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

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

Ambarella announced that its board has authorized a share repurchase program 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 repurchase up to 2.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Ambarella Inc (NASDAQ:AMBA) announced its earnings results on Tuesday, June, 5th. The semiconductor company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates 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 was down 11.2% on a year-over-year basis. During the same quarter last year, the company earned $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 twelve-month target prices for Ambarella's stock. Their forecasts range from $42.00 to $70.00. On average, they expect Ambarella's share price to reach $55.00 in the next year. This suggests a possible upside of 40.6% 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), Mellanox Technologies (MLNX), Integrated Device Technology (IDTI), 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), BE Semiconductor Industrs (BESIY) and Finisar (FNSR).

News headlines about AMBA stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ambarella earned a coverage optimism score of 0.09 on Accern's scale. They also gave media stories about the semiconductor company an impact score of 46.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate 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 bought 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 $39.11.

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]