Northland analyst Gus Richard raised the firm’s price target on Ambarella (AMBA) to $75 from $70 and keeps an Outperform rating on the shares. Ambarella reported “a strong quarter,” guided to Q2 results “well above consensus,” and expects FY26 revenue to grow 19%-25%, up from prior expectations of mid to high-teens, the analyst tells investors.

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• Ambarella price target lowered to $65 from $85 at Roth Capital

• Ambarella’s Promising Edge AI Expansion Drives Buy Rating

• Ambarella price target raised to $63 from $50 at BofA

• Ambarella’s Promising Outlook: Strategic Expansion and Diversified Revenue Streams Drive Buy Rating

• Ambarella’s Strong AI Prospects Offset by Competitive and Operational Challenges: Hold Rating Maintained