AMBA $66.23 intraday 24 Feb 2026 (NASDAQ): AI demand keeps outlook intact
AMBA stock trades at $66.23 intraday on 24 Feb 2026, down 2.62% for the session. We see volume at 495,889, below the 50-day average, while the company prepares to report earnings on 26 Feb 2026. Ambarella, Inc. (AMBA) on NASDAQ remains a key name in edge AI for vision. We examine the short-term price action, valuation, technicals, and the Meyka AI forecast to frame a practical trading and investment view.
AMBA stock intraday price action and drivers
AMBA stock opened at $65.39 and reached a high of $66.29 today. The previous close was $68.01, so intraday change is -1.78 and percent change -2.62%. Market cap stands at $2.89B USD and shares outstanding are 43,050,486. Trading volume is 495,889, below the average volume of 955,345, which suggests muted conviction. Near-term price moves reflect positioning ahead of the 26 Feb 2026 earnings release and analyst commentary on edge AI demand.
AMBA stock fundamentals and valuation
Ambarella, Inc. (AMBA) posts trailing EPS of -1.89 and a TTM PE of -35.52, reflecting recent losses. Revenue per share TTM is 8.79 and cash per share TTM is 6.94. Key ratios include price-to-sales 7.70, price-to-book 4.82, and free cash flow yield 2.64%. The company carries very low debt, with debt-to-equity 0.02, and a current ratio of 2.66. These metrics show strong cash buffers but elevated valuation multiples for a company with negative net income.
AMBA stock technicals and trading signals
The RSI sits near 51.41, indicating neutral momentum. Bollinger Bands center is 65.03, with an upper band at 69.77 and lower band at 60.28. Short-term support aligns with the day low of 64.00 and the 50-day average at 68.98. MACD histogram is positive at 0.71, hinting at a nascent bullish divergence. ATR is 3.03, implying modest intraday moves. Traders can watch $64.00 support and $69.00 resistance for intraday scalps.
AMBA stock earnings, catalysts and risks
Earnings are scheduled for 26 Feb 2026 and will be the immediate catalyst. Expectations center on guidance for automotive and security camera chip demand. Analyst activity includes recent Stifel commentary reiterating a Buy stance based on edge AI strength. See the Stifel note on Investing.com. Risks include slowing revenue growth, negative margins, and high multiples. Institutional flows and short interest trends are tracked by MarketBeat.
AMBA stock analyst views and sector context
Consensus analyst mix is four Buys and three Holds, giving a neutral consensus score near 3.00. The semiconductor sector shows rotation into AI-related chips, lifting select names. Ambarella competes in video and vision semiconductors with niche strengths in low-power neural processing. Sector strength supports upside potential, while broader chip cyclicality remains a headwind. We link sector headlines and institutional ownership trends to potential trading flows.
Meyka AI grade and forecast for AMBA stock
Meyka AI rates AMBA with a score out of 100: 68.48 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12-month price of $80.89, compared with the current price of $66.23. That implies an upside of 22.14%. Forecasts are model-based projections and not guarantees. For more real-time tools see our Meyka AI stock page for AMBA: Meyka AMBA page.
Final Thoughts
Key takeaways for AMBA stock: Ambarella trades at $66.23 intraday on 24 Feb 2026, with volume below average and earnings due on 26 Feb 2026. Fundamentals show strong cash per share at $6.94 and low debt, but negative EPS of -1.89 and a TTM PE of -35.52 keep valuation contested. Technically, neutral momentum sits between $64.00 support and $69.00 resistance. Meyka AI’s model projects a $80.89 12-month price, implying 22.14% upside versus the current price. Our Meyka AI grade is 68.48 (B, HOLD), reflecting mixed signals from sector tailwinds and company-level margin pressure. Traders looking at AMBA should weigh the upcoming earnings and Stifel’s positive edge AI commentary against lingering valuation and profitability risks. Forecasts are model-based projections and not guarantees, so we recommend monitoring earnings reaction and intraday liquidity before increasing exposure.
FAQs
What is driving AMBA stock today?
AMBA stock is moving on earnings timing, analyst notes on edge AI, and below-average volume. Traders are positioning ahead of the 26 Feb 2026 report and monitoring demand signals for automotive and security camera chips.
What is Meyka AI’s outlook for AMBA stock?
Meyka AI’s forecast model projects $80.89 for AMBA stock in 12 months, implying 22.14% upside versus the current price of $66.23. Forecasts are model-based and not guarantees.
Is AMBA stock a buy before earnings?
AMBA stock carries upside from edge AI exposure, but negative EPS and high multiples increase risk. We rate the stock HOLD per Meyka AI grade and recommend waiting for earnings clarity or clear technical confirmation.
What key levels should traders watch for AMBA stock?
Watch intraday support at $64.00 and resistance near $69.00. The 50-day average at $68.98 and the 200-day at $71.46 are useful for medium-term bias.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.