Ambarella, Inc. (NASDAQ:AMBA) most recently reported quarterly actual earnings per share of $0.25 for the period ending on 2016-07-31. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.16. The difference between the estimate and the actual EPS was $0.09 creating a surprise factor of 56.25%. Currently, the company has an impact score of 83. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $75 on the shares. The most bullish brokerage firm has a $86 target, while the most bearish sees the stock headed towards $50. This is according to the 6 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.94. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 6 recommendations taking into account in order to arrive at this number. Of the 6, 4 have a Strong Buy rating and 1 are rating it a Buy.
Ambarella, Inc. is a developer of semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Company combine its processor design capabilities with its video and image processing, algorithms and software to provide a technology platform. It sells solutions into the camera and infrastructure markets, with approximately 27 million system-on-a-chips (SoCs) shipped since our inception. In the camera market, its solutions enable the creation of video content for wearable sports cameras, automotive aftermarket cameras, Internet Protocol (IP), security cameras, digital still cameras (DSCs), telepresence cameras, camcorders and pocket video cameras. In the infrastructure market, its solutions manage IP video traffic, broadcast encoding and IP video delivery applications. In 2012, the Company released its Wireless Camera Developers Kit. In 2012, it also launched S2 SoC, which enables Ultra High-Definition IP security cameras.
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