NASDAQ:AMBAAmbarella Stock Price, Forecast & News

Ambarella's stock was trading at $43.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AMBA shares have increased by 8.5% and is now trading at $47.66. 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) released its quarterly earnings data on Tuesday, June, 2nd. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.05. The semiconductor company earned $54.60 million during the quarter, compared to analysts' expectations 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 was up 15.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.01 earnings per share. View Ambarella's earnings history.

Ambarella updated its second quarter 2021 After-Hours earnings guidance on Tuesday, June, 2nd. The company provided earnings per share 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 brokers have issued 1-year price targets for Ambarella's shares. Their forecasts range from $50.00 to $79.00. On average, they expect Ambarella's share price to reach $60.38 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View analysts' price targets for Ambarella.

Headlines about AMBA stock have been trending extremely negative on Wednesday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ambarella earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the near term. View the latest news about Ambarella.

Ambarella saw a drop in short interest in 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 volume of 497,800 shares, the days-to-cover ratio is presently 4.9 days. Currently, 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), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Inphi (IPHI). 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 variety of retail and institutional investors. Top institutional investors 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 $47.66.

Ambarella has a market capitalization of $1.64 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]