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AMBA

AMBA day trade earningsAMBA's direction is confused right now, it has gaped up after positive earnings reports. I would keep a non-biased approach to it depending on how it goes premarket and at the market open, if it fades i would go short to fill the gap 44.07 until 40.55. If it goes further up could go long (depending on market direction) until the trendlines indicated in the drawing. Main thing is good volume, at least 500,000 shares trades in the first 5 minutes of market open.
NASDAQ:AMBA
by swara7kadir
AMBA - High Def SCAMBA: The simple answer...Ambarella, Inc. offers semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. Love this long run on sentence and now you know why the dip. Await smart driving cars for growth as likely booster. The company's system-on-a-chip designs integrated HD video processing, image processing, computer vision functionality, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its solutions enable the creation of video content for wearable cameras, automotive cameras, and professional and consumer Internet Protocol (IP) security cameras, as well as cameras incorporated into unmanned aerial vehicles in the camera market; and manage IP video traffic, broadcast encoding and transcoding, and IP video delivery applications in the infrastructure market. Small cap 1.4B Mkt Value Ambarella is beaten up currently with negative ROI, lower revenue growth and earnings. It is below it's normal resistance line, but ROI not ready to put in quarters. Still looking at Jukebox for play options. If you like smart car tech semiconductor, this will drive it's growth. Its system-on-a-chip design offers acquisition mindset for GOOG, APPL, etc. as other play. $38 bargain risky. For own use. Viewers come to own investment opines/sententia.
NASDAQ:AMBA
by Pokethebear
AMBA short at low eps estimatesBattleground: Morgan sticks by Ambarella after guidance cut, two downgrades The shares of Ambarella (AMBA) are tumbling after the chip maker reported stronger than expected quarterly results but cut its guidance. Two research firms, Craig-Hallum and Roth Capital, downgraded the stock on the heels of the report, but Morgan Stanley remained upbeat on the company's outlook in providing technology for computer vision applications. RESULTS: Ambarella, which develops chips used in video systems, reported second quarter earnings per share of 48c, versus the consensus outlook of 44c. Ambarella's revenue came in slightly higher than expected. However, it now expects its full-year topline total to fall 3%-7%, versus its previous guidance for it to come in between a decline of 3% and an increase of 3%. The company said it expects its revenue from the drone market to fall for the rest of the year. DOWNGRADES: Craig-Hallum analyst Richard Shannon cut his rating on the stock to Hold from Buy. The company reported "solid" results and guidance, driven by strength in its security and auto markets, though it is facing "headwinds" in the drone market that "will likely take a few quarters to improve," the analyst stated. Moreover, the company is increasing its investment in computer vision chips and the outlook for the sales of such chips is uncertain, Shannon said. He noted that the company believes that strong demand for the low-cost DJI Spark drone, which does not utilize Ambarella's chips, could be negatively impacting the sales of higher cost drones that do incorporate its products. The analyst does not expect Ambarella's revenue from drones to rebound quickly and he thinks the shares could remain "in a range for some time." He slashed his price target on the stock to $50 from $68. Roth's Suji Desilva cut the rating on Ambarella to Neutral from Buy. The analyst expects the company to continue to benefit from growth in its sports wearable, security and auto markets. However, the prospects for its drone market are particularly uncertain, the analyst stated. Desilva said that he "would wait for increasing stability in core demand markets" and increased visibility in demand for Ambarella's computer vision products before becoming more bullish on the stock. He cut his price target on the shares to $50 from $65. MORE BULLISH MORGAN STANLEY: Analyst Joseph Moore significantly lowered his fourth quarter and 2018 estimates for Ambarella. However, the analyst said he was encouraged by the company's comments on its computer vision products. He noted that Ambarella plans to provide samples of the products to its customers next quarter. Although Moore doesn't expect Ambarella to obtain revenue from the products until late next year, he thinks that investors could become enthusiastic about them "given the importance of machine vision," and he believes that a successful launch of the products could boost the stock. Moore lowered his price target on Ambarella to $60 from $65 but keeps an Overweight rating on the shares. PRICE ACTION: In morning trading, Ambarella sank 20% to $43.42. GoPro (GPRO), a prominent customer of Ambarella's chips, is flat at $9.21 per share, off its earlier session highs.
NASDAQ:AMBAShort
by StrattonOakmontResearch
Potential 9th distribution day on the S&P 500Volume is already tracking higher on the S&P 500 and if the price action remains where it is now around 2150, we'll definitely be looking at a 9th distribution day. To top it off, we will also have a distribution cluster which is 4 or more distribution days over a rolling 10 day period. The indicator below the chart displays the distribution day count over time. As the count has climbed higher of late, note how the price action has also gotten more wide and loose. If you're long, this isn't what you want to see. All that said, our individual positions guide us into or out of the market. There are still plenty of names setting up, breaking out, and running. Of late we have seen TWLO, AMBA, and PI just to name a few that have had strong breakouts and gone on to make some quick gains.
FX:SPX500
by MichaelGLamothe
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