NASDAQ:AMBAAmbarella Stock Price, Forecast & News

Ambarella's stock was trading at $43.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AMBA shares have increased by 9.7% and is now trading at $48.21. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ambarella.

Ambarella is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Ambarella.

Ambarella Inc (NASDAQ:AMBA) issued its quarterly earnings results on Tuesday, June, 2nd. The semiconductor company reported $0.04 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.05. The semiconductor company had revenue of $54.60 million for the quarter, compared to analyst estimates of $54.32 million. Ambarella had a negative return on equity of 9.00% and a negative net margin of 18.18%. Ambarella's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.01 EPS. View Ambarella's earnings history.

Ambarella issued an update on its second quarter 2021 After-Hours earnings guidance on Tuesday, June, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $47-53 million, compared to the consensus revenue estimate of $55.54 million.

14 brokerages have issued 12-month target prices for Ambarella's stock. Their forecasts range from $50.00 to $79.00. On average, they expect Ambarella's stock price to reach $60.38 in the next year. This suggests a possible upside of 25.3% from the stock's current price. View analysts' price targets for Ambarella.

News headlines about AMBA stock have trended negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ambarella earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about Ambarella.

Ambarella saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,430,000 shares, a drop of 5.4% from the June 15th total of 2,570,000 shares. Based on an average daily trading volume, of 497,800 shares, the days-to-cover ratio is presently 4.9 days. Approximately 7.4% of the company's shares are short sold. View Ambarella's Current Options Chain.

Some companies that are related to Ambarella include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), Inphi (IPHI) and First Solar (FSLR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ambarella investors own include Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Skyworks Solutions (SWKS), Micron Technology (MU), Gilead Sciences (GILD), Baidu (BIDU), Cisco Systems (CSCO), Walt Disney (DIS) and Tesla (TSLA).

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 Envestnet Asset Management Inc. (0.07%). Company insiders that own Ambarella stock include Chenming Hu, Christopher B Paisley, Christopher Day, David Jeffrey Richardson, Feng-Ming Wang, George Laplante, Goldman Sachs Group Inc, Kevin C Eichler, Leslie Kohn, Teresa H Meng and Yun-Lung Chen. View institutional ownership trends for Ambarella.

AMBA stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold Ambarella company stock in the last year include Chenming Hu, Christopher B Paisley, Christopher Day, David Jeffrey Richardson, Feng-Ming Wang, Goldman Sachs Group Inc, Kevin C Eichler, Leslie Kohn, Teresa H Meng, and Yun-Lung Chen. View insider buying and selling activity for Ambarella.

Shares of AMBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AMBA stock can currently be purchased for approximately $48.21.

Ambarella has a market capitalization of $1.66 billion and generates $228.73 million in revenue each year. The semiconductor company earns $-44,790,000.00 in net income (profit) each year or ($1.33) on an earnings per share basis. Ambarella employs 750 workers across the globe.

The official website for Ambarella is www.ambarella.com.

Ambarella's mailing address is 3101 Jay Street, Santa Clara CA, 95054. The semiconductor company can be reached via phone at 408-734-8888 or via email at [email protected]