Q2 Earnings Estimate for Ambarella Issued By Northland Capmk

Ambarella, Inc. (NASDAQ:AMBA) – Equities researchers at Northland Capmk issued their Q2 2027 earnings per share estimates for Ambarella in a research report issued on Thursday, February 27th. Northland Capmk analyst G. Richard anticipates that the semiconductor company will earn ($0.62) per share for the quarter. The consensus estimate for Ambarella’s current full-year earnings is ($2.81) per share.

A number of other research firms have also commented on AMBA. Morgan Stanley boosted their price target on shares of Ambarella from $73.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Stifel Nicolaus boosted their target price on Ambarella from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. Craig Hallum raised their price target on Ambarella from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Susquehanna boosted their price objective on Ambarella from $95.00 to $100.00 and gave the stock a “positive” rating in a research note on Wednesday, January 22nd. Finally, Needham & Company LLC raised their target price on Ambarella from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $86.67.

Ambarella Stock Performance

Shares of NASDAQ:AMBA opened at $56.81 on Monday. The company’s fifty day moving average is $75.74 and its 200-day moving average is $65.39. Ambarella has a 52 week low of $39.69 and a 52 week high of $85.15. The company has a market capitalization of $2.37 billion, a PE ratio of -14.72 and a beta of 1.66.

Insider Buying and Selling at Ambarella

In related news, COO Chan W. Lee sold 1,000 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $79.15, for a total value of $79,150.00. Following the transaction, the chief operating officer now directly owns 116,918 shares in the company, valued at $9,254,059.70. This represents a 0.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Christopher Day sold 1,247 shares of Ambarella stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $78.10, for a total transaction of $97,390.70. Following the sale, the vice president now directly owns 14,530 shares of the company’s stock, valued at $1,134,793. This represents a 7.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,583 shares of company stock worth $1,853,918. Company insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On Ambarella

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its position in shares of Ambarella by 180.3% in the 3rd quarter. Blue Trust Inc. now owns 499 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 321 shares during the period. Skandinaviska Enskilda Banken AB publ raised its holdings in Ambarella by 68.7% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 452 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 184 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of Ambarella during the fourth quarter worth $37,000. Sterling Capital Management LLC grew its holdings in shares of Ambarella by 629.3% in the 4th quarter. Sterling Capital Management LLC now owns 598 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 516 shares during the period. Finally, Larson Financial Group LLC grew its holdings in shares of Ambarella by 6,014.3% in the 3rd quarter. Larson Financial Group LLC now owns 856 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 842 shares during the period. Institutional investors own 82.09% of the company’s stock.

Ambarella Company Profile

Ambarella, Inc develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.