Alert: New Earnings Report (11/30/23)-Ambarella Inc (NASDAQ: AMBA).



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.

About John Lafferty 125632 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.