AMBA is trading 10.1% up at $25.78 today, propelled by a reaffirmed analyst rating, optimism ahead of its upcoming earnings report, and a strong rally in the technology sector.
- On May 26, 2026, Rosenblatt analysts reiterated a 'Buy' rating on the stock with a price target of $115.
- Traders appear to be positioning positively ahead of the company's first-quarter earnings announcement, which is scheduled for May 28.
- The stock is also benefiting from a broader tech-led market rally, with particular strength seen in semiconductor and AI-related names.