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 initiated a share repurchase plan 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 purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Ambarella Inc (NASDAQ:AMBA) released 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%. Ambarella's revenue for the quarter was down 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $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.

13 brokerages have issued 12-month price objectives for Ambarella's shares. Their forecasts range from $42.00 to $70.00. On average, they anticipate Ambarella's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 38.7% from the stock's current price. View Analyst Ratings for Ambarella.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 8 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), Solaredge Technologies (SEDG), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Power Integrations (POWI), Tower Semiconductor (TSEM), Finisar (FNSR) and BE Semiconductor Industrs (BESIY).

Press coverage about AMBA stock has been trending positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public 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 0.25 on Accern's scale. They also assigned headlines about the semiconductor company an impact score of 45.70 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Ambarella's stock is owned by a number of of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (0.98%). 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 purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co.. 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 $39.66.

Ambarella has a market capitalization of $1.29 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]