New York, May 25, 2026, 11:13 EDT
Ambarella (AMBA) heads into the holiday-shortened week after jumping 4.67% Friday, closing at $87.55. Shares reached as high as $89.40 before pulling back. Nasdaq is closed for Memorial Day, and traders are waiting for Ambarella’s fiscal Q1 numbers set for release Thursday after the bell.
No regular U.S. cash session is set for Monday, with Nasdaq showing Memorial Day, May 25, as a market holiday. Usual trading runs from 9:30 a.m. to 4 p.m. Eastern. Friday’s close will be the last for Ambarella before markets open again on Tuesday.
Ambarella is set to release first-quarter fiscal 2027 results after the bell on May 28. The earnings call starts at 1:30 p.m. Pacific, or 4:30 p.m. Eastern. The schedule is awkward, but the report matters.
The stock climbed 7.9% last week, moving from $81.16 on May 15 to $87.55 on May 22. It outperformed the Philadelphia Semiconductor Index, which gained 5.3% during the same period and finished Friday at 12,202.5, up 1.99% for the day.
Ambarella is sticking to edge AI, which means running artificial intelligence directly on devices instead of sending the work to a remote data center. The company’s low-power system-on-chip products, or SoCs, put several computing jobs in one chip and are sold for security cameras, car safety, robotics, and drone applications.
Ambarella said last week it plans to start a quarterly briefing call aimed at non-financial industry analysts, with the first call set for June 4. The company said it will cover its edge AI line, automotive, edge infrastructure, IoT, physical security and robotics markets, plus its Cooper developer platform.
Ambarella set itself a high earnings target. Back in February, the company posted fiscal 2026 revenue of $390.7 million, a 37.2% jump, and projected fiscal 2027 revenue to rise another 10% to 15%. CEO Fermi Wang said, “F2026 revenue grew 37%,” and pointed to the company’s “edge AI leadership.” Ambarella Inc.
Ambarella isn’t being overlooked by analysts. Benzinga shows a Buy consensus, with the average price target at $86.29 and the top target at $115. Rosenblatt’s Kevin Cassidy kept his Buy and $115 target back in March. BofA Securities is Neutral, with a $92 target as of November.
Competitive pressure is real. In April, Mobileye, which competes in advanced driver-assistance systems, raised its 2026 revenue outlook after seeing more demand for its camera, chip and software tech. Nvidia is still marketing its Jetson products as a robotics and edge AI platform.
But with the stock up, there’s not much cushion for weak numbers. Ambarella’s annual report showed WT Microelectronics brought in roughly 70% of fiscal 2026 revenue. The company warned customer concentration, changing order patterns, and missed design wins could weigh on sales. A weak outlook Thursday, or hints that AI demand is moving to bigger suppliers, could hit the rally quickly.
Markets come back from the holiday on Tuesday, then Ambarella reports on Thursday. Investors will get their first real look at where the Ambarella edge-AI trade stands by Friday.
