Ambarella Inc (NASDAQ:AMBA) price on Friday, April 11, rose 0.94% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $44.03.
A look at the stock’s price movement, the close in the last trading session was $43.62, moving within a range at $42.53 and $44.38. The beta value (5-Year monthly) was 1.862. Turning to its 52-week performance, $85.15 and $38.86 were the 52-week high and 52-week low respectively. Overall, AMBA moved -15.65% over the past month.
Ambarella Inc’s market cap currently stands at around $1.87 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 84.01M for the company’s revenue for the quarter, with a low and high estimate of 83.97M and 84.12M respectively. The average forecast suggests up to a 54.23% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 333.53M, representing a 17.08% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AMBA is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 5 recommend AMBA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AMBA’s current price about -11.90% and -27.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.99, while 7-day volatility ratio is 12.72% and 6.44% in the 30-day chart. Further, Ambarella Inc (AMBA) has a beta value of 1.99, and an average true range (ATR) of 3.95. Analysts have given the company’s stock an average 52-week price target of $85, forecast between a low of $85 and high of $85. Looking at the price targets, the low is -93.05% off current price level while to achieve the yearly target high, price needs to move -93.05%. Nonetheless, investors will most likely welcome a -93.05% jump to $85 which is the analysts’ median price.
If we refocus on Ambarella Inc (NASDAQ:AMBA), historical trading data shows that trading volumes averaged 0.89 over the past 10 days and 860.82K over the past 3 months. The company’s latest data on shares outstanding shows there are 41.96 million shares.
The 6.14% of Ambarella Inc’s shares are in the hands of company insiders while institutional holders own 80.33% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.37 million on 2025-03-14, giving us a short ratio of 1.07. The data shows that as of 2025-03-14 short interest in Ambarella Inc (AMBA) stood at 385.0 of shares outstanding, with shares short falling to 1.88 million registered in 2025-02-14. Current price change has pushed the stock -39.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AMBA stock continues to rise going into the next quarter.
