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

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

Ambarella declared that its Board of Directors has approved a share repurchase program on Wednesday, June 7th 2017, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Ambarella Inc (NASDAQ:AMBA) issued its quarterly earnings data on Tuesday, June, 5th. The semiconductor company reported $0.13 earnings per share 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 company's quarterly revenue was down 11.2% on a year-over-year basis. During the same period last 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 analysts have issued 1 year price targets for Ambarella's shares. Their forecasts range from $44.00 to $70.00. On average, they anticipate Ambarella's stock price to reach $56.4444 in the next year. View Analyst Ratings for Ambarella.

Some companies that are related to Ambarella include Cavium (CAVM), First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Mellanox Technologies (MLNX), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC), Cabot Microelectronics (CCMP), BE Semiconductor Industrs (BESIY), Power Integrations (POWI), Cirrus Logic (CRUS) and Viavi Solutions (VIAV).

Media coverage about AMBA stock has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ambarella earned a daily sentiment score of 0.08 on Accern's scale. They also gave media headlines about the semiconductor company an impact score of 46.45 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Ambarella's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.49%), Van Berkom & Associates Inc. (4.13%), Pinnacle Associates Ltd. (2.69%), State of Tennessee Treasury Department (1.88%), Rothschild Asset Management Inc. (1.49%) and Artisan Partners Limited Partnership (1.35%). Company insiders that own Ambarella stock include Christopher B Paisley, Christopher Day, Feng-Ming Wang, George Laplante, Leslie Kohn 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 Millennium Management LLC, Pinnacle Associates Ltd., UBS Group AG, Rothschild Asset Management Inc., BlackRock Inc., Daiwa Securities Group Inc., Baird Financial Group Inc. and Bayesian Capital Management LP. Company insiders that have sold Ambarella company stock in the last year include Christopher B Paisley, Christopher Day, Feng-Ming Wang, George Laplante, Leslie Kohn and Yun-Lung Chen. View Insider Buying and Selling for Ambarella.

AMBA stock was purchased by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Legal & General Group Plc, Candriam Luxembourg S.C.A., Dimensional Fund Advisors LP, Prince Street Capital Management LLC, Amundi Pioneer Asset Management Inc., Tygh Capital Management Inc. and Carillon Tower Advisers Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of AMBA stock can currently be purchased for approximately $43.24.

Ambarella has a market capitalization of $1.46 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]