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

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

Ambarella announced that its Board of Directors has authorized a stock repurchase program 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 programs are generally an indication that the company's leadership believes its shares are undervalued.

Ambarella Inc (NASDAQ:AMBA) issued its earnings results on Tuesday, June, 5th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.04. The semiconductor company earned $56.90 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. 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.

12 equities research analysts have issued 12 month price objectives for Ambarella's stock. Their predictions range from $44.00 to $70.00. On average, they expect Ambarella's share price to reach $56.4444 in the next year. View Analyst Ratings for Ambarella.

Some companies that are related to Ambarella include First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Mellanox Technologies (MLNX), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI), AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC), Cabot Microelectronics (CCMP), BE Semiconductor Industrs (BESIY), Power Integrations (POWI), Cirrus Logic (CRUS), Viavi Solutions (VIAV) and Solaredge Technologies (SEDG).

News stories about AMBA stock have been trending positive recently, according to Accern. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of 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 0.36 on Accern's scale. They also gave media headlines about the semiconductor company an impact score of 45.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Ambarella's stock is owned by a number 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 bought 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 $41.57.

Ambarella has a market capitalization of $1.44 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]