What's Going On With Ambarella Stock After Earnings?
What's Going On With Ambarella Stock After Earnings?
"In our second quarter, we achieved record revenue for our edge AI inference products, and we are anticipating double-digit sequential growth in our total revenue for the third quarter," said Ambarella, Inc. (NASDAQ:AMBA) shares are trading higher Wednesday after the company posted better-than-expected second-quarter results. Here's a look at the details from the report.
摩根士丹利（NASDAQ:AMBA）的股票正在周三交易中上涨，因公司发布了超出预期的第二季度业绩。以下是报告的详细信息。
The Details:
细节：
Ambarella beat analyst expectations on the top and bottom lines with quarterly losses of 13 cents per share and revenue of $63.724 million.
安霸（Ambarella）在每股亏损13美分和营业收入6,372.4万美元的季度上超过了分析师的预期。
"In our second quarter, we achieved record revenue for our edge AI inference products, and we are anticipating double-digit sequential growth in our total revenue for the third quarter," said Fermi Wang, President and CEO.
公司总裁兼首席执行官Fermi Wang表示：“在我们的第二季度中，我们实现了边缘人工智能推理产品的创纪录营业收入，并预计我们第三季度的总收入将实现两位数的环比增长。”
"Company specific drivers are more than offsetting the mixed global economic environment. We are now realizing initial revenue ramps from certain IoT and Automotive customers, especially from our new products. "
公司特定的驱动因素超过了复杂的全球经济环境。我们现在正在实现来自某些物联网和汽车客户的初始营业收入增长，特别是来自我们的新产品。”
Multiple analysts updated coverage on Ambarella following the print:
多名分析师对安霸股票进行了更新:
- Craig-Hallum analyst Richard Shannon maintained Ambarella with a Buy and raised the price target from $80 to $85.
- Morgan Stanley analyst Joseph Moore maintained an Overweight rating and raised the price target from $67 to $73.
- Needham maintained its Buy rating and $90 price target on the stock.
- TD Cowen analyst Matthew Ramsay maintained a Hold rating and raised the price target from $65 to $75.
- Stifel maintained its Buy rating and raised the price target from $75 to $80.
- 克雷格哈勒姆（Craig-Hallum）分析师理查德·香农（Richard Shannon）维持了对安霸的买入评级，并将目标价从80美元上调至85美元。
- 摩根士丹利（Morgan Stanley）分析师约瑟夫·尔（Joseph Moore）维持了超配评级，并将目标价从67美元上调至73美元。
- Needham维持了对该股票的买入评级和90美元的目标价。
- TD Cowen分析师Matthew Ramsay维持了对该股票的持有评级，并将目标价从65美元上调至75美元。
- Stifel维持了对该股票的买入评级，并将目标价从75美元上调至80美元。
AMBA Stock Prediction 2024:
AMBA股票2024年预测：
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
股权研究是了解公司基本面的宝贵来源。分析师们基于公司的基本面和预期的未来收益创建财务模型，以得出股票的价格目标和建议。
Shares of Ambarella have an average 1-year price target of $78.08, representing an expected upside of 47.91%.
Ambarella的股票平均1年目标价为78.08美元，预计上涨幅度为47.91%。
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Ambarella, while 10 analysts have bullish ratings. The street high price target from Needham is $90, while the street low from Wells Fargo is $55.
因为假设不同，分析师们可能得出非常不同的目标价和建议。没有分析师对Ambarella持有看淡的建议，而有10位分析师给予看好的评级。Needham最高目标价为90美元，而Wells Fargo最低目标价为55美元。
AMBA Price Action: According to Benzinga Pro, Ambarella shares are up 12.7% at $59.47 at the time of publication Wednesday.
AMBA股票价格动态：根据Benzinga Pro的数据，在周三发布时，Ambarella股票上涨12.7%，股价为59.47美元。
Read Also:
阅读更多：
- SentinelOne Reports Q2 Results: EPS In-Line, Revenues Beat
- SentinelOne报告Q2财报：每股收益符合预期，收入超预期
Image: Courtesy of Ambarella, Inc.
