Ambarella Stock Buy or Sell? AMBA Stocks Analytic Forecasts
April 1, 2023 (05:02)
We present you the most up-to-date and complete review of analytical trend forecasts and views on the AMBA stock market. Experts share their opinions on what to expect from the Ambarella, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Ambarella stocks.
Ambarella, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy AMBA Shares?
The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of The Value Investor and is titled
“Ambarella: Taking Chips Off The Table”
is published on February 15 (2023) and has 1 likes. The review predicts Neutral market trend.
It summarize the following theses:
- Ambarella, Inc.’s shares have seen a decent recovery as of late.
- Ambarella underlying results remain lackluster amidst supply chain issues and waning demand, after encouraging trends in 2021.
- Beware of the potential, I fail to have conviction as the promise is not showing up in the Ambarella, Inc. results yet.
The author starts his analytic review with the following:
This author is very popular among the auditory. He has 23027 followers
The Value Investor is the contributor of experts community since 2011 and has a great number of published articles – 4974.
One more noteworthy article is written by Robert Castellano under the title
“Ambarella: AI Chip Technology In A Strong Electric Vehicle Environment”
on December 3 (2022) and has 8 likes. The expert reflects Neutral trend of the market.
Нis theses make you think about whether to add AMBA stocks to your investment portfolio or not, and helps to work out your own Ambarella stock selling strategies:
- Ambarella is being impacted by macro headwinds that have kept revenue flat.
- Its edge AI vision chip technology is gaining customers and design winds in a strong Electric Vehicle market.
- While Ambarella guided flat revenues for the next quarter, CY 2023 will see a ramp in EV-driven revenues as inventory corrections subside.
Robert Castellano starts analysis with such words:
Ambarella (NASDAQ:AMBA) reported FQ3 Non-GAAP EPS of $0.24, which beat by $.04. Revenue for the third quarter of fiscal 2023 was $83.1 million, down 10% from $92.2 million in the same period in fiscal 2022. For the nine months ended October 31, 2022, revenue was $254.3 million, up 5% from $241.6 million for the nine months ended October 31, 2021. FQ4 revenue is guided to be between $81.0 million and $85.0 million, vs consensus of $86.38 million.
Table 1 shows the company’s revenues by its two segments.
This author is very popular among the auditory. He has 14462 followers
Robert Castellano is the contributor of experts community since 2008. Has published at least 560 articles.
Another analysis presented by Stone Fox Capital came out on November 17 (2022). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for AMBA stocks. It sounds like
“Ambarella: Interesting On Dips”
Article has got 3 likes at the moment and forecasting Bullish trend of the market.
Summarizing the information presented in the review concerning the Ambarella, Inc., the expert says the following:
- Ambarella, Inc. has fallen 70%, but the valuation multiple isn’t crazy cheap yet.
- The computer vision chip company has a building backlog in the automotive sector, but Ambarella’s business is currently focused on security cameras with inventory problems.
- Ambarella stock would ideally be bought on further weakness, with the current 6.7x EV/S multiple slightly stretched.
And here, what comes first:
The chip sector is no longer loved by the market, making Ambarella, Inc. (NASDAQ:AMBA) more compelling after a long period of over-valuation. The computer vision chip company is in the midst of building up their automotive chip business, but struggles in other sectors has caused growth to stall. My investment thesis is slightly Bullish on the stock in the $60s, though Ambarella’s valuation still isn’t a screaming buy.
Back To Struggling
Ambarella only obtains about 25% of revenues from the automotive sector, with a further shift forecast in the years ahead. Unfortunately, the company is now being hit with oversupply in other key sectors such as security cameras.
This author is very popular among the auditory. He has 39555 followers.
Stone Fox Capital is the contributor of experts community since 2008 and has at least 4440 analytic reviews published.
The Share Price of Ambarella, Inc. (AMBA) for now
50/200 Day Moving Average: $86.53 / $74.94
The average stock price over the previous 50/200 days. For Ambarella stocks, the 50-day moving average is the resistance level for now. For AMBA stocks, the 200-day moving average is the resistance level today.
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