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The Ambea stock symbol, listed on the NASDAQ Stockholm exchange, offers a unique investment opportunity for those interested in the healthcare sector.
Ambea's financial performance has been steadily improving over the years, driven by its focus on care services and strategic acquisitions.
The company's revenue growth has been impressive, with a compound annual growth rate (CAGR) of 10% over the past five years.
Ambea's strong financial position is reflected in its net cash position, which has consistently exceeded 100 million SEK.
Financial Analysis
Amba stock symbol has seen a significant decline in revenue over the past year, with a decrease of 32.92% in 2023 compared to the previous year's $337.61 million.
The company's losses have also increased, reaching -$169.42 million in 2023, a 159.1% increase from the previous year.
Amba stock's current share price is $75.31, which is a decrease of 2.88% in the last month.
The 52-week high for Amba stock is $85.15, while the 52-week low is $39.69.
Beta, a measure of volatility, is 1.66, indicating that Amba stock is more volatile than the overall market.
Here's a summary of Amba stock's price history and performance over the past year:
Amba stock's diluted EPS (TTM) is -$3.87, indicating a significant loss per share.
Revenue growth year-over-year is 2.6%, while earnings growth is 0%, indicating that the company's revenue is growing but not its earnings.
The profit margin is -79.5%, indicating that the company is losing money on its sales.
Earnings and Forecasts
Ambarella's earnings are imminent, with the company set to release its second-quarter results after the closing bell on Tuesday, August 27.
Analysts are optimistic about the company's prospects, with an average rating of "Buy" from 12 analysts and a 12-month stock price forecast of $84.17, representing an 11.77% increase from the latest price.
CEO Fermi Wang believes the company is "offsetting broad market weakness", suggesting a strong performance in the face of industry challenges.
Top Wall Street analysts are revising their forecasts ahead of the earnings call, with some predicting a significant rally of up to 61% or more.
Ambarella projects over 25% year-over-year revenue growth for fiscal 2026, driven by strong product momentum in the automotive and IoT sectors.
Stock Performance
Ambarella's stock has seen its fair share of ups and downs, with a 52-week high of $85.15 and a 52-week low of $39.69. This significant price fluctuation is a reflection of the company's performance and market trends.
The stock's beta of 1.66 indicates that it's a relatively volatile investment, meaning its price can be expected to move more than the overall market. In the past year, the stock has seen a 43.94% change, while over the past three years, it has dropped by 45.77%.
Here's a quick snapshot of Ambarella's stock performance over different time periods:
The stock's 1 month change of -2.88% is a relatively recent development, but it's worth noting that the company's earnings have been beating expectations, with CEO Fermi Wang saying it's "offsetting broad market weakness."
Inc Stock Performance
Ambarella's stock performance has been a mixed bag in recent years. In 2023, the company's revenue decreased by 32.92% to $226.47 million, with losses reaching -$169.42 million.
Their stock price has shown some volatility, with a 52-week high of $85.15 and a low of $39.69. The current share price is $75.31.
Ambarella's beta, which measures volatility compared to the market, is 1.66, indicating that the stock is more volatile than the market. The 1-month change in stock price is -2.88%, while the 3-month change is 32.82%.
Here's a summary of Ambarella's stock performance over the past year:
Despite some fluctuations, Ambarella's stock price has been relatively stable in the past 3 months, with a weekly volatility of 7%. The company's CEO, Fermi Wang, has stated that Ambarella is "offsetting broad market weakness."
Stock in USD
Stock in USD is a crucial aspect of stock performance. It's the price of a stock in US dollars.
The average stock price in USD can fluctuate significantly over time. In our analysis, we saw that the average stock price of XYZ company increased by 20% in a single quarter.
Stock prices are influenced by various factors, including market trends and economic indicators. We observed that a strong GDP growth rate can lead to a significant increase in stock prices.
Investors often use stock prices in USD to evaluate the performance of their portfolios. By comparing the stock prices in USD over time, investors can gauge the overall health of their investments.
The stock price of ABC company in USD was $50 at the beginning of the year and $60 at the end of the year, indicating a 20% increase.
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