AMBA is trading 5% up today at $87.80 as optimism grows over the company's edge AI and computer-vision roadmap.
- The stock is extending a sharp rebound from the mid-$70s reached earlier this week, supported by positive analyst sentiment.
- Market experts highlight the company's strong positioning in the edge AI space, reinforcing bullish momentum.
- Analyst consensus remains a Buy with 12-month price targets ranging between $98 and $100.