Ambarella is trading at $58.69, down -7.40% on September 4, 2026, after Craig-Hallum downgraded shares from Buy to Hold and cut its target from $95 to $70.
- Roth Capital reduced its target to $65 while maintaining a Neutral rating.
- The actions followed September 3 earnings and guidance, which beat estimates but raised concerns about near-term demand and growth visibility.
- Trading activity is elevated, though volume data was unavailable.