Ambarella - AMBA Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 1 sell rating, 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMBA shares.
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17 brokers have issued twelve-month price targets for Ambarella's shares. Their AMBA share price forecasts range from $75.00 to $260.00. On average, they expect the company's share price to reach $125.13 in the next twelve months. This suggests a possible upside of 114.0% from the stock's current price.
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Ambarella's stock was trading at $202.89 at the beginning of the year. Since then, AMBA shares have decreased by 71.2% and is now trading at $58.47.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 29th 2022.
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Ambarella, Inc. (NASDAQ:AMBA) announced its quarterly earnings results on Tuesday, August, 30th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The semiconductor company earned $80.90 million during the quarter, compared to analysts' expectations of $80.21 million. Ambarella had a negative trailing twelve-month return on equity of 6.88% and a negative net margin of 12.14%. The firm's revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.18) EPS.

Ambarella issued an update on its third quarter 2023 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $81.00 million-$85.00 million, compared to the consensus revenue estimate of $85.00 million.

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.

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).

Ambarella trades on the NASDAQ under the ticker symbol "AMBA."

Ambarella's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Macquarie Group Ltd. (4.30%), State Street Corp (3.25%), Point72 Asset Management L.P. (1.72%), Baillie Gifford & Co. (1.63%), Credit Suisse AG (1.36%) and Renaissance Technologies LLC (1.26%). Insiders that own company stock include Andrew W Verhalen, Chan W Lee, Chenming Hu, Chi-Hong Ju, Christopher B Paisley, Christopher Day, David Jeffrey Richardson, Elizabeth M Schwarting, Feng-Ming Wang, Goldman Sachs Group Inc, Kevin C Eichler, Kevin C Eichler, Leslie Kohn, Teresa H Meng and Yun-Lung Chen.
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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.
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One share of AMBA stock can currently be purchased for approximately $58.47.

Ambarella (NASDAQ:AMBA) has a market capitalization of $2.25 billion and generates $331.86 million in revenue each year. The semiconductor company earns $-26,410,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis.

The company employs 899 workers across the globe.

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.