<p>安霸（AMBA）刚刚发布了一对积极的更新，任何关注该股票的人都可能会更加关注。该公司不仅提高了 2026 财年的收入预测，预计增长高达 35%，而且还公布了超过许多预期的第二季度业绩。随着销售额的增长和净亏损的逐年缩小，这些更新表明半导体公司可能正在发生变化。</p>
<p>由于改善的指引和更强劲的收益带来的兴奋迅速转化为股票的动能。在过去一年中，股价上涨了 38%，并在最近几个月表现优于市场。过去一个季度的动能表明投资者的乐观情绪重新回归。这与年度收入和净利润的增长相伴而生，引发了关于当前价格已反映了多少预期的讨论。</p>
<p>在股票上涨和新展望之后，关于安霸是否提供了一个吸引人的机会，或者市场是否已经将其预期的未来增长定价的问题开始浮现。</p>
<h2>最受欢迎的叙述：低估 8.4%</h2>
<p>根据社区的叙述，安霸被认为低估了 8.4%，基于分析师的共识，公允价值估计反映了中期的收益增长和利润率扩张潜力。</p>
<blockquote>
<p>安霸在边缘人工智能处理方面的战略重点，采用更先进的推理模型，如 DeepSeek-R1，正在推动平均销售价格（ASP）的提高。这为在边缘利用人工智能进行新应用提供了机会，可能会对收入增长产生积极影响。</p>
</blockquote>
<p>想知道是什么推动了这个看涨的价格目标吗？这个叙述建立在突破性的增长率、未来盈利能力预测和预期的利润率改善之上。关键问题是这些预期与安霸现有的基本面相比如何。探索影响这一估值的方法、预测和因素。</p>
<p><strong>结果：公允价值为 90.05 美元（低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，依赖单一物流供应商和政府政策变化等运营风险可能会迅速抑制安霸的上行前景。</p>
<p>了解安霸叙述的关键风险。</p>
<h2>另一种观点：我们的 DCF 模型说了什么？</h2>
<p>虽然分析师认为安霸基于收益增长和潜在利润率被低估，但我们的 SWS DCF 模型提供了不同的视角。它表明该股票可能被高估。哪种方法更能捕捉真实情况？</p>
<p>了解 SWS DCF 模型如何得出其公允价值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/d8b3563d-5867-4157-91ab-989dc69d362c/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/d8b3563d-5867-4157-91ab-989dc69d362c/chart/dcf"/></p>
<p>截至 2025 年 8 月的 AMBA 折现现金流</p>
<p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看安霸）。我们展示了完整的计算过程。您可以在您的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现基于现金流的低估股票。如果您保存了筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
<h2>构建您自己的安霸叙述</h2>
<p>如果您有不同的看法或想以自己的方式解读数字，您可以在几分钟内快速生成自己的评估和观点。以您的方式进行</p>
<p>您对安霸研究的一个很好的起点是我们的分析，突出 1 个关键奖励和 2 个可能影响您投资决策的重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>通过使用 Simply Wall Street 筛选器，领先于人群，发现下一个引人注目的机会。通过挖掘小众行业、新兴主题或被忽视的潜力，让您的资金更聪明地运作——只需几次点击。如果您认真对待投资，您不会想错过这些新鲜的角度。</p>
<ul>
<li>从利用人工智能的公司中捕捉未开发的增长，首先关注最新的 AI 便士股票。</li>
<li>通过稳定的回报保护您的投资组合。查看哪些企业通过收益超过 3% 的股息股票提供高收益。</li>
<li>通过寻找基于现金流的低估股票，瞄准明天在低估市场中的隐藏宝石。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，性质为一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不构成财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

安霸

<p>安霸（Ambarella，AMBA）已上调其 2026 财年的收入预测，预计增长高达 35%，并报告了强劲的第二季度业绩。过去一年，该股上涨了 38%，表现优于市场。分析师认为安霸被低估了 8.4%，其公允价值为 90.05 美元，这得益于边缘人工智能处理的增长。然而，运营风险和对估值的不同看法，包括来自 DCF 模型的潜在高估评估，使未来增长预期面临质疑。投资者被鼓励探索各种分析和投资机会</p>

<p>Ambarella (AMBA) just released a pair of positive updates, and anyone watching the stock is likely paying closer attention. The company not only raised its revenue forecast for fiscal 2026, expecting growth as high as 35%, but also delivered second-quarter results that exceeded many expectations. With sales climbing and net losses shrinking year over year, these updates are signaling that changes may be underway for the semiconductor company.</p>
<div class="lb-trans"><p>安霸（AMBA）刚刚发布了一对积极的更新，任何关注该股票的人都可能会更加关注。该公司不仅提高了 2026 财年的收入预测，预计增长高达 35%，而且还公布了超过许多预期的第二季度业绩。随着销售额的增长和净亏损的逐年缩小，这些更新表明半导体公司可能正在发生变化。</p>
</div><p>The excitement from the improved guidance and stronger earnings quickly translated into momentum for the stock. Over the past year, shares have jumped 38% and have outperformed the market in recent months. Momentum over the past quarter suggests renewed optimism among investors. This comes alongside annual revenue and net income growth, fueling debate over what is already reflected in the current price.</p>
<div class="lb-trans"><p>由于改善的指引和更强劲的收益带来的兴奋迅速转化为股票的动能。在过去一年中，股价上涨了 38%，并在最近几个月表现优于市场。过去一个季度的动能表明投资者的乐观情绪重新回归。这与年度收入和净利润的增长相伴而生，引发了关于当前价格已反映了多少预期的讨论。</p>
</div><p>Following the stock’s climb and new outlook, questions are emerging about whether Ambarella presents an appealing opportunity or if the market has already priced in much of its anticipated future growth.</p>
<div class="lb-trans"><p>在股票上涨和新展望之后，关于安霸是否提供了一个吸引人的机会，或者市场是否已经将其预期的未来增长定价的问题开始浮现。</p>
</div><h2>Most Popular Narrative: 8.4% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：低估 8.4%</h2>
</div><p>According to the community narrative, Ambarella is considered undervalued by 8.4% based on analyst consensus, with fair value estimates reflecting medium-term earnings growth and margin expansion potential.</p>
<div class="lb-trans"><p>根据社区的叙述，安霸被认为低估了 8.4%，基于分析师的共识，公允价值估计反映了中期的收益增长和利润率扩张潜力。</p>
</div><blockquote>
<p>Ambarella's strategic focus on edge AI processing with more advanced reasoning models, such as DeepSeek-R1, is driving an increase in average selling prices (ASP). This presents opportunities to leverage AI at the edge for new applications, which may positively influence revenue growth.</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>安霸在边缘人工智能处理方面的战略重点，采用更先进的推理模型，如 DeepSeek-R1，正在推动平均销售价格（ASP）的提高。这为在边缘利用人工智能进行新应用提供了机会，可能会对收入增长产生积极影响。</p>
</blockquote>
</div><p>Curious about what is driving this bullish price target? The narrative is built on breakthrough growth rates, future profitability projections, and anticipated margin improvements. The key question is how these expectations compare to Ambarella’s existing fundamentals. Explore the methods, forecasts, and factors contributing to this valuation.</p>
<div class="lb-trans"><p>想知道是什么推动了这个看涨的价格目标吗？这个叙述建立在突破性的增长率、未来盈利能力预测和预期的利润率改善之上。关键问题是这些预期与安霸现有的基本面相比如何。探索影响这一估值的方法、预测和因素。</p>
</div><p><strong>Result: Fair Value of $90.05 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 90.05 美元（低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><p>However, operational risks such as reliance on a single logistics provider and shifting government policies could quickly dampen Ambarella’s upward outlook.</p>
<div class="lb-trans"><p>然而，依赖单一物流供应商和政府政策变化等运营风险可能会迅速抑制安霸的上行前景。</p>
</div><p>Find out about the key risks to this Ambarella narrative.</p>
<div class="lb-trans"><p>了解安霸叙述的关键风险。</p>
</div><h2>Another View: What Does Our DCF Model Say?</h2>
<div class="lb-trans"><h2>另一种观点：我们的 DCF 模型说了什么？</h2>
</div><p>While analysts see Ambarella as undervalued based on earnings growth and potential margins, our SWS DCF model offers a different perspective. It suggests the stock might be overpriced instead. Which approach captures the true picture?</p>
<div class="lb-trans"><p>虽然分析师认为安霸基于收益增长和潜在利润率被低估，但我们的 SWS DCF 模型提供了不同的视角。它表明该股票可能被高估。哪种方法更能捕捉真实情况？</p>
</div><p>Look into how the SWS DCF model arrives at its fair value.</p>
<div class="lb-trans"><p>了解 SWS DCF 模型如何得出其公允价值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/d8b3563d-5867-4157-91ab-989dc69d362c/chart/dcf" alt="" original-src="https://images.simplywall.st/company/d8b3563d-5867-4157-91ab-989dc69d362c/chart/dcf"/></p>
<p>AMBA Discounted Cash Flow as at Aug 2025</p>
<div class="lb-trans"><p>截至 2025 年 8 月的 AMBA 折现现金流</p>
</div><p>Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Ambarella for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.</p>
<div class="lb-trans"><p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看安霸）。我们展示了完整的计算过程。您可以在您的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现基于现金流的低估股票。如果您保存了筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
</div><h2>Build Your Own Ambarella Narrative</h2>
<div class="lb-trans"><h2>构建您自己的安霸叙述</h2>
</div><p>If you have a different take or want to interpret the numbers in your own way, you can quickly generate your own assessment and perspective in just a few minutes. Do it your way</p>
<div class="lb-trans"><p>如果您有不同的看法或想以自己的方式解读数字，您可以在几分钟内快速生成自己的评估和观点。以您的方式进行</p>
</div><p>A great starting point for your Ambarella research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>您对安霸研究的一个很好的起点是我们的分析，突出 1 个关键奖励和 2 个可能影响您投资决策的重要警示信号。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Step ahead of the crowd by using the Simply Wall Street Screener to spot the next compelling opportunities. Make your money work smarter by uncovering niche sectors, emerging themes, or overlooked potential—all with a few clicks. If you are serious about investing, you won’t want to skip these fresh angles.</p>
<div class="lb-trans"><p>通过使用 Simply Wall Street 筛选器，领先于人群，发现下一个引人注目的机会。通过挖掘小众行业、新兴主题或被忽视的潜力，让您的资金更聪明地运作——只需几次点击。如果您认真对待投资，您不会想错过这些新鲜的角度。</p>
</div><ul>
<li>Capture untapped growth from companies harnessing artificial intelligence by starting with the latest picks in AI penny stocks.</li>
<li>Secure your portfolio with steady returns. See which businesses boast high yields through dividend stocks with yields &gt; 3%.</li>
<li>Target tomorrow’s hidden gems in undervalued markets by seeking out opportunities with undervalued stocks based on cash flows.</li>
</ul>
<div class="lb-trans"><ul>
<li>从利用人工智能的公司中捕捉未开发的增长，首先关注最新的 AI 便士股票。</li>
<li>通过稳定的回报保护您的投资组合。查看哪些企业通过收益超过 3% 的股息股票提供高收益。</li>
<li>通过寻找基于现金流的低估股票，瞄准明天在低估市场中的隐藏宝石。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，性质为一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不构成财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

在收入预测上调以及季度业绩强劲之后，安霸的估值观察