NASDAQ:AMBA

Ambarella (AMBA) Stock Forecast, Price & News

$53.03

+0.99 (+1.90%)

(As of 09/29/2023 ET)

Compare

Today's Range: $52.51
▼
$53.53
50-Day Range: $50.78
▼
$84.01
52-Week Range: $49.02
▼
$99.86

Volume: 418,861 shs
Average Volume: 545,749 shs
Market Capitalization: $2.11 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $83.90

Ambarella MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.79 Rating Score
Upside/Downside: 58.2% Upside
$83.90 Price Target
Short Interest: Healthy
2.83% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 7 Articles This Week
Insider Trading: Selling Shares
$1.14 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($3.57) to ($3.35) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.80 out of 5 stars

Computer And Technology Sector

80th out of 608 stocks

Semiconductors & Related Devices Industry

19th out of 90 stocks

4.4

Analyst's Opinion

Consensus Rating
Ambarella has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 15 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.90, Ambarella has a forecasted upside of 58.2% from its current price of $53.03.
Amount of Analyst Coverage
Ambarella has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.83% of the outstanding shares of Ambarella have been sold short.
Short Interest Ratio / Days to Cover
Ambarella has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ambarella has recently decreased by 15.67%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ambarella does not currently pay a dividend.
Dividend Growth
Ambarella does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AMBA.

3.2

News and Social Media Coverage

News Sentiment
Ambarella has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Ambarella this week, compared to 4 articles on an average week.
Search Interest
Only 10 people have searched for AMBA on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
24 people have added Ambarella to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ambarella insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,143,278.00 in company stock.
Percentage Held by Insiders
Only 5.90% of the stock of Ambarella is held by insiders.
Percentage Held by Institutions
79.74% of the stock of Ambarella is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Ambarella are expected to grow in the coming year, from ($3.57) to ($3.35) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ambarella is -21.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ambarella is -21.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ambarella has a P/B Ratio of 3.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ambarella (NASDAQ:AMBA) Stock

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image processing, and deep neural network processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its solutions are used in automotive cameras, such as automotive video recorders, electronic mirrors, front advanced driver assistance system camera, cabin monitoring system and driver monitoring system camera, and central domain controllers for autonomous vehicle; enterprise and home security camera; and robotics and industrial application, including identification/authentication cameras, robotic products, and sensing cameras, as well as cameras for the home, public spaces, and consumer leisure comprising wearable body cameras, sports action cameras, social media cameras, drones for capturing aerial video or photographs, video conferencing, and virtual reality applications. The company sells its solutions to original design manufacturers and original equipment manufacturers through its direct sales force and distributors. Ambarella, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

AMBA Price History

30 days | 90 days | 365 days | Advanced Chart

AMBA Stock News Headlines

September 26, 2023 | marketbeat.com

5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings (AMBA)

Chip stocks have been beaten up over the past few months and present an opportunity for investors ahead of the Q3 reporting season.

September 11, 2023 | marketbeat.com

16 Top Robotics Companies to Get to Know in 2023 (AMBA)

What are the top robotics companies in the USA, as robotics continues to grow? Learn more about the best companies today with MarketBeat.

October 1, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.

September 8, 2023 | marketbeat.com

AI 2.0 is Here: How to Invest in a Generational Opportunity (AMBA)

AI is sweeping the world but don't confuse apples with oranges; here's a look at the top 5 advancements in AI and who is using it.

October 1, 2023 | americanbankingnews.com

Ambarella, Inc. (NASDAQ:AMBA) Sees Significant Drop in Short Interest

September 28, 2023 | finance.yahoo.com

Why Is Ambarella (AMBA) Down 15.8% Since Last Earnings Report?

September 28, 2023 | finance.yahoo.com

Beware! 3 Robotics Stocks Waving Massive Red Flags Right Now

September 25, 2023 | americanbankingnews.com

Analysts Set Ambarella, Inc. (NASDAQ:AMBA) PT at $83.90

October 1, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

September 21, 2023 | gurufocus.com

Insider Sell: CFO Brian White Sells 3,274 Shares of Ambarella Inc

September 2, 2023 | finance.yahoo.com

Is Ambarella Stock a Buy Now?

September 1, 2023 | proactiveinvestors.com

Chipmaker Ambarella tanks 20% following underwhelming earnings call

September 1, 2023 | seekingalpha.com

Ambarella cut to Market Perform at TD Cowen

August 30, 2023 | markets.businessinsider.com

Bank of America Securities Remains a Sell on Ambarella (AMBA)

August 30, 2023 | msn.com

Ambarella Stock Sinks. It's Seeing a 'Weak' Demand Environment.

August 30, 2023 | finance.yahoo.com

Ambarella (AMBA) Q2 Loss Narrower Than Expected, Revenues Miss

August 30, 2023 | finance.yahoo.com

Ambarella, Inc. (NASDAQ:AMBA) Q2 2024 Earnings Call Transcript

August 30, 2023 | barrons.com

Ambarella Stock Sinks as It Sees ‘Weak’ Demand Environment. What Wall Street Thinks.

August 30, 2023 | msn.com

Ambarella likely a takeover candidate amid share plunge - analyst

August 30, 2023 | wsj.com

Chipmaker Ambarella's Stock Plunges After Disappointing Forecast

August 30, 2023 | fool.com

Why Ambarella Stock Dropped Like a Rock Today

August 30, 2023 | markets.businessinsider.com

Analysts Lower Ambarella Price Targets: Shifting Focus From Earnings To Underlying Tech Amid Market Weakness

August 30, 2023 | finance.yahoo.com

These Stocks Moved the Most Today: Ambarella, HP Inc., Box, Insulet, Sunrun, Nvidia, and More

August 30, 2023 | markets.businessinsider.com

Ambarella (AMBA) Gets a Hold from Deutsche Bank

August 30, 2023 | benzinga.com

Box, Ambarella, HP And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

August 30, 2023 | msn.com

Wednesday’s Wall Street Highlights: Ambarella, Alphabet, Toyota, HP Inc, Vinfast, and more

August 30, 2023 | msn.com

Ambarella slumps ~20% after Q3 revenue outlook disappoints

See More Headlines

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AMBA Company Calendar

Last Earnings: 8/29/2023
Today: 10/01/2023
Next Earnings (Estimated): 12/07/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:AMBA
CUSIP: G037AX10
CIK: 1280263
Web: www.ambarella.com
Phone: (408) 734-8888
Fax: 408-734-0788
Employees: 937
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $83.90
High Stock Price Forecast: $120.00
Low Stock Price Forecast: $58.00
Forecasted Upside/Downside: +58.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.79
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-65,390,000.00
Net Margins: -33.72%
Pretax Margin: -37.56%
Return on Equity: -14.39%
Return on Assets: -12.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.84
Quick Ratio: 3.37

Sales & Book Value

Annual Sales: $337.61 million
Price / Sales: 6.26
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $15.10 per share
Price / Book: 3.51

Miscellaneous

Outstanding Shares: 39,880,000
Free Float: 37,525,000
Market Cap: $2.11 billion
Optionable: Optionable
Beta: 1.55

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Key Executives

Dr. Feng-Ming Wang Ph.D. (Age 59)
Co-Founder, Pres, CEO & Exec. Chairman
Comp: $561k

Mr. Leslie D. Kohn (Age 66)
Co-Founder, CTO & Director
Comp: $375.52k

Mr. Brian C. White (Age 58)
Chief Financial Officer
Comp: $483k

Mr. Chan W. Lee (Age 54)
Chief Operating Officer
Comp: $340.33k

Mr. John Young (Age 51)
VP of Fin. & Principal Accounting Officer
Comp: $339.22k

Mr. Chi-Hong Ju (Age 61)
Sr. VP of Systems & GM of Asia Design Centers
Comp: $351.04k

Mr. Didier LeGall Ph.D. (Age 68)
Co-Founder

Mr. Michael Morehead
Gen. Counsel & Sec.

Mr. Christopher Day (Age 60)
VP of Marketing & Bus. Devel.

Mr. Louis P. Gerhardy
VP of Corp. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMBA Stock - Frequently Asked Questions

Should I buy or sell Ambarella stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last twelve months. There are currently 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMBA shares.
View AMBA analyst ratings or view top-rated stocks.
What is Ambarella's stock price forecast for 2023?: 19 analysts have issued 12 month price objectives for Ambarella's shares. Their AMBA share price forecasts range from $58.00 to $120.00. On average, they anticipate the company's share price to reach $83.90 in the next twelve months. This suggests a possible upside of 58.2% from the stock's current price.
View analysts price targets for AMBA or view top-rated stocks among Wall Street analysts.
How have AMBA shares performed in 2023?: Ambarella's stock was trading at $82.23 at the start of the year. Since then, AMBA shares have decreased by 35.5% and is now trading at $53.03.
View the best growth stocks for 2023 here.
Are investors shorting Ambarella?: Ambarella saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,130,000 shares, a decrease of 15.7% from the August 31st total of 1,340,000 shares. Based on an average daily volume of 588,900 shares, the days-to-cover ratio is currently 1.9 days.
View Ambarella's Short Interest.
When is Ambarella's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our AMBA earnings forecast.
How were Ambarella's earnings last quarter?: Ambarella, Inc. (NASDAQ:AMBA) announced its quarterly earnings results on Tuesday, August, 29th. The semiconductor company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $0.06. The semiconductor company had revenue of $62.10 million for the quarter, compared to the consensus estimate of $62.02 million. Ambarella had a negative net margin of 33.72% and a negative trailing twelve-month return on equity of 14.39%. The business's revenue was down 23.2% on a year-over-year basis. During the same period in the prior year, the business earned ($0.51) EPS.
What ETFs hold Ambarella's stock?: ETFs with the largest weight of Ambarella (NASDAQ:AMBA) stock in their portfolio include ProShares S&P Kensho Smart Factories ETF (MAKX), SPDR S&P Semiconductor ETF (XSD), ProShares On-Demand ETF (OND), ProShares Metaverse ETF (VERS), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), Direxion Moonshot Innovators ETF (MOON), Global X Internet of Things Thematic ETF (SNSR) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI).
What guidance has Ambarella issued on next quarter's earnings?: Ambarella issued an update on its third quarter 2024 earnings guidance on Tuesday, August, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $48.00 million-$52.00 million, compared to the consensus revenue estimate of $67.60 million.

What is Feng-Ming (Fermi) Wang's approval rating as Ambarella's CEO?: 27 employees have rated Ambarella Chief Executive Officer Feng-Ming (Fermi) Wang on Glassdoor.com. Feng-Ming (Fermi) Wang has an approval rating of 85% among the company's employees. 87.0% of employees surveyed would recommend working at Ambarella to a friend.
What other stocks do shareholders of Ambarella own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ambarella investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Netflix (NFLX), Skyworks Solutions (SWKS), Baidu (BIDU), Gilead Sciences (GILD), Cisco Systems (CSCO) and Advanced Micro Devices (AMD).
What is Ambarella's stock symbol?: Ambarella trades on the NASDAQ under the ticker symbol "AMBA."
How do I buy shares of Ambarella?: Shares of AMBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ambarella's stock price today?: One share of AMBA stock can currently be purchased for approximately $53.03.
How much money does Ambarella make?: Ambarella (NASDAQ:AMBA) has a market capitalization of $2.11 billion and generates $337.61 million in revenue each year. The semiconductor company earns $-65,390,000.00 in net income (profit) each year or ($2.50) on an earnings per share basis.
How many employees does Ambarella have?: The company employs 937 workers across the globe.
How can I contact Ambarella?: Ambarella's mailing address is 3101 Jay Street, Santa Clara CA, 95054. The official website for the company is www.ambarella.com. The semiconductor company can be reached via phone at (408) 734-8888, via email at ir@ambarella.com, or via fax at 408-734-0788.

This page (NASDAQ:AMBA) was last updated on 10/1/2023 by MarketBeat.com Staff

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Ambarella (AMBA) Stock Forecast, Price & News

Ambarella MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ambarella (NASDAQ:AMBA) Stock

AMBA Price History

AMBA Stock News Headlines

AMBA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AMBA Stock - Frequently Asked Questions

Overall MarketRank^™