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AMBAAmbarella, Inc.Hold5.6·$61.92-2.16%
HoldModerate Confidence
Investment thesis

Ambarella shows 16% upside to the analyst-based price target with a 2.3-to-1 risk/reward ratio, but extreme single-distributor concentration at 70% of revenues and a business quality score below the minimum threshold create risks that outweigh the apparent setup attractiveness — existing positions warrant exit rather than addition.

Thesis pillars

  • Severe Customer ConcentrationDeteriorating
  • Quality Below Minimum ThresholdDeteriorating
  • Price Below Trend LineDeteriorating
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Ambarella, Inc. (AMBA) Stock Analysis

HoldVALUE-TRAP 2/5GrowthModerate Confidence

Technology · Semiconductor Equipment & Materials

Hold if already holding. Not a fresh buy at $61.92, but acceptable to hold if already in. Reasons: Concentration risk — Customer: WT Microelectronics (70.0%); Concentration risk — Customer: top 10 end customers (67.0%).

Ambarella designs low-power AI SoCs for edge applications including security cameras, automotive ADAS, and robotics, targeting IoT and automotive end markets with its third-generation CVflow architecture on 4 nm and 5 nm process nodes. The company sells through ODMs and OEMs,... Read more

$61.92+33.7% A.UpsideScore 5.6/10#14 of 25 Semiconductor Equipment & Materials
QualityF-score8 / 9FCF yield1.75%
Stop $57.57Target $82.65(analyst − 13%)A.R:R 2.2:1
Analyst target$95.00+53.4%11 analysts
$82.65our TP
$61.92price
$95.00mean
$120

Hold if already holding. Not a fresh buy at $61.92, but acceptable to hold if already in. Reasons: Concentration risk — Customer: WT Microelectronics (70.0%); Concentration risk — Customer: top 10 end customers (67.0%). Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. Score 5.6/10, moderate confidence.

Passes 6/8 gates (favorable risk/reward ratio, no SEC red flags, news events none recent, earnings proximity 39d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-20
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 27, 202639d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Strong growth profile
Analyst upside: 34%
Risks
Concentration risk — Customer: WT Microelectronics (70.0%)
Concentration risk — Customer: top 10 end customers (67.0%)
Negative momentum

Key Metrics

P/E (TTM)
P/E (Fwd)53.9
Mkt Cap$2.7B
EV/EBITDA-39.0
Profit Mgn-17.2%
ROE-11.8%
Rev Growth16.9%
Beta2.11
DividendNone
Rating analysts20

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C6.67bearish
IV105%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomerWT Microelectronics70%
    10-K Item 1A: 'the customer representing 10% or more of our revenue was WT Microelectronics Co., Ltd., or WT...accounted for approximately 70% of total revenue'
  • HIGHCustomertop 10 end customers67%
    10-K Item 1A: 'revenue from our top 10 end customers...accounted for approximately 67% of our total revenue in fiscal year 2026'
  • HIGHGeographicHong Kong warehouse
    10-K Item 1A: 'We operate a warehouse facility in Hong Kong through which the substantial majority of our finished SoCs are shipped to customers'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
1.0
Volume
3.1
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA, MA slope -1.8%/30d — confirmed downtrend
GatesMomentum 1.9<4.5INSIDER 0.28%=MODERATEA.R:R 2.2 ≥ 1.5No SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 39d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
50 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $59.35Resistance $94.00

Price Targets

$58
$83
A.Upside+33.7%
A.R:R2.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 1.9 (below the engine's 4.5 threshold)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-27 (39d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AMBA stock a buy right now?

Hold if already holding. Not a fresh buy at $61.92, but acceptable to hold if already in. Reasons: Concentration risk — Customer: WT Microelectronics (70.0%); Concentration risk — Customer: top 10 end customers (67.0%). Chart setup: No clear chart pattern; technical signals are mixed. Mixed signals. Hold existing position. Target $82.65 (+33.5%), stop $57.57 (−7.6%), A.R:R 2.2:1. Score 5.6/10, moderate confidence.

What is the AMBA stock price target?

Take-profit target: $82.65 (+33.7% upside). Target $82.65 (+33.5%), stop $57.57 (−7.6%), A.R:R 2.2:1. Stop-loss: $57.57.

What are the risks of investing in AMBA?

Concentration risk — Customer: WT Microelectronics (70.0%); Concentration risk — Customer: top 10 end customers (67.0%); Negative momentum.

Is AMBA overvalued or undervalued?

Ambarella, Inc. trades at a P/E of N/A (forward 53.9). TrendMatrix value score: 6.5/10. Verdict: Hold.

What do analysts say about AMBA?

20 analysts cover AMBA with a consensus score of 3.8/5. Average price target: $95.

What does Ambarella, Inc. do?Ambarella designs low-power AI SoCs for edge applications including security cameras, automotive ADAS, and robotics,...

Ambarella designs low-power AI SoCs for edge applications including security cameras, automotive ADAS, and robotics, targeting IoT and automotive end markets with its third-generation CVflow architecture on 4 nm and 5 nm process nodes. The company sells through ODMs and OEMs, with distributor WT Microelectronics representing approximately 70% of fiscal year 2026 total revenue.

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