Morgan Stanley raised the firm’s price target on Ambarella (AMBA) to $90 from $73 and keeps an Overweight rating on the shares. Ambarella posted “another strong quarter and outlook,” benefiting from new product cycles, says the analyst, who notes that product strength in both IoT and auto increased numbers. The strength of their technology and rising demand for Edge AI have more than offset headwinds, adds the analyst, who continues to expect an automotive inflection in 2026.
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Read More on AMBA:
- Ambarella Inc. Reports Strong Revenue Growth in Q3 2025
- Closing Bell Movers: Ambarella surges after earnings
- AMBA Earnings: Ambarella Soars 18% after Crushing EPS and Guidance Estimates
- Ambarella sees Q4 revenue $76M-$80M, consensus $69.08M
- Ambarella reports Q3 EPS 11c, consensus 4c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
