NASDAQ:AMBA - Ambarella Stock Price, Forecast & News

Ambarella's stock was trading at $43.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AMBA shares have increased by 9.0% and is now trading at $47.88. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 2 sell ratings, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ambarella.

Ambarella is scheduled to release its next quarterly earnings announcement on Tuesday, June 2nd 2020. View our earnings forecast for Ambarella.

Ambarella Inc (NASDAQ:AMBA) posted its quarterly earnings data on Tuesday, March, 3rd. The semiconductor company reported $0.14 EPS for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.03. The semiconductor company had revenue of $57.21 million for the quarter, compared to analyst estimates of $57.18 million. Ambarella had a negative net margin of 19.58% and a negative return on equity of 9.60%. The firm's revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company posted $0.14 EPS. View Ambarella's earnings history.

Ambarella updated its first quarter 2021 After-Hours earnings guidance on Tuesday, March, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $52-57 million, compared to the consensus revenue estimate of $49.49 million.

11 Wall Street analysts have issued 1-year target prices for Ambarella's shares. Their forecasts range from $53.00 to $79.00. On average, they anticipate Ambarella's share price to reach $64.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View analysts' price targets for Ambarella.

Media headlines about AMBA stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ambarella earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View the latest news aboutAmbarella.

Ambarella saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,016,200 shares, a decrease of 20.6% from the February 27th total of 2,540,000 shares. Based on an average daily trading volume, of 985,200 shares, the short-interest ratio is presently 2.0 days. Approximately 6.3% of the company's stock are short sold. View Ambarella's Current Options Chain.

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

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

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

Ambarella's stock is owned by many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.23%), FIL Ltd (2.83%), Janus Henderson Group PLC (2.78%), State Street Corp (2.78%), AXA (2.61%) and Pinnacle Associates Ltd. (2.06%). Company insiders that own Ambarella stock include Chenming Hu, Christopher B Paisley, Christopher Day, David Jeffrey Richardson, Feng-Ming Wang, George Laplante, 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 Columbus Circle Investors, KBC Group NV, Macquarie Group Ltd., Macquarie Group Ltd., Bank of New York Mellon Corp, Quantbot Technologies LP, Bank of America Corp DE, and Employees Retirement System of Texas. Company insiders that have sold Ambarella company stock in the last year include Chenming Hu, Christopher B Paisley, Christopher Day, Feng-Ming Wang, Kevin C Eichler, Leslie Kohn, Teresa H Meng, and Yun-Lung Chen. View insider buying and selling activity for Ambarella.

AMBA stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, State Street Corp, Janus Henderson Group PLC, Norges Bank, Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., and FIL Ltd. 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 $47.88.

Ambarella has a market capitalization of $1.61 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. View additional information about Ambarella.

The official website for Ambarella is http://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]