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Ambarella (AMBA) Stock Forecast & Price Target

$59.98
-5.32 (-8.15%)
(As of 12:59 PM ET)

Ambarella - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for Ambarella in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 4 have given a hold rating, and 7 have given a buy rating for AMBA.

Consensus Price Target

$69.75
16.29% Upside
High Forecast$90.00
Average Forecast$69.75
Low Forecast$50.00

According to the 12 analysts' twelve-month price targets for Ambarella, the average price target is $69.75. The highest price target for AMBA is $90.00, while the lowest price target for AMBA is $50.00. The average price target represents a forecasted upside of 16.29% from the current price of $59.98.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
14 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$69.75$69.75$71.08$94.35
Forecasted Upside16.29% Upside18.25% Upside15.49% Upside14.24% Upside
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AMBA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AMBA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ambarella Stock vs. The Competition

TypeAmbarellaComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside6.81% Upside101.63% Upside7.53% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/11/2024Rosenblatt Securities
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$85.00 ➝ $85.00+47.75%
5/31/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$65.00 ➝ $55.00-3.58%
5/31/2024Roth Mkm
1 of 5 stars
 Lower TargetNeutral ➝ Neutral$65.00 ➝ $60.00+4.18%
5/31/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$57.00 ➝ $67.00+38.69%
5/31/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$90.00 ➝ $90.00+86.30%
4/16/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$62.00 ➝ $50.00+12.46%
2/28/2024Susquehanna
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 Boost TargetPositive ➝ Positive$70.00 ➝ $80.00+36.61%
10/19/2023Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$78.00 ➝ $70.00+35.79%
9/18/2023Northland Securities
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 Initiated CoverageOutperform$70.00+22.57%
8/30/2023Craig Hallum
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 Lower TargetBuy ➝ Buy$95.00 ➝ $80.00+5.57%
8/30/2023TD Cowen
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 DowngradeOutperform ➝ Market Perform$90.00 ➝ $65.00-14.23%
8/30/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$75.00 ➝ $65.00-14.23%
4/5/2023Imperial Capital
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 UpgradeIn-Line ➝ Outperform$95.00+35.99%
3/22/2023Westpark Capital
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 Initiated CoverageBuy
3/1/2023Roth Capital
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Sujeeva De Silva
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DowngradeBuy ➝ Neutral$95.00+11.45%
3/1/2023Robert W. Baird
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 Boost TargetOutperform$90.00 ➝ $120.00+27.24%
3/1/2023KeyCorp
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 Boost TargetOverweight$95.00 ➝ $105.00+11.33%
12/12/2022Susquehanna Bancshares
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 Initiated CoveragePositive$90.00+15.28%
12/2/2022Cowen
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 Lower TargetOutperform$100.00 ➝ $90.00+27.66%
11/21/2022Jefferies Financial Group
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 Lower Target$104.00 ➝ $96.00+25.74%
8/31/2022Summit Insights
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 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:26 PM ET.

AMBA Forecast - Frequently Asked Questions

What is Ambarella's forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Ambarella is $69.75, with a high forecast of $90.00 and a low forecast of $50.00.

Should I buy or sell Ambarella stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There is currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMBA shares.

Does Ambarella's stock price have much upside?

According to analysts, Ambarella's stock has a predicted upside of 18.25% based on their 12-month stock forecasts.

What analysts cover Ambarella?

Ambarella has been rated by research analysts at Morgan Stanley, Needham & Company LLC, Rosenblatt Securities, Roth Mkm, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Ambarella more than its competitors?

Analysts like Ambarella less than other "computer and technology" companies. The consensus rating score for Ambarella is 2.50 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how AMBA compares to other companies.


This page (NASDAQ:AMBA) was last updated on 7/17/2024 by MarketBeat.com Staff

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