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Ambarella, Inc. Ordinary Shares | AMBA

Daily Technical Analysis of Ambarella, Inc. Ordinary Shares

Ambarella is down a bit on the day, funds flowing out kept the price down -2.79% since yesterday.

Ambarella doesn't seem to be at a very clear reversal point in either direction. Ambarella hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. AMBA might find some support at the 75.78 level, buyers might push the price back up from here. But it's not very clear what will happen.


Last analyzed on 2024-03-17

Analyst Ratings for Ambarella By Price Target And Rating

The analysts feel fairly neutral on the prospects for Ambarella but a little more positive than negative. The current Analysts Sentiment Score is 46.65. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Bank of America announced a lowering of their price target to $50.00 from $62.00 on 2024-04-16. Needham & Company LLC announced that they are reiterating a rating of Buy on 2024-02-28 and they set their price target at $90.00. Susquehanna boosted their price targ by 14.29% to $80.00 on 2024-02-28. Morgan Stanley gave a boost to their price target and moved to $73.00 from $67.00 on 2024-02-28. On 2024-01-03 Wells Fargo & Company downgraded Ambarella from Overweight to Equal Weight and dropped their 1 year price target to $65.00 which is down from $85.00. Rosenblatt Securities reiterated a rating of Buy on 2023-12-13 and added a price target of $85.00. On 2023-10-19 Stifel Nicolaus lowered their price target by -10.26% to $70.00. Northland Securities initiated a rating of Outperform on 2023-09-18 and added a price target of $70.00. Roth Mkm dropped their price target by -20% to $60.00 on 2023-08-30. On 2023-08-30 Craig Hallum lowered their price target by -15.79% to $80.00.

Company Ratings Score ?
Composite analyst sentiment score
Positive Ratings Negative Ratings Boost Price Target Lower Price Target
AMBA46.6590.67-38.09107.17-66.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-03)
Company YOY Growth Score (typical -20 to +20) Revision Directions (-6 to +6)
AMBA0.000.00

Short interest for Ambarella

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company Short Score (typical 1-15) ?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
Short Interest Days to Cover Rate of Change Shares Short
AMBA2.24%2.73321.8-1.1881090000

How Ambarella compares to the broader Technology sector and the more specific Semiconductors industry

Segment Count 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Analysts Ratings ?
Semiconductors

Show Me Companies With:

S-Momentum: Highest | Lowest
1 Day Growth: Highest | Lowest
5 Day Growth: Highest | Lowest
1 Month Growth: Highest | Lowest
6 Month Growth: Highest | Lowest
61-1.85-5.46-8.54-7.218.0918.7436.3426.0013.1519.40-14722.57-9321.264.103.695.1664.94
Technology

Show Me Companies With:

S-Momentum: Highest | Lowest
1 Day Growth: Highest | Lowest
5 Day Growth: Highest | Lowest
1 Month Growth: Highest | Lowest
6 Month Growth: Highest | Lowest
306-0.55-3.85-8.01-4.1410.3415.3343.4933.3418.9524.19-14888.65-12935.996.457.924.6847.10

Social Sentiment for Ambarella

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker Social Sentiment(1-10)
AMBA

Companies with the highest correlation to Ambarella

Company Score 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Score
MTSI | MACOM Technology Solution1.37-1.28-3.29-3.175.9321.5250.593810.4343.7948.64-2241.47-25098.99006.82579
ONTO | Onto Innovation Inc.1.32-2.37-3.52-2.947.0341.25123.1330129.88110.47165.43-1400.00-23368.33003.848
MPWR | Monolithic Power Systems,1.31-2.73-5.76-8.13-1.8534.5433.833497.7168.4978.75-2058.58-13825.77002.54012
LSCC | Lattice Semiconductor Cor1.25-2.18-8.12-13.12-0.22-8.46-25.43361.360.05-5.00-6985.31-2509.40007.46881
ICHR | Ichor Holdings1.24-1.62-3.390.21-1.4731.9134.551452.6728.2951.64-2493.23170.12004.62121
MXL | MaxLinear, Inc. Common St1.22-1.41-8.0710.04-13.45-5.28-35.4515-19.24-23.23-31.53-48488.34-966.38003.58389
PI | Impinj, Inc. Common Stock1.211.661.75-3.1319.74129.43-13.667283.3852.7519.44-1605.00-11687.16008.39347
ON | ON Semiconductor Corp1.19-2.39-5.57-16.96-16.26-29.76-18.1940-10.31-11.16-8.46-13481.27-1097.93004.89664

Top 3 correlating companies

See full charts for all peers

Sentiment Score

How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.

Earnings Estimates
Analyst Rating
Price Targets
Short Interest
Financials
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Institutional Ownership
Social Sentiment
Fidelity Summary
Overall Summary Notes
Calculated Sentiment Sum

Score Sum
(1-45)

/

Average
(1-5)

+

Pattern Rank
(1-5)

=

Total Score
(1-10)

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