Vision

Computer Vision, ‘Sticky’ Consumers, Revenue Growth

Ambarella Inc (NASDAQ: AMBA) has solidified its status as the leader in video capture, compression and transmission processors and should now be considered a leader in computer vision, according to Rosenblatt Securities.

The Ambarella Analyst: Kevin Cassidy initiated coverage of Ambarella with a Buy rating and $60 price target.

The Ambarella Thesis: The bullish case for Ambarella’s stock is based on the thesis that the need to store and analyze data is growing exponentially and much of that data comes from video, Cassidy said in a Monday¬†initiation note. (See his track record here.)

Ambarella has been considered the leader in video capture, compression and transmission over the last 15 years and is now a leader in converting captured video into useful information, the analyst said. 

The company’s end market consists of roughly 60% surveillance, 20% automotive and 20% consumer, he said.

Among its clients, around 80% represent

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