There is light at the end of the very dark tunnel at long last for AMBA investors, 2015 highs of $115 are still a long way ahead. In our opinion the stock has found a bottom and is on the crest of a innovation wave. New product launches and partnerships have provided optimism with a more diversified revenue stream. Currently Analysts have a average Overweight rating on the stock but as earnings approach this could very well change.
Company Description
Ambarella, Inc. engages in the development and sale of video compression and image processing solutions. Its products include wearable cameras, flying cameras, and automotive video processing solutions.
Company Description
Ambarella, Inc. engages in the development and sale of video compression and image processing solutions. Its products include wearable cameras, flying cameras, and automotive video processing solutions.