Ambarella - AMBA Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMBA shares.
View AMBA analyst ratings or view top-rated stocks.

17 brokers have issued 1 year target prices for Ambarella's stock. Their AMBA share price forecasts range from $75.00 to $260.00. On average, they predict the company's stock price to reach $125.13 in the next twelve months. This suggests a possible upside of 116.9% from the stock's current price.
View analysts price targets for AMBA or view top-rated stocks among Wall Street analysts.

Ambarella's stock was trading at $202.89 at the beginning of 2022. Since then, AMBA stock has decreased by 71.6% and is now trading at $57.70.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 29th 2022.
View our AMBA earnings forecast.

Ambarella, Inc. (NASDAQ:AMBA) posted its earnings results on Tuesday, August, 30th. The semiconductor company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.01. The semiconductor company had revenue of $80.90 million for the quarter, compared to the consensus estimate of $80.21 million. Ambarella had a negative trailing twelve-month return on equity of 6.88% and a negative net margin of 12.14%. The firm's revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.18) earnings per share.

Ambarella updated its third quarter 2023 earnings guidance on Tuesday, September, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $81.00 million-$85.00 million, compared to the consensus revenue estimate of $85.00 million.

27 employees have rated Ambarella Chief Executive Officer Feng-Ming (Fermi) Wang on Glassdoor.com. Feng-Ming (Fermi) Wang has an approval rating of 85% among the company's employees. 87.0% of employees surveyed would recommend working at Ambarella to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ambarella investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Netflix (NFLX), Skyworks Solutions (SWKS), Baidu (BIDU), Gilead Sciences (GILD), Cisco Systems (CSCO) and Advanced Micro Devices (AMD).

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

Shares of AMBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of AMBA stock can currently be purchased for approximately $57.70.

Ambarella (NASDAQ:AMBA) has a market capitalization of $2.22 billion and generates $331.86 million in revenue each year. The semiconductor company earns $-26,410,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis.

The company employs 899 workers across the globe.

Ambarella's mailing address is 3101 Jay Street, Santa Clara CA, 95054. The official website for the company is www.ambarella.com. The semiconductor company can be reached via phone at (408) 734-8888, via email at ir@ambarella.com, or via fax at 408-734-0788.