Why Ambarella Stock Just Crashed
Ambarella (NASDAQ: AMBA) stock tumbled 14.4% through 10 a.m. ET Wednesday morning despite beating easily on earnings last night.
Analysts forecast the maker of image-processing semiconductor chips would earn $0.21 per share on quarterly sales of $104.1 million; Ambarella actually reported a $0.27 per share profit and sales of $106.5 million.
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Source Fool.com
Ambarella Inc. Stock
€58.82
2.250%
With 17 Buy predictions and not the single Sell prediction the community is currently very high on Ambarella Inc..
With a target price of 85 € there is a positive potential of 44.51% for Ambarella Inc. compared to the current price of 58.82 €.
