Where in the World Is Ambarella?
Ambarella Inc. (NASDAQ: AMBA) has been incorporated since 2004. It is primarily a semiconductor and software design company focused on making systems on a chip (SOCs) for the camera industry. Most recognize that its corporate headquarters are in the heart of Silicon Valley -- but a deeper look reveals information that can better help an investor understand Ambarella and fully appreciate its value on a forward basis.
Over the past three years, Ambarella has had an effective tax rate far below what a U.S. company might normally pay, which could be as high as 35%. Below is a chart with the details by year for Ambarella.
Data source: Ambarella. Chart by author.
Source: Fool.com
Ambarella Inc. Stock
€49.14
1.220%
The stock is one of the favorites of our community with 21 Buy predictions and 4 Sell predictions.
As a result the target price of 75 € shows a very positive potential of 52.63% compared to the current price of 49.14 € for Ambarella Inc..
