Recent Price Action
On 11/30/23, Ambarella Inc (NASDAQ: AMBA) stock enjoyed a large increase of 2.4%, closing at $58.71. Moreover, this advance was accompanied by exceptionally high trading volume at 318% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, AMBA is expected to be Value Creation neutral.
Ambarella has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock's attractiveness. Ambarella has a very low Power Rating of 15 and a very low Appreciation Score of 9, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.