Ambarella Inc (NASDAQ:AMBA) price on Friday, May 02, rose 4.71% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $50.43.
A look at the stock’s price movement, the close in the last trading session was $48.16, moving within a range at $49.3 and $50.635. 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 -1.87% over the past month.
Ambarella Inc’s market cap currently stands at around $2.14 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AMBA is a 50% Sell. On the other hand, the stock is on average a 100% 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 12.46% and -2.91% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.01, while 7-day volatility ratio is 3.60% and 6.80% in the 30-day chart. Further, Ambarella Inc (AMBA) has a beta value of 1.99, and an average true range (ATR) of 2.88. 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 -68.55% off current price level while to achieve the yearly target high, price needs to move -68.55%. Nonetheless, investors will most likely welcome a -68.55% 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 0.71 over the past 10 days and 867.51K 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 80.96% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.35 million on 2025-04-15, giving us a short ratio of 1.84. The data shows that as of 2025-04-15 short interest in Ambarella Inc (AMBA) stood at 373.0 of shares outstanding, with shares short falling to 1.37 million registered in 2025-03-14. Current price change has pushed the stock -30.67% 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.
