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 stock buyback plan on Wednesday, June 7th 2017, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Ambarella Inc (NASDAQ:AMBA) announced its quarterly earnings results on Tuesday, June, 5th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.04. The semiconductor company had revenue of $56.90 million for the quarter, compared to the consensus estimate of $56.13 million. Ambarella had a return on equity of 1.42% and a net margin of 2.18%. The company's revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 earnings per share. 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 Wall Street analysts have issued 1 year 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 39.1% 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).

Media coverage about AMBA stock has been trending somewhat negative this week, according to Accern. Accern ranks the sentiment of press 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 news sentiment score of -0.02 on Accern's scale. They also gave press coverage about the semiconductor company an impact score of 44.75 out of 100, meaning 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 shareholders 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 $39.53.

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]