NASDAQ:AMBA - Ambarella Stock Price, Price Target & More

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

Ambarella announced that its Board of Directors has approved a stock repurchase plan on Wednesday, June 7th 2017, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Ambarella Inc (NASDAQ:AMBA) posted its quarterly earnings data on Tuesday, June, 5th. The semiconductor company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The semiconductor company earned $56.90 million during the quarter, compared to analysts' expectations of $56.13 million. Ambarella had a return on equity of 1.42% and a net margin of 2.18%. The firm's revenue was down 11.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 EPS. View Ambarella's Earnings History.

Ambarella is scheduled to release their next quarterly earnings announcement on Wednesday, August, 29th 2018. View Earnings Estimates for Ambarella.

12 equities research analysts have issued 1-year price targets for Ambarella's shares. Their predictions range from $44.00 to $70.00. On average, they anticipate Ambarella's share price to reach $56.4444 in the next year. This suggests a possible upside of 50.0% from the stock's current price. View Analyst Ratings for Ambarella.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Ambarella include Cree (CREE), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), Mellanox Technologies (MLNX), AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC), Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), Solaredge Technologies (SEDG), Viavi Solutions (VIAV), Power Integrations (POWI), Tower Semiconductor (TSEM), Finisar (FNSR) and Amkor Technology (AMKR).

Media stories about AMBA stock have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ambarella earned a media sentiment score of 0.17 on Accern's scale. They also assigned headlines about the semiconductor company an impact score of 45.84 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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, Scottrade, Fidelity and Charles Schwab.

One share of AMBA stock can currently be purchased for approximately $37.62.

Ambarella has a market capitalization of $1.27 billion and generates $295.40 million in revenue each year. The semiconductor company earns $18.85 million in net income (profit) each year or $0.55 on an earnings per share basis. Ambarella employs 706 workers across the globe.

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]