No AI Boost for Ambarella
AI stocks are on a tear, but the excitement around the transformational technology hasn't extended to (NASDAQ: AMBA). The semiconductor company specializes in computer vision chips used in video security, robotics, and advanced driver assistance applications.
Investors are excited about AI, but Ambarella isn't getting any love. The stock tumbled on Wednesday following a first-quarter report that failed to excite anyone. Revenue crashed, the bottom line plunged, and the company's guidance left a lot to be desired.
Ambarella reported Q1 revenue of $62.1 million, down 31% year over year. Net loss was $35.9 million, much worse than a loss of $10.8 million in the prior-year period.
Source Fool.com
Ambarella Inc. Aktie
Die Ambarella Inc. Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Eine erhebliche Steigerung um mehr als 20% ist für Ambarella Inc. mit einem Kursziel von 73 € im Vergleich zum aktuellen Kurs von 51.2 € zu erwarten.