At the time of writing, Ambarella Inc [AMBA] stock is trading at $71.55, down -1.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMBA shares have gain 16.72% over the last week, with a monthly amount glided 20.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ambarella Inc [NASDAQ: AMBA] stock has seen the most recent analyst activity on November 27, 2024, when Needham reiterated its Buy rating and also boosted its price target to $100 from $90. Previously, TD Cowen reaffirmed its Hold rating on August 28, 2024, and elevated its price target to $75. On January 03, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $65 on the stock. Northland Capital started tracking the stock assigning a Outperform rating and suggested a price target of $70 on September 18, 2023. Needham reiterated its recommendation of a Buy and reduced its price target to $90 on August 30, 2023. TD Cowen downgraded its rating to Market Perform for this stock on August 30, 2023, and downed its price target to $65. In a note dated May 31, 2023, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
For the past year, the stock price of Ambarella Inc fluctuated between $39.69 and $81.32. Currently, Wall Street analysts expect the stock to reach $122.38 within the next 12 months. Ambarella Inc [NASDAQ: AMBA] shares were valued at $71.55 at the most recent close of the market. An investor can expect a potential return of 71.04% based on the average AMBA price forecast.
Analyzing the AMBA fundamentals
According to Ambarella Inc [NASDAQ:AMBA], the company’s sales were 252.47M for trailing twelve months, which represents an 63.36% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -0.56%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.28 and Total Capital is -0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 70.39 points at the first support level, and at 69.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.32, and for the 2nd resistance point, it is at 75.10.
Ratios To Look Out For
It is important to note that Ambarella Inc [NASDAQ:AMBA] has a current ratio of 2.84. On the other hand, the Quick Ratio is 2.50, and the Cash Ratio is 1.19. Considering the valuation of this stock, the price to sales ratio is 11.55, the price to book ratio is 5.39.
Transactions by insiders
Recent insider trading involved Day Christopher, VP, Marketing, that happened on Oct 03 ’24 when 2904.0 shares were sold. Officer, Day Christopher completed a deal on Sep 30 ’24 to buy 2904.0 shares. Meanwhile, Director PAISLEY CHRISTOPHER B sold 500.0 shares on Sep 25 ’24.
