Price action analysis shows "amba stock forecast" momentum aligning with broader NASDAQ tech index gains, with beta correlation holding at 1.25 over the last quarter. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Ambarella. The Vanguard Group, Inc. is currently the company's largest shareholder with 11% of shares outstanding. For context, the second largest shareholder holds about 8.7% of the shares outstanding, followed by an ownership of 4.6% by the third-largest shareholder. Furthermore, CEO Feng-Ming Wang is the owner of 1.8% of the company's shares. Not only is it working on air-taxi services for Dubai, the United Kingdom, and the United States, but it has also inked a distribution agreement in Saudi Arabia that could be worth $1 billion or more in total revenue within a few years. The "amba stock forecast" assumes steady orders from security camera integrators, with year-on-year shipment growth of 9%, contributing to predictable cash flow.
