Ambarella - AMBA Stock Forecast, Price & News

15 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 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMBA shares.
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15 analysts have issued 12-month price targets for Ambarella's shares. Their AMBA share price forecasts range from $60.00 to $220.00. On average, they predict the company's stock price to reach $99.73 in the next year. This suggests a possible upside of 30.7% from the stock's current price.
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Ambarella's stock was trading at $202.89 at the beginning of the year. Since then, AMBA stock has decreased by 62.4% and is now trading at $76.28.
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Ambarella saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 856,700 shares, a decline of 16.8% from the October 31st total of 1,030,000 shares. Based on an average daily trading volume, of 651,500 shares, the short-interest ratio is currently 1.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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Ambarella, Inc. (NASDAQ:AMBA) posted its quarterly earnings data on Monday, August, 30th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.10. The semiconductor company earned $79.30 million during the quarter, compared to analyst estimates of $75.91 million. Ambarella had a negative net margin of 18.42% and a negative trailing twelve-month return on equity of 9.04%. The business's revenue was up 58.3% on a year-over-year basis. During the same period last year, the firm earned $0.06 earnings per share.

Ambarella updated its fourth quarter 2023 earnings guidance on Thursday, December, 1st. 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 $85.39 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."

Ambarella's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.56%), Vanguard Group Inc. (9.14%), Macquarie Group Ltd. (4.21%), State Street Corp (3.49%), Point72 Asset Management L.P. (3.37%) and Credit Suisse AG (1.78%). Insiders that own company stock include Andrew W Verhalen, Chan W Lee, Chenming Hu, Chi-Hong Ju, Christopher B Paisley, Christopher Day, David Jeffrey Richardson, Elizabeth M Schwarting, Feng-Ming Wang, Goldman Sachs Group Inc, Kevin C Eichler, Kevin C Eichler, Leslie Kohn, Teresa H Meng and Yun-Lung Chen.
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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.
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One share of AMBA stock can currently be purchased for approximately $76.28.

Ambarella (NASDAQ:AMBA) has a market capitalization of $2.93 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 ($1.67) 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.