137 by 273.95%. In terms of the last quarterly report (Jan 2024), Ambarella's revenue was $51.62M, beating the average analysts' forecast of $51.58M by 0.06%. The company's EBITDA was $-40.333M, beating the average prediction of $-13.997M by 188.14%. Ambarella's net income was $-60.607M, beating the average estimation of $-13.5M by 348.95%. The company's SG&A was $19.99M, beating the average forecast of $12.63M by 58.25%. Lastly, the company's EPS was $-1.5, beating the average prediction of $-0.328 by 357.01%