Ambarella (AMBA) Stock Down Since Jim Cramer Recommended Against Buying It

Ambarella, Inc. (NASDAQ:AMBA) is one of the Jim Cramer’s Hottest Robotics and Physical AI Stock Picks.

Ambarella, Inc. (NASDAQ:AMBA) is a semiconductor company that provides chips that are used in devices such as robots and autonomous vehicles. Its shares are flat over the past year and down by 40% since Cramer discussed them in September. One notable dip in Ambarella, Inc. (NASDAQ:AMBA)’s shares came on November 26th when they closed 18.8% lower. On the 26th, the firm reported its third-quarter earnings and posted $106.5 million in revenue and $0.27 in earnings per share. The results beat analyst estimates of $104 million and $0.21. Additionally, the results also showed that Ambarella, Inc. (NASDAQ:AMBA)’s gross margin dropped by one percentage point to 59.6%. Earlier this year, on January 6th, the shares closed 4.6% higher after the firm announced its CV7 Edge AI chip. They also closed 14.9% lower on February 27th, soon after Ambarella, Inc. (NASDAQ:AMBA)’s fourth quarter earnings. Here’s what Cramer had said about the firm in September 2025:

“You know, it’s been around for a long time. It’s finally make, getting there, but I think it reflects all the good news already. I’m going to have to say no to that one.”

Ambarella (AMBA) Stock Down Since Jim Cramer Recommended Against Buying It

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