Ambarella traded at $78.36 this Thursday July 2nd, decreasing $9.98 or 11.30 percent since the previous trading session. Looking back, over the last four weeks, Ambarella lost 6.18 percent. Over the last 12 months, its price rose by 16.40 percent. Looking ahead, we forecast Ambarella to be priced at 60.84 by the end of this quarter and at 57.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ambarella, Inc. is a developer of low-power system-on-a-chip (SoC) semiconductors and providing artificial intelligence (AI) processing, advanced image signal processing and high-resolution video compression. The Company is focused on creating AI technology that enables edge devices to visually perceive the environment and make decisions based on the data collected from cameras and, other types of sensors. Its CVflow-architecture supports a variety of computer vision algorithms, including object detection, classification and tracking, semantic and instance segmentation, image processing, stereo object detection, terrain mapping, and face recognition. The Company primarily serves human-viewing applications with video and image processors for enterprise, public infrastructure and home applications, such as Internet protocol, security cameras, sports cameras, wearables, aerial drones, and aftermarket automotive video recorders.