Q2 Earnings Forecast for Ambarella Issued By Northland Capmk

Ambarella, Inc. (NASDAQ:AMBA) – Research analysts at Northland Capmk issued their Q2 2027 earnings estimates for Ambarella in a research note issued to investors on Thursday, February 27th. Northland Capmk analyst G. Richard forecasts 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.

Other analysts also recently issued research reports about the company. Needham & Company LLC lifted their price target on Ambarella from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. StockNews.com raised Ambarella from a “sell” rating to a “hold” rating in a research report on Friday. Northland Securities reaffirmed an “outperform” rating and set a $95.00 price target (up previously from $75.00) on shares of Ambarella in a research report on Wednesday, November 27th. Morgan Stanley lifted their price objective on shares of Ambarella from $73.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Finally, Craig Hallum increased their target price on shares of Ambarella from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ambarella currently has a consensus rating of “Moderate Buy” and an average target price of $86.67.

Ambarella Stock Down 7.5 %

Shares of NASDAQ:AMBA opened at $56.81 on Monday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -14.72 and a beta of 1.66. Ambarella has a 12 month low of $39.69 and a 12 month high of $85.15. The company’s fifty day simple moving average is $75.74 and its 200 day simple moving average is $65.39.

Hedge Funds Weigh In On Ambarella

Several institutional investors and hedge funds have recently modified their holdings of AMBA. Blue Trust Inc. boosted its holdings in shares of Ambarella by 180.3% during the 3rd quarter. Blue Trust Inc. now owns 499 shares of the semiconductor company’s stock worth $27,000 after buying an additional 321 shares during the period. Skandinaviska Enskilda Banken AB publ raised its holdings in Ambarella by 68.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 452 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 184 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in Ambarella during the fourth quarter worth approximately $37,000. Sterling Capital Management LLC boosted its holdings in shares of Ambarella by 629.3% during the fourth quarter. Sterling Capital Management LLC now owns 598 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 516 shares during the period. Finally, Larson Financial Group LLC grew its position in shares of Ambarella by 6,014.3% in the third quarter. Larson Financial Group LLC now owns 856 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 842 shares during the last quarter. 82.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Ambarella news, VP Chi-Hong Ju sold 5,118 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $75.71, for a total transaction of $387,483.78. Following the transaction, the vice president now owns 158,686 shares of the company’s stock, valued at $12,014,117.06. The trade was a 3.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Leslie Kohn sold 1,757 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $75.41, for a total value of $132,495.37. Following the completion of the sale, the chief technology officer now directly owns 959,676 shares of the company’s stock, valued at approximately $72,369,167.16. The trade was a 0.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 24,583 shares of company stock valued at $1,853,918. 5.70% of the stock is owned by company insiders.

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.