From Yahoo Finance: 2025-06-20 15:58:00

Ambarella, Inc. (NASDAQ:AMBA) is named one of the 11 Best Tech Stocks to Buy On the Dip. Craig-Hallum analyst Richard Shannon maintains a Buy rating on AMBA with a price target of $95 after the company’s positive fiscal first quarter results. Revenue for FQ1 2026 reached $85.9 million, a 57.6% increase year-over-year, with AI products contributing over 75% of revenue. AMBA expects FQ2 revenue between $86.0 million and $94.0 million, solidifying its position as a leader in edge AI. Despite potential, other AI stocks may offer greater upside with less risk.



Read more at Yahoo Finance: Craig-Hallum Maintained a Buy Rating on Ambarella (AMBA), Keeps the PT