Ambarella Inc (NASDAQ: AMBA) has reported a loss for its first fiscal quarter (ending April 30) of $-0.93 versus a loss $-0.91 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $-4.26 versus $-2.33 for the same period a year ago.
Recent Price Action
Ambarella Inc (NASDAQ: AMBA) stock declined modestly by -1.7% on 5/30/24. The stock closed at $48.31. Moreover, trading volume in this decline was unusually high at 189% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.4% during the last week.
Current PriceTarget Research Rating
AMBA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Ambarella has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ambarella has a very low Power Rating of 12 and a very low Appreciation Score of 9, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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