Preview: Ambarella slides as analysts anticipate slower rev growth
03/09/2026 18:47
BUZZ-PREVIEW-Ambarella slides as analysts anticipate slower rev growth By Noel Randewich
Sept 3 (Reuters) - ** Shares of Ambarella AMBA.O fell 2.2% on Thurs ahead of qtrly results after the bell, with investors watching for a slowdown in rev growth
** The semiconductor co is expected to report qtrly rev up 13% to $107.8 mln, which would be slowest growth since July 2024, per LSEG. Analysts see adj EPS at $0.17 vs $0.15 a yr ago
** Stock has declined about 7% YTD, underperforming the Nasdaq's .IXIC 14% rise
** The stock is about 70% below its record high close of $216.84 reached on December 8, 2021
** AMBA recently traded at 68 times expected earnings, per LSEG data
** Of thirteen analysts covering the stock, seven rate it 'buy' or 'strong buy' and six rate it 'hold'
(Reporting by Noel Randewich)
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Preview: Ambarella slides as analysts anticipate slower rev growth