Ambarella (AMBA) Unveils AI-Based Image Signal Processor – Zacks.com

We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
Don't Know Your Password?

New to Zacks? Get started here.
Don't Know Your Password?

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
OK Cancel
Image: Bigstock
Zacks Equity Research
CRM CACI AMBA HPE
Trades from $1
You follow Analyst Blog – edit
You follow Zacks Equity Research – edit


Ambarella (AMBA Free Report) recently announced the launch of Artificial Intelligence (“AI”)-based Image Signal Processor (“AISP”) during the ongoing Consumer Electronics Show (“CES”) 2022 in Las Vegas.

The new AISP technology utilizes neural networks to augment the image processing done by the hardware ISP integrated into its system-on-chips (“SoC”). This enables color imaging with low light at very low lux levels and minimal noise unlike the traditional cameras, which are noisy and deliver dark black and white video in low-light conditions. It reduces external illuminations by offering higher dynamic range processing up to 100X compared to state-of-the-art traditional image signals.

With this breakthrough technology, Ambarella intends to strengthen its position in the security and automotive industries where full-color night vision is essential. The AISP tech reduces total system costs of building high-quality cameras by using low cost sensors to deliver more natural color reproduction.

Ambarella’s new launch is expected to be available across its entire CVflow SoC portfolio at resolutions up to 4K in 2022.

With all automakers developing self-driving cars, there has been a high demand for camera-based SoCs and computer vision technology in recent times. Ambarella, being an AI silicon company, has deep technical knowledge in camera-based SoCs and enhanced computer vision capabilities. Growing demand for an advanced driving assistance system (“ADAS”) is likely to act as a key catalyst for the company’s near-term growth.

Ambarella continues to expand its CVflow family of AI processors through consecutive global collaborations. Very recently, during the CES 2022, it unveiled CV3 AI domain controller SoC, ideal for implementing autonomous driving for vehicles from Level 2+ to Level 4, single- and multi-camera ADAS, Driver Monitoring System (“DMS”) and in-cabin solutions, single- and multi-channel electronic mirrors with blind-spot detection, and intelligent parking assistance systems.

In December 2021, it collaborated with Israel-based Autobrains to develop a scalable range of ADAS solutions for the automotive mass market. In September, it partnered with China’s DongfengFengshen (Aeolus) to build DMS for the Yixuan Max vehicle.

In August, it announced that Moscow-based Yandex’s new SignalQ2 LTE-enabled DMS camera is based on the company’s CV25 edge AI vision SoC. In the same month, KeepTruckin, a fleet management company, selected CVflow’s CV22 edge AI vision SoC for its new AI Dashcam.
Ambarella, Inc. price-consensus-chart | Ambarella, Inc. Quote
Ambarella has been benefiting from solid momentum in CV2, CV22 and CV25. In fiscal 2020, these products generated production revenues from 1,000 customers.

Automotive and Internet of Things cameras are driving Ambarella’s top line. During the third quarter of fiscal 2022, the company’s revenues increased 64% to $92.2 million, primarily driven by improvement in the automotive and security camera businesses.
Ambarella currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the broader computer and technology sector include the largest global Customer Relationship Management vendor Salesforce (CRM Free Report) and Hewlett Packard (HPE Free Report) , each flaunting a Zacks Rank #1 (Strong Buy), and CACI International (CACI Free Report) carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Salesforce’s fourth-quarter fiscal 2022 earnings has been revised downward by 7.6% to 73 cents per share over the past 60 days. For fiscal 2022, earnings estimates have moved upward by 0.43% to $4.68 per share in the last 60 days.

Salesforce’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 44.2%. CRM stock has appreciated 15.6% in the past year.

The Zacks Consensus Estimate for HPE’s first-quarter fiscal 2022 earnings has been revised downward by 6.1% to 46 cents per share over the past 60 days. For fiscal 2022, earnings estimates have moved north by 1.5% to $2.03 per share in the past 90 days.

HPE’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 14.4%. Shares of HPE have rallied 40.5% in the past year.

The consensus mark for CACI’s second-quarter fiscal 2022 earnings has been revised downward to $3.99 per share from $4.43 over the past 90 days. For fiscal 2022, earnings estimates have been revised downward by 8.9% to $16.42 per share in the last 90 days.

CACI’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 18.8%. Shares of CACI have increased 15.6% in the past year.
salesforce.com, inc. (CRM) – Free Report >>
CACI International, Inc. (CACI) – Free Report >>
Ambarella, Inc. (AMBA) – Free Report >>
Hewlett Packard Enterprise Company (HPE) – Free Report >>
Which stocks will be February’s top performers? Our experts picked 7 stocks with the best chances of skyrocketing within the next 30-90 days. Each stock is a Zacks Rank #1 Strong Buy.
Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. See our report’s 7 new picks today, absolutely FREE.
Privacy Policy No cost, no obligation to buy anything ever.
This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor’s Business Daily, Inc.; and Morningstar, Inc.
Copyright 2022 Zacks Investment Research 10 S Riverside Plaza Suite #1600 Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +25.25% per year. These returns cover a period from January 1, 1988 through December 6, 2021. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

source
Connect with Chris Hood, a digital strategist that can help you with AI.

Leave a Reply

Your email address will not be published.

© 2022 AI Caosuo - Proudly powered by theme Octo