Analysts Set Ambarella, Inc. (NASDAQ:AMBA) Price Target at $93.88

Shares of Ambarella, Inc. (NASDAQ:AMBA) have been assigned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $93.8750.

A number of research analysts recently commented on the company. Needham & Company LLC increased their price target on Ambarella from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. Summit Insights raised Ambarella from a “hold” rating to a “buy” rating in a report on Friday, August 29th. Rosenblatt Securities increased their price target on Ambarella from $95.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. BNP Paribas raised Ambarella to a “strong-buy” rating in a report on Friday, August 29th. Finally, Bank of America increased their price target on Ambarella from $63.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, August 29th.

Ambarella Stock Performance

AMBA stock opened at $82.64 on Tuesday. Ambarella has a 1 year low of $38.86 and a 1 year high of $93.44. The firm has a market cap of $3.53 billion, a P/E ratio of -39.17 and a beta of 2.09. The stock has a 50-day simple moving average of $71.77 and a 200-day simple moving average of $60.16.

Ambarella (NASDAQ:AMBA) last posted its earnings results on Thursday, August 28th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.10. Ambarella had a negative return on equity of 14.73% and a negative net margin of 25.46%.The business had revenue of $95.51 million during the quarter, compared to analyst estimates of $90.01 million. During the same quarter last year, the firm earned ($0.13) earnings per share. The company’s revenue for the quarter was up 49.9% compared to the same quarter last year. Ambarella has set its Q3 2026 guidance at EPS. On average, equities research analysts predict that Ambarella will post -2.81 EPS for the current year.

Insider Buying and Selling

In other Ambarella news, VP Yun-Lung Chen sold 8,492 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $84.42, for a total transaction of $716,894.64. Following the transaction, the vice president owned 61,651 shares of the company’s stock, valued at $5,204,577.42. This trade represents a 12.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Christopher B. Paisley sold 1,000 shares of the stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $62.58, for a total value of $62,580.00. Following the transaction, the director directly owned 39,281 shares in the company, valued at approximately $2,458,204.98. This represents a 2.48% decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Ambarella

Institutional investors have recently modified their holdings of the company. Nuveen LLC purchased a new position in Ambarella in the first quarter valued at about $32,169,000. Jacobs Levy Equity Management Inc. boosted its stake in Ambarella by 1,635.4% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 647,788 shares of the semiconductor company’s stock valued at $32,603,000 after buying an additional 610,460 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Ambarella by 88.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,232,272 shares of the semiconductor company’s stock valued at $62,020,000 after buying an additional 579,917 shares in the last quarter. Squarepoint Ops LLC bought a new position in Ambarella in the 2nd quarter valued at $36,810,000. Finally, Balyasny Asset Management L.P. raised its position in shares of Ambarella by 894.7% during the second quarter. Balyasny Asset Management L.P. now owns 459,562 shares of the semiconductor company’s stock worth $30,361,000 after acquiring an additional 413,362 shares during the last quarter. Institutional investors own 82.09% of the company’s stock.

About Ambarella

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.