|Bid||48.40 x 1200|
|Ask||48.89 x 900|
|Day's Range||47.62 - 49.34|
|52 Week Range||30.00 - 55.50|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 3, 2019 - Jun 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||46.78|
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the righ...
Platform combines Ambarella’s CVflow® computer vision system-on-chip with OFilm AI-based parking software
Ambarella's (AMBA) S6LM camera features high dynamic range, low light processing technology, cyber security features and other capabilities, which enable very low power operation.
New 10nm S6LM SoC combines advanced image processing, low power consumption, and cyber-security protection
SANTA CLARA, Calif., April 03, 2019 -- Ambarella, Inc. (NASDAQ: AMBA), a leading developer of low-power and high-resolution human and computer vision solutions, today.
Ambarella Inc NASDAQ/NGS:AMBAView full report here! Summary * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderately high for AMBA with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AMBA had net inflows of $1.13 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
It's been a difficult few years for Ambarella (NASDAQ:AMBA). AMBA stock was one of 2015's biggest success stories. Between 2013 and 2015, AMBA stock went practically straight up, jumping from $15 to as much as $125.AMBA stock rode a huge wave of interest in action cameras. Every one of GoPro's (NASDAQ:GPRO) milestones sparked more interest in its key chip supplier, Ambarella. As we know, however, GoPro's boom went to bust as cheaper competition flooded the market, and Ambarella stock plunged in sympathy.Now, almost four years later, AMBA stock trades at just a third of the value that it had during that shining moment in 2015. AMBA hasn't given up, by any means. However, the transition from being a consumer-products play to a broader computer-vision stock has been messy, to say the least. Will Ambarella and Ambarella stock be able to get back on track in coming quarters?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Elite 8 Stocks to Buy for Massive Outperformance Declining Consumer RevenuesAs Ambarella CEO Fermi Wang pus it, the company needs to transform "from a pure video processing company to a computer vision company." It's not hard to see why Dr. Wang views this as a top priority. Just look at the company's holiday-quarter results.In its quarter that ended on Jan. 31, total revenues plunged nearly 30% year-over-year from $71 million to just $51 million. In fiscal 2018, revenues declined an equally jarring 23%. The company refers to its consumer-electronics business as "legacy," but unfortunately, the sector's revenues still make up a huge portion of the company's overall sales.Ambarella's sales of chips for next-gen products such as automotive cameras rose at a single-digit percentage rate, which didn't nearly offset the fall in the sales of chips used in drones, action cameras, security monitoring and other such relatively well-established consumer products.AMBA's guidance was also lousy, as the company predicted that its chips for consumer products would keep slumping, while its automotive business' revenue would be roughly flat . Even its chips for security products are poised to struggle in Q1, due to soft Chinese demand.As we saw with GoPro, Fitbit (NYSE:FIT) and numerous others, it's a challenge for hardware companies to maintain their leading market share. Unless you have a fantastic brand, cheaper knockoffs will take most of the market share. And, by and large, while Ambarella may have the best chips, "good enough" alternatives from competing companies are often used by the makers of cheaper products. That's why Ambarella's push into computer vision is so important. AMBA Stock: What Could Turn the TideAMBA spends about $30 million dollars per quarter, well over $100 million annually, on R&D. That's a very impressive sum, amounting to over a third of revenues and almost 10% of the market cap of AMBA stock annually.That sort of spending is necessary to stay ahead of the competition and develop next-generation products. AMBA is clearly making an all-out effort to build new product lines as its revenues from consumer-products makers fade.Ambarella is targeting two particularly promising markets. One of these is cameras that enable cars to "see;" those are necessary for any sort of self-driving vehicle. Although Ambarella already sells many chips for dash cams, chips for self-driving cars' cameras would be a much broader addressable market. Additionally, AMBA has launched various initiatives in the still-formative-but-potentially-huge- Internet-of-Things space.On top of that, Ambarella has a pristine balance sheet. The company has more than $10 per share in cash and almost no meaningful liabilities. That gives the company a ton of time to develop its new product lines. While the company is not profitable at the moment, it is not facing a cash crunch either. AMBA Stock: Other HeadwindsNot all the news is positive for Ambarella stock, though. One big risk posed by AMBA stock is that AMBA can be meaningfully hurt by a trade war. In FY18, AMBA earned nearly 80% of its revenue from Asia, though that includes a lot of sales to countries other than China.Still, as GoPro has accounted for a lower portion of Ambarella's sales, China is picking up the slack. GoPro only accounted for 12% of AMBA's revenues as of its last 10-K, and that suggests a good deal of its revenue will be vulnerable if the tariff battles continue. Additionally, 72% of Ambarella's workforce is located in Asia, and most of those employees are based in Taiwan and China.Switching gears, while the company has a fantastic balance sheet, its operating results have been rather disappointing. There is no getting around the fact that AMBA is no longer profitable and is struggling to even generate positive EBITDA. With its revenues from consumer-product makers set to fall for at least the next two to three years and no clear sign of when other revenue streams will pick up the pace, AMBA stock could be dead money for quite awhile. The Verdict on Ambarella StockAmbarella has a smart management team that has delivered in the past. Anyone who bought AMBA stock during its IPO is still up big, despite the disappointing performance of Ambarella stock in recent years. With a strong balance sheet and plenty of innovative R&D under way, Ambarella certainly has a good chance of turning things around.But that doesn't mean that Ambarella stock is guaranteed to do much of anything in 2019. It seems likely that the company's revenues will fall further this year and that it will continue posting losses.Until the company shows stabilization, let alone returns to generating growth and profits, it's hard to imagine that AMBA stock will rise much. AMBA is setting up to be a 2020 story, so there's no need to rush out to buy Ambarella stock today.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post Ambarella Stock Isn't Going Anywhere Until 2020 appeared first on InvestorPlace.
NEW YORK, March 28, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
[Editor's note: This story was previously published in November 2018. It has since been updated and republished.] When Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) started to give the public a glimpse of its developments in self-driving cars, the idea seemed out of this world. Alphabet's unit, Waymo, which stands for new way forward in mobility, is leading the way when it comes to the self-driving car trend.But since the search-engine giant derives much of its revenue from advertising, some investors might be more interested in stocks to invest in that are closer to being pure-plays in the space.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks That May Be Hurt by This Year's Big IPOs With that said, here are five stocks to buy that will play a key role in the future of self-driving cars. Some are similar to Alphabet, as not every stock on this list is a "pure" autonomous vehicle play, but each will undoubtedly be at the forefront of this rapidly growing trend in the months and years ahead. Tesla (TSLA)The first name on this list of stocks to invest in the trend of self-driving cars, Tesla (NASDAQ:TSLA), is one of the purest plays in the space. After all, TSLA's development in autonomous driving is as impressive as the lead it has in the electronic vehicle market.On Nov. 27, the company's CEO, Elon Musk, took to the wheel when the company announced Version 9 software updates. The most notable feature was Navigate on Autopilot.Navigate on Autopilot builds on the original Autopilot but does more: the car now suggests lane changes and, with driver supervision, it makes the lane changes. It also navigates highway interchanges and takes on-ramp/off-ramps as well as exits the highway.This technology is powered by a neural network, so the more data it gets, the better the code becomes and the less buggy Navigate on Autopilot gets.Tesla clearly offers the most advanced driver assist system on the market and the software will only get better as the company pushes out over the air (OTA) upgrades.TSLA stock does not come cheap: shares trade for 30 times analysts' consensus 2019 profit estimate. Debt-to-equity is 219 times, but the market's confidence in Elon Musk should not hinder a money raise, should Tesla need it. Ambarella (AMBA)Ambarella (NASDAQ:AMBA), whose past growth rates came from supplying camera chip technology to GoPro (NASDAQ:GPRO), reinvented itself by developing computer vision (CV1, CV2) chips for the ADAS market. However, the transition to the market of self-driving cars has not been without hiccups. In 2018, Ambarella's overall revenue dropped meaningfully year-over-year, and it's expected to do the same this year.The firm needs to spend its efforts on computer vision applications in the IP security, automotive and robotics AI markets. In the OEM automotive market, customers want a flexible solution that adds value. Since legacy automotive chips are vastly inferior -- unable to meet processing performance requirements, consuming more power than the desired limits and exceeding thermal constraints for camera -- Ambarella may have a moat.Ambarella's front-camera ADAS solution is a leading Tier 1 chip that it just introduced.in late January. In the Level 2 to Level 5 autonomous vehicle categories, the company offers a flexible open perception platform. * 15 Stocks That May Be Hurt by This Year's Big IPOs Nvidia (NVDA)When investors look at the stock charts for Nvidia (NASDAQ:NVDA), the first thing they'll notice is the drop in the NVDA stock price from over $280 down to around $170 as of Friday afternoon. The company's main business, GPUs for PCs, has weakened.Looking beyond the PC GPU market, Nvidia's strength in automotive suggests this company is poised to grow along with the self-driving car trend. In 2018,the company's revenue from automotive hit record levels.Autonomous vehicle production and development engagement are growing. Nvidia's next-generation AI-based cockpit infotainment systems should assure its growth rates hold in the automotive space.At GTC Europe, Nvidia announced that Volvo would include Nvidia's Drive AGX Xavier solution early in the 2020's. The solution will deliver on Level 2+ assisted driving. This is made possible by the integration of 360-degree surround perception and a driver monitoring system. General Motors (GM)Looking within the automotive sector, General Motors' (NYSE:GM) mass layoff announcement on Nov. 26 changed the strategic direction of the company.Even though traditional auto parts suppliers will suffer, as will GM staff getting let go, development for GM's self-driving car unit will probably accelerate. GM's Orion, Michigan plant will manufacture autonomous vehicles once they are mass-produced. The plant is a natural location for self-driving car production because it already manufactures electric vehicles.GM is making a big commitment to the self-driving trend. Between May 2018 and October 2018, GM and its self-driving car unit, Cruise, attracted $5 billion in investments. This amount pushed GM ahead of Alphabet's Waymo, Uber and Lyft. * 15 Stocks That May Be Hurt by This Year's Big IPOs GM's restructuring could distract the company from its self-driving car development. Glitches in the driverless cars could also delay the company from releasing it on the market. But if management recognizes the resources it needs to push the technology's development, GM has a chance of succeeding in the ADAS space. Aptiv (APTV)Aptiv PLC (NYSE:APTV) has earned a number of customer awards that recognized the firm's innovations in advanced safety, electrification and connectivity.It won a business award for its six highly scalable Level 2+ ADAS systems with a major North American OEM. The auto parts supplier is pivoting its business toward software, compute and integration solutions. This transition is playing out because Aptiv is booking new business.Aptiv, through its Mobility and Services Group, makes automated driving software. Its development in high-speed central compute platforms give the company a competitive edge. This fits nicely with its goal of having more automated and connected vehicle content.Given APTV's forward price-earnings ratio of 13.5, markets appear to have ignored this firm's growth potential in self-driving cars.If investors look beyond the macro challenges for APTV stock and put a valuation on the technology portion of the business, Aptiv is undervalued.As of this writing, Chris Lau did not own shares in any of the aforementioned securities, but was considering buying Aptiv in the next 72 hours. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post The 5 Best Stocks to Invest in Self-Driving Cars appeared first on InvestorPlace.
Every investor in Ambarella, Inc. (NASDAQ:AMBA) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decreaseRead More...
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he would sell Centurylink Inc (NYSE: CTL ). Everything in the life sciences sector is a buy, said Cramer. He is a buyer of Fluidigm Corporation ...
Intelligent, high-definition cameras will power the next generation of vehicles, surveillance and logistics systems. The growth of the surveillance and flamboyance state fueled triple-digit earnings gains. Ambarella's innovative video compression was best in class.
The video-processing chip leader just ended its fiscal year on a high note. But it's much more excited for the year ahead.
Check out the companies making headlines midday Wednesday:General Electric GE — Shares of the global industrial company fell 7.9 percent Wednesday, adding to Tuesday's losses after issuing a gloomy outlook in 2019.
Shares of Ambarella Inc. are up 8% in morning trading Wednesday after the company posted a sizable earnings beat and delivered revenue that was slightly ahead of the consensus view. The latest report represented "slow and steady progress" that overshadowed some of Ambarella's issues around macroeconomic visibility and China uncertainty, according to Cowen & Co. analyst Matthew Ramsey. "Near-term outlook was expectedly softer given well known macro uncertainties plus soft demand out of China on trade concerns at key customers," he wrote. "Longer-term, we remain enthusiastic about the differentiated proprietary low-power computer vision [intellectual property] and long-term auto/security potential unrelated to near-term macro bobbles." He rates the stock at outperform with a $54 target. Shares have risen 11% over the past three months, as the S&P 500 has gained 3.2%.