Ambarella - AMBA Stock Forecast, Price & News

19 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 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMBA shares.
View AMBA analyst ratings or view top-rated stocks.

19 Wall Street research analysts have issued 12-month target prices for Ambarella's shares. Their AMBA share price forecasts range from $75.00 to $120.00. On average, they predict the company's share price to reach $95.78 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts price targets for AMBA or view top-rated stocks among Wall Street analysts.

Ambarella's stock was trading at $82.23 on January 1st, 2023. Since then, AMBA stock has decreased by 7.9% and is now trading at $75.74.
View the best growth stocks for 2023 here.

Ambarella saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 1,090,000 shares, a decrease of 5.2% from the February 28th total of 1,150,000 shares. Based on an average daily trading volume, of 496,000 shares, the short-interest ratio is presently 2.2 days.
View Ambarella's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023.
View our AMBA earnings forecast.

Ambarella, Inc. (NASDAQ:AMBA) posted its quarterly earnings data on Monday, August, 30th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.10. The semiconductor company had revenue of $79.30 million for the quarter, compared to analyst estimates of $75.91 million. Ambarella had a negative net margin of 19.37% and a negative trailing twelve-month return on equity of 8.94%. Ambarella's quarterly revenue was up 58.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 earnings per share.

ETFs with the largest weight of Ambarella (NASDAQ:AMBA) stock in their portfolio include ProShares S&P Kensho Smart Factories ETF (MAKX), SPDR S&P Semiconductor ETF (XSD), ProShares Metaverse ETF (VERS), Direxion Moonshot Innovators ETF (MOON), ProShares On-Demand ETF (OND), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), Global X Internet of Things Thematic ETF (SNSR) and First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT).

Ambarella issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $60.00 million-$64.00 million, compared to the consensus revenue estimate of $77.14 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 many different retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (4.69%), William Blair Investment Management LLC (3.58%), Millennium Management LLC (3.26%), Geode Capital Management LLC (1.78%), Credit Suisse AG (1.76%) and Baillie Gifford & Co. (1.66%). Insiders that own company stock include Andrew W Verhalen, Brian C White, Chan W Lee, Chenming Hu, Chi-Hong Ju, Christopher B Paisley, Christopher Day, David Jeffrey Richardson, Elizabeth M Schwarting, Feng-Ming Wang, Kevin C Eichler, Kevin C Eichler, Leslie Kohn, Teresa H Meng and Yun-Lung Chen.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of AMBA stock can currently be purchased for approximately $75.74.

Ambarella (NASDAQ:AMBA) has a market capitalization of $2.94 billion and generates $337.61 million in revenue each year. The semiconductor company earns $-65,390,000.00 in net income (profit) each year or ($1.71) 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.