Accelerating Growth For Ambarella Provides A Clear Path Forward | AMBA Stock Analysis

Enjoyed this video? Join my Locals community for exclusive content at tickertimenews.locals.com!
2 years ago
29

Investors are zooming in on Ambarella (AMBA), a maker of computer vision (CV) chips used in high-definition camera applications after the company posted upside Q3 results featuring its strongest revenue growth in over five years. Booming demand in the auto industry is the main spark that's igniting AMBA's top-line growth, which has now accelerated for five straight quarters. While the company isn't immune to rising costs and inflationary pressures, a favorable product mix that skews towards pricier CV chips is offsetting those headwinds and driving margins higher. The company does anticipate that bottlenecks in the supply chain could cause some orders to be pushed out, but its Q4 revenue guidance still came in above the consensus estimates.

📌 Support our research, analysis, and technical breakdowns by becoming a Patreon member today: https://www.patreon.com/TickerTimeNews

Patreon members get weekly Trade Setups, Buy/Sell Signals, Advanced Analysis (Stock Ideas), Trade Ideas, our Top 25 Growth and Top 25 Value stocks list (constantly updated), our Top 10 Momentum Plays (updated weekly), and so much more!

💲🎁💲Get your Free stocks (yes, multiple free stocks) on Webull: https://tickertimenews.com/webull

💲💰💲Get Free crypto on Coinbase: https://tickertimenews.com/coinbase

💲🎁💲Get your Free stock on Robinhood: https://tickertimenews.com/robinhood

💲💰💲Get Free Bitcoin (and earn interest on that #bitcoin) on BlockFi: https://tickertimenews.com/blockfi

💲🪙💲Get up to $30 when you signup for a paid TradingView account. https://bit.ly/tradingviewrefer

METAVERSE VIDEO: https://youtu.be/Sy2KM2gOwO0

Be sure to 👍 LIKE, 📢 SHARE, and 💎🙌 SUBSCRIBE for more awesome #financial content that gives you confidence knowing you have the best information to make the best #investments. 🚀

📌 If you're new to investing start with our blog post “A 3-Step Guide to #Stocks and #Investing for Beginners”: https://bit.ly/investingforbeginnersguide

💲😀💲Raise financially smart kids with Greenlight. Investing, banking for kids, managed by parents: https://tickertimenews.com/greenlight

Thank you for watching Ticker Time News,

Adam & Brandy

http://tickertimenews.com

📌You can make a donation: https://paypal.me/TickerTimeNews

Our content is for entertainment, informational, and educational purposes only and a platform to share our own investment thesis and ideas and is in no way perceived to be, real or otherwise, financial advice.

Our Privacy Policy and Financial Disclaimer: https://tickertimenews.com/privacy-policy-and-financial-disclaimer/

Loading comments...