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

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

Ambarella declared that its board has initiated a stock buyback plan on Wednesday, June 7th 2017, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

Ambarella (NASDAQ:AMBA) issued its quarterly earnings data on Thursday, March, 1st. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.08. The semiconductor company had revenue of $70.60 million for the quarter, compared to analyst estimates of $70.26 million. Ambarella had a net margin of 6.38% and a return on equity of 4.04%. The business's revenue for the quarter was down 19.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 EPS. View Ambarella's Earnings History.

Ambarella is scheduled to release their next quarterly earnings announcement on Tuesday, June, 5th 2018. View Earnings Estimates for Ambarella.

12 brokerages have issued 1 year target prices for Ambarella's shares. Their forecasts range from $49.00 to $70.00. On average, they expect Ambarella's stock price to reach $61.2222 in the next twelve months. View Analyst Ratings for Ambarella.

Some companies that are related to Ambarella include UMC (UMC), Semiconductor Manufacturing International (SMI), Cypress Semiconductor (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Mellanox Technologies (MLNX), Advantest (ATEYY), Integrated Device Technology (IDTI), AU Optronics (AUO), SolarEdge (SEDG), Semtech (SMTC) and Cabot Microelectronics (CCMP).

Headlines about AMBA stock have trended somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ambarella earned a news sentiment score of 0.13 on Accern's scale. They also assigned news articles about the semiconductor company an impact score of 47.20 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Ambarella's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 $50.78.

Ambarella has a market capitalization of $1.67 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]