Yahoo Finance

Needham raised the firm’s price target on Ambarella (AMBA) to $110 from $100 and keeps a Buy rating on the shares. The company reported Q4 results above the midpoint, and guided Q1 well above expectations, the analyst tells investors in a research note. The management is also incorporating conservatism into its second half FY26 due to uncertainty surrounding the impact of government policy decisions regarding tariffs, the firm adds.

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Read More on AMBA:

• Ambarella’s Strong AI and IoT Advancements Drive Buy Rating Despite Legacy Challenges

• Ambarella price target raised to $85 from $80 at Roth MKM

• Ambarella price target raised to $100 from $95 at Stifel

• Ambarella’s Strong Financial Performance and Growth Prospects Lead to Buy Rating

• Ambarella’s Strategic Edge in IoT and Edge AI Drives Buy Rating Amid Geopolitical and Sector Challenges