Commodity Channel Index
Previous Close | 79.29 |
Open | 79.82 |
Bid | 79.96 x 800 |
Ask | 80.19 x 800 |
Day's Range | 79.74 - 82.32 |
52 Week Range | 49.02 - 99.86 |
Volume | |
Avg. Volume | 543,065 |
Market Cap | 3.157B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.44 |
Earnings Date | Aug 28, 2023 - Sep 01, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 91.54 |
AI stocks are on a tear, but the excitement around the transformational technology hasn't extended to Ambarella (NASDAQ: AMBA). The semiconductor company specializes in computer vision chips used in video security, robotics, and advanced driver assistance applications. Investors are excited about AI, but Ambarella isn't getting any love.
Mobileye (NASDAQ: MBLY) and Ambarella (NASDAQ: AMBA) represent two ways to invest in the growing automotive chip market. Mobileye is the world's top producer of advanced driver assistance systems (ADAS), which leverage a combination of cameras and sensors to provide semi-autonomous and autonomous driving features. Ambarella is a leading producer of image processing system on chips (SoCs), which process photos and videos for cameras, drones, and other devices.
Computer-vision chipmaker Ambarella edged above Wall Street's targets for its fiscal first quarter but disappointed with its outlook.
Analysts had forecast Ambarella would report a $0.21-per-share (adjusted) loss on sales of $62 million. As it turned out, Ambarella lost only $0.15 per share, and sales beat expectations, coming in at $62.1 million. Ambarella may have beaten expectations for sales in its fiscal Q1 -- but those sales were still abysmal.
The stock market has been on a roll lately, but it appeared Wednesday morning that investors would have to deal with at least a brief pause in the uptrend. Futures contracts on major market benchmarks were all down roughly half a percent in premarket trading, as market participants tried to weigh various impacts of a potential debt ceiling resolution as well as other macroeconomic factors. Investors have had a close eye on artificial intelligence (AI) stocks, largely because many of them have been performing extremely well lately.
Customer inventory reduction actions negatively impact Ambarella's (AMBA) first-quarter fiscal 2024 performance.
STOCKSTOWATCHTODAY BLOG Dell and Oracle stocks were falling early on Wednesday, dragged down by disappointing results from HP after the bell on Tuesday. Dell (ticker: DELL) was down 1.8% in premarket trading and Oracle (ORCL) slipped 0.
Thank you for standing by and welcome to Ambarella's first quarter fiscal year 2024 earnings conference call. On the call with me today is Dr. Fermi Wang, president and CEO; and Brian White, CFO. The discussion today and the responses to your questions will contain forward-looking statements regarding our projected financial results, financial prospects, market growth, and demand for our solutions, among other things.
Ambarella (AMBA) delivered earnings and revenue surprises of 25% and 0.03%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
SANTA CLARA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its first quarter of fiscal year 2024 ended April 30, 2023. Revenue for the first quarter of fiscal 2024 was $62.1 million, down 31% from $90.3 million in the same period in fiscal 2023.Gross margin under U.S. generally accepted accounting principles (GAAP) for the first quarter of fiscal 2024 was 60.4%, compared with 62.6% for the same per
Investing.com - U.S. stock futures were trading within a tight range during Tuesday's evening trade, as market participants weighed the likelihood of U.S. Congress passing a debt deal ahead of a vote on the legislation as early as Wednesday.
Ambarella (AMBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Broadcom Inc. (AVGO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
With a price-to-sales (or "P/S") ratio of 7.7x Ambarella, Inc. ( NASDAQ:AMBA ) may be sending very bearish signals at...
While artificial intelligence is all the rage these days, investors may want to consider the best niche AI stocks to buy now. On the surface, Grand View Research reports that the global AI market size reached a valuation of $136.55 billion last year. Further, analysts project that the segment will expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030, culminating in sector revenue of $1.81 trillion. However, AI comes in various forms. And it’s only the rare enterprise that ca
SANTA CLARA, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its first quarter fiscal year 2024 earnings conference call on Tuesday, May 30th at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance. Once registered, the dial-in numbers will be provided with a per
While Ambarella, Inc. ( NASDAQ:AMBA ) might not be the most widely known stock at the moment, it saw significant share...
In this article, we will take a look at the 10 best semiconductor equipment stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Semiconductor Equipment Stocks to Buy. “This Is Probably The First Year Of What Could Be A 5 Or 10 Year Investment […]
Sono-Tek Corporation (SOTK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Neusoft Reach’s Front ADAS Smart Camera is Based on Ambarella's CV22 AI Vision System-on-Chip The third generation of Neusoft Reach’s X-Cube 3.0 front view smart camera is based on Ambarella’s CV22 AI vision system-on-chip (SoC), which runs the camera’s L2 AI perception algorithm. SANTA CLARA, Calif. and SHANGHAI, China, April 11, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, and Neusoft Reach Automotive Technology (Shanghai) Co., a subsidiary of Neus
With artificial intelligence rapidly becoming a hot topic, investors ought to consider AI stocks to buy. According to Grand View Research, the global AI market size reached a valuation of $136.55 billion last year. Experts there project that the segment will expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030. At the culmination of the forecasted period, the industry should hit $1.81 trillion in sales. However, like any other sector, investors can choose to dial up their ri
It might be of some concern to shareholders to see the Ambarella, Inc. ( NASDAQ:AMBA ) share price down 12% in the last...
Ambarella (AMBA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CV72S SoC Increases On-Camera Intelligence Via New CVflow® 3.0 Architecture, Radar Sensor Fusion, Color Night Vision and Better HDR for Single, Fisheye and Multi Imagers Ambarella's New CV72S 4K, 5nm Edge AI SoC for Mainstream Security Cameras CV72S SoC Increases On-Camera Intelligence Via New CVflow® 3.0 Architecture, Radar Sensor Fusion, Color Night Vision and Better HDR for Single, Fisheye and Multi Imagers SANTA CLARA, Calif., March 21, 2023 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA)