SEOUL, Korea and SANTA CLARA, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- LG Electronics (LG), a mobility sector technology leader, and Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced that LG will showcase its latest in-cabin solution, developed in partnership with Ambarella, during CES 2025. Ambarella worked in close cooperation with LG to integrate its CV25 AI system-on-chip (SoC) into LG’s Driver Monitoring System (DMS), which allows automotive OEMs to deliver safer vehicl ...

Ambarella TodayAMBAAmbarella$71.50 -0.05 (-0.07%) 52-Week Range$39.69▼$81.32Price Target$81.67Add to WatchlistIt has taken time for Ambarella NASDAQ: AMBA to gain traction, but its Q3 results prove it is. The shift from a pure-play computer vision company to an edge AI company focused on computer vision is instrumental to the company's traction and provides a vehicle for growth long into the future. The Q3 results are company-specific due to its leadership position in computer vision/AI technology but also ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end November, consider joining Out Fox The Street .Ambarella, Inc. (NASDAQ: AMBA ) remains one of the most volatile chip companies due to the constant riding of the waves of the last hot product market. The company is now seeing an upside from AI edge demand, but theMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential m ...

Ambarella (AMBA 4.44%) stock soared nearly 19% Wednesday morning after reporting a strong earnings beat last night. The stock has since given back about half its gains, but as of 11:20 a.m. ET is still up 7.7%.Analysts had forecast Ambarella to earn $0.04 per share on $79 million in sales. In fact, the company reported Q3 earnings of $0.11 per share, and sales of $82.6 million. Adding to the good news, Ambarella raised guidance for Q4 sales. Ambarella Q3 earnings reflect AI gainsOnce upon a time, Ambarella ...

Ambarella (AMBA) reported third-quarter fiscal 2025 non-GAAP earnings of 11 cents per share, which surpassed the Zacks Consensus Estimate of 4 cents. The bottom line also experienced a robust improvement from the year-ago quarter’s loss of 28 cents per share.Ambarella’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 63.2%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Ambarella’s third-quarter revenues soared 63% year ove ...

Ambarella Inc (NASDAQ:AMBA) stock is gapping to 52-week highs, up 15.4% at $78.96 at last glance, after the semiconductor name's better-than-expected third-quarter results and current-quarter revenue forecast. CEO Fermi Wang attributed the success to strong sales from its Edge AI product, which he said represents roughly 70% of the company's total top line. Plus, a flood of analysts lifted their price targets on AMBA after the event. Should this positive price action hold, Ambarella stock will notch its bes ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Financial Data and Key Metrics Changes - Revenue for Q3 fiscal year 2025 was $82.7 million, up 30% sequentially and up 63% year-over-year, exceeding guidance [24][28] - Non-GAAP gross margin for Q3 was 62.6%, at the low end of prior guidance due to product mix [25] - Non-GAAP net profit for Q3 was $4.5 million, or $0.11 per diluted share [25] Business Line Data and Key Metrics Changes - Both automotive and IoT businesses saw a sequential revenue increase of about 30% [8] - AI revenue reached a record level, contributing to a higher blended average selling price [8] - The automotive business is projected to grow to approximately $80 million this year, with a five-year compounded annual growth rate in the mid-teens [10][12] Market Data and Key Metrics Changes - The automotive revenue funnel is approximately $2.2 billion, down from $2.4 billion a year ago, with significant volatility due to project delays and cancellations [12][73] - Approximately 15% of the pipeline is from China, with a fair distribution across other regions [50][56] Company Strategy and Development Direction - The company is focused on new product momentum, particularly with the CV5 and upcoming CV7, to drive revenue growth [9][21] - The strategic plan aligns with the growth of AI training and inference capacity in data centers, indicating a strong market opportunity for edge AI processing [21] - The company aims for a long-term non-GAAP operating margin target of 30% [22] Management's Comments on Operating Environment and Future Outlook - Management noted that the global automotive industry is under pressure, but they remain optimistic about growth in the automotive sector [10][11] - The company expects fiscal Q4 revenue to be in the range of $76 million to $80 million, with a normal seasonal decline anticipated [28] - Management highlighted the importance of addressing customer pain points related to software development and cost in the automotive sector [47][48] Other Important Information - The company has shipped over 25 million edge AI SoCs cumulatively, establishing a strong position in AI computer vision [20] - The first 2-nanometer chip is expected to tape out in Q4 next year, targeting IoT and enterprise applications [65] Q&A Session Summary Question: What changed in the recent results? - Management indicated that Q3 results rebounded from inventory correction, with growth driven by new product adoption and customer activity [33] Question: How does the automotive pipeline look? - The automotive pipeline has decreased year-over-year due to project delays and cancellations, but management remains optimistic about the CV3 domain controller opportunity [36][37] Question: What is the mix between CV2 and CV5? - AI revenue was approximately 70% in Q3, with CV5 expected to ship over 1 million units this year [40] Question: How is the geographic distribution of the automotive pipeline? - The pipeline is fairly distributed, with only 15% from China, and a higher percentage from Europe [50][56] Question: What is the competitive landscape for automotive design wins? - The competitive landscape includes major players like NVIDIA, Qualcomm, and Mobileye, with partnerships with Tier 1 suppliers like Conti and Bosch being crucial [78] Question: What is the impact of geopolitical risks? - Management believes that while geopolitical risks exist, they do not pose a significant threat specifically to the company [56] Question: What is the outlook for gross margins? - Management expects gross margins to be at the low end of the long-term model due to competition but remains optimistic about maintaining current levels [84]

Tuesday, November 26, 2024Markets needed to fight off some early morning doldrums, closing in the green for three of the four major indexes today. The Dow and the S&P 500 both registered new all-time closes today, +0.28% and +0.57%, respectively. The Nasdaq grew by +0.63% while the small-cap Russell 2000 slid -0.73% on the session.We saw Case-Shiller home prices come down unexpectedly for September to +4.6% in the 20-city survey. New York City reported the highest home price change for the month at +7.5%, f ...

Ambarella (AMBA) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 175%. A quarter ago, it was expected that this video-compression chipmaker would post a loss of $0.19 per share when it actually produced a loss of $0.13, delivering a surprise of 31.58%.Over the last four quarters, the comp ...