Ambarella - AMBA Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 1 sell rating, 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMBA shares.
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17 Wall Street research analysts have issued 1-year price objectives for Ambarella's stock. Their AMBA share price forecasts range from $75.00 to $220.00. On average, they predict the company's share price to reach $100.35 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
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Ambarella's stock was trading at $82.23 at the beginning of the year. Since then, AMBA shares have increased by 14.1% and is now trading at $93.85.
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Ambarella saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,350,000 shares, a decrease of 11.2% from the December 31st total of 1,520,000 shares. Based on an average daily trading volume, of 581,300 shares, the short-interest ratio is currently 2.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
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Ambarella will be holding an earnings conference call on Tuesday, February 28th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Ambarella, Inc. (NASDAQ:AMBA) announced its earnings results on Thursday, December, 1st. The semiconductor company reported ($0.33) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.45) by $0.12. The semiconductor company earned $83.10 million during the quarter, compared to analyst estimates of $83.03 million. Ambarella had a negative trailing twelve-month return on equity of 8.96% and a negative net margin of 18.42%.

Ambarella updated its fourth quarter 2023 earnings guidance on Saturday, December, 31st. The company provided earnings per share 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 number of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (1.66%), Stephens Investment Management Group LLC (1.30%), Pinnacle Associates Ltd. (0.94%), Pinnacle Associates Ltd. (0.93%), Exchange Traded Concepts LLC (0.52%) and Tributary Capital Management LLC (0.43%). 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 $93.85.

Ambarella (NASDAQ:AMBA) has a market capitalization of $3.64 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.