Ambarella Stock Forecast, Price & News

Ambarella's stock was trading at $43.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AMBA stock has increased by 18.0% and is now trading at $51.83.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambarella in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ambarella.

Ambarella is scheduled to release its next quarterly earnings announcement on Monday, November 23rd 2020.
View our earnings forecast for Ambarella.

Ambarella Inc (NASDAQ:AMBA) issued its earnings results on Wednesday, September, 2nd. The semiconductor company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.08. The semiconductor company earned $50.10 million during the quarter, compared to analyst estimates of $50 million. Ambarella had a negative net margin of 20.67% and a negative return on equity of 10.04%. Ambarella's quarterly revenue was down 11.2% on a year-over-year basis. During the same quarter last year, the company posted $0.21 earnings per share.
View Ambarella's earnings history.

Ambarella updated its third quarter 2021 After-Hours earnings guidance on Wednesday, September, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $52-56 million, compared to the consensus revenue estimate of $55.12 million.

14 brokerages have issued 1-year target prices for Ambarella's stock. Their forecasts range from $50.00 to $79.00. On average, they expect Ambarella's stock price to reach $64.00 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts' price targets for Ambarella.

Ambarella saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,820,000 shares, an increase of 9.7% from the August 15th total of 2,570,000 shares. Based on an average trading volume of 548,900 shares, the short-interest ratio is currently 5.1 days.
View Ambarella's Short Interest.

Some companies that are related to Ambarella include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE) and Inphi (IPHI).
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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 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, Robinhood, Fidelity, and Charles Schwab.

One share of AMBA stock can currently be purchased for approximately $51.83.

Ambarella has a market capitalization of $1.79 billion and generates $228.73 million in revenue each year. The semiconductor company earns $-44,790,000.00 in net income (profit) each year or ($1.33) on an earnings per share basis. Ambarella employs 750 workers across the globe.

The official website for Ambarella is www.ambarella.com.

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]