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 (WHO). Since then, AMBA stock has 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 data on Tuesday, June, 2nd. The semiconductor company reported $0.04 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.05. The semiconductor company had revenue of $54.60 million for the quarter, compared to the consensus estimate of $54.32 million. Ambarella had a negative net margin of 18.18% and a negative return on equity of 9.00%. The business's revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 EPS. 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 analysts have issued 12 month price objectives for Ambarella's shares. 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 stories about AMBA stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ambarella earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Ambarella.

Ambarella saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,430,000 shares, a decline 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 short-interest ratio is presently 4.9 days. Approximately 7.4% of the shares of the company are sold short. 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 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 $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]