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VinFast, Big Lots, Alphabet, Ambarella, Tesla: Why These 5 Stocks Are Drawing Investor Attention Today
Tuesday, August 29, 2023 - 10:22pm | 831The stock market demonstrated robust performance on Tuesday, with all three major indices recording notable gains. The S&P 500 climbed 1.45% to close at 4,497.63. The tech-heavy NASDAQ outperformed other indices, surging 1.74% to close at 13,943.76. Meanwhile, the Dow Jones Industrial Average ...
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GoPro Weakness Weighs On Ambarella Outlook
Friday, September 1, 2017 - 10:42am | 326Shares of Ambarella Inc (NASDAQ: AMBA) plunged more than 20 percent Friday morning and hit a new 52-week low of $42.55 after the component maker for action camera and drones reported its second-quarter results. Deutsche Bank's Ross Seymore maintains a Hold rating on Ambarella's stock with a price...
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Expect Ambarella To Pay Near-Term Costs For Long-Term Goals
Wednesday, June 7, 2017 - 10:19am | 340Shares of Ambarella Inc (NASDAQ: AMBA) tumbled nearly 10 percent Wednesday after the company's first-quarter earnings report was overshadowed by a poor guidance. The results prompted Deutsche Bank's Ross Seymore (check out his track record) to maintain a Hold rating on Ambarella's stock...
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Very Different Expectations For HD Supply And Navistar Earnings
Monday, June 5, 2017 - 10:02am | 599Reports from two potential infrastructure plays will be among highlights this slow earnings week. Wall Street analysts are looking for solid top and bottom line growth from one of them. The other is expected to offer up another net loss for its most recent quarter. Only a handful of notable...
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Past Results Don't Guarantee Future Performance: 2 Stocks With Solid Earnings Moving Lower On Weak Guidance
Friday, September 2, 2016 - 1:20pm | 548It can be confusing to investors when a company reports strong quarterly earnings report, but its shares get punished due to a weak guidance. It does, however, make sense. Part of a company's stock valuation includes expectations moving forward. In many cases, Wall Street analysts will revise their...
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Can Broadcom Or Medtronic Offer Up An Earnings Surprise?
Sunday, May 29, 2016 - 5:27pm | 637Earnings highlights this week include results from a recently merged semiconductor producer. A leading medical technology company is also set to share its latest quarterly results this week. Wall Street analysts are looking for solid bottom-line growth from each of them. In what overall will be a...
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Highlights From Ambarella's Q3 Earnings Conference Call
Friday, December 4, 2015 - 4:39pm | 575Shares of Ambarella Inc (NASDAQ: AMBA) were lower by more than 3 percent early Friday afternoon despite trading in positive territory most of the morning. Ambarella reported a top and bottom line beat in its third quarter print, but guided towards a weak fourth quarter. Following the...
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Ambarella's Stock Is Plunging And Taking GoPro With It
Wednesday, September 2, 2015 - 2:40pm | 716Shares of Ambarella Inc (NASDAQ: AMBA) plunged more than 12 percent Wednesday morning after the company's second-quarter print contained a weak third-quarter forecast for wearable-camera revenue. Investors and traders took Ambarella's poor guidance as a bullish sign for the wearable-camera segment...
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Did Investors Expect Too Much From Ambarella's Q2 Results?
Tuesday, September 1, 2015 - 5:11pm | 575Ambarella Inc (NASDAQ: AMBA) posted positive Q2 FY 2016 results, but investors aren't buying. The stock closed down 6.3 percent Tuesday. Ambarella then reported a Q2 EPS of $0.88 versus the Street estimate of $0.81, and sales of $84.2 million versus $81.73 million. Shares initially dropped...
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High Expectations For Ambarella In An Otherwise Quiet Earnings Week
Sunday, August 30, 2015 - 8:38pm | 842The week's economic calendar is highlighted by the Federal Reserve's next Beige Book report and a look at the employment numbers for August. Also throughout the week will be a scattering of off-season earnings reports. There are only a handful of companies on deck to share their latest quarterly...
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Cramer Versus Citron: The Ambarella Debate Rages On
Wednesday, July 29, 2015 - 5:54pm | 494Citron Research released a new report on Ambarella Inc (NASDAQ: AMBA) that reiterated the firm’s extremely bearish outlook for the chip maker. In the report, Citron specifically calls out Jim Cramer’s bullish thesis for Ambarella as “ridiculousness,” and then explains how...
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GoPro's Quarter Is Good News For Ambarella, Canaccord Says
Wednesday, July 22, 2015 - 1:43pm | 232Following GoPro Inc (NASDAQ: GPRO) earnings on Tuesday, Canaccord Genuity's Matthew Ramsay raised estimates and its price target for Ambarella Inc (NASDAQ: AMBA). The firm reiterated its Buy rating and bumped up the price target by $2 to $122. With the near-20 percent gain in the stock over...
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GoPro Demand Is Steady, But Drones Are 'Literally Flying Off The Shelves,' PacCrest Says
Friday, July 17, 2015 - 11:12am | 325Pacific Crest's Brad Erickson said the firm prefers Ambarella Inc (NASDAQ: AMBA) over GoPro Inc (NASDAQ: GPRO) at current levels. While Erickson said that GoPro should both beat earnings expectations and raise guidance, the firm is less optimistic about future products. Erickson argued that...
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Chardan: Vislab Won't Give Ambarella Material Revenue Until 2017
Thursday, July 2, 2015 - 1:48pm | 254Chardan's Managing Director of Equity Research, Jay Srivatsa, said in a note that Ambarella Inc (NASDAQ: AMBA)'s acquisition of Vislab extends the company's "available market," but will not bring in "material product revenues" until 2017. Srivatsa said that it...
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Cramer: Ambarella Will Grow From Drones, Not GoPro
Monday, June 8, 2015 - 2:39pm | 296Shares of Ambarella Inc (NASDAQ: AMBA) continued their post-earnings surge on Monday, trading at new all-time highs of $111.88, up more than 7 percent on the day. Shares have now fallen slightly, but are still up nearly 5 percent. Ambarella reported its first quarter results last week, which jolted...