Jim Cramer on Ambarella: “I Think it Reflects All the Good News Already”

Ambarella, Inc. (NASDAQ:AMBA) is one of the stocks Jim Cramer shared his opinions on. Responding to a caller’s question about the stock, Cramer commented:

“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.”

Photo by Austin Distel on Unsplash

Ambarella, Inc. (NASDAQ:AMBA) designs semiconductor solutions integrating AI processing, advanced imaging, and ultra-HD video compression into low-power system-on-chips. The company’s products support automotive safety, IoT security, robotics, and consumer applications like drones, body cameras, and virtual reality devices. The company announced its fiscal Q2 2026 earnings on August 28, reporting an EPS of $0.15, outperforming estimates by $0.10. Ambarella, Inc.’s (NASDAQ:AMBA) revenue was almost 50% up year-over-year at $95.5 and beat estimates by $5.5 million.

For the third quarter, the company expects revenue between $100 million and $108 million, gross margin on a non-GAAP basis at 60.0% and 61.5%, and expects operating expenses on a non-GAAP basis between $54 million and $57 million.

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Disclosure: None. This article is originally published at Insider Monkey.