I Still Can't Believe Ambarella, Inc. Spent $100 Million on Research and Development
Ambarella's (NASDAQ: AMBA) sales footprint shrank last year, but the company got more aggressive on spending rather than less so. Operating costs jumped to 47% of sales from closer to 40% in each of the prior two fiscal years. That shift sent net profit plunging to 18% in 2016 from 25% in the prior year.
Source: Fool.com
NVIDIA Corp. Stock
€104.12
0.480%
Our community is currently high on NVIDIA Corp. with 193 Buy predictions and 9 Sell predictions.
With a target price of 110 € there is a slightly positive potential of 5.65% for NVIDIA Corp. compared to the current price of 104.12 €.