AMBA
Ambarella, Inc.
AMBA's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over AMBA overall, supported by stronger valuation and stronger modeled upside.
AMBA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
AMBA's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
AMBA PE Valuation
AMBA has no meaningful PE right now: it lost money over the past year.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
AMBA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for AMBA, with profitability improving. However, they disagree widely on these estimates.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
AMBA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.96 | — |
| Q3 2026 | -$1.29 | +$0.82 |
| Q2 2026 | -$1.61 | +$0.88 |
| Q1 2026 | -$1.78 | +$1.06 |
| Q4 2025 | -$1.88 | +$1.99 |
| Q3 2025 | -$2.11 | +$2.22 |
| Q2 2025 | -$2.49 | +$1.78 |
| Q1 2025 | -$2.84 | +$1.41 |
| Q4 2024 | -$3.87 | -$0.85 |
AMBA is still losing money, but far less than before: $1.29 per share over the past year, against $4.33 at its worst in mid-2024.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over AMBA on earnings quality, reporting a profit while its opponent remains loss making.
AMBA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $108.1M | +13% |
| Q2 2026 | $100.4M | +17% |
| Q1 2026 | $100.9M | +20% |
| Q4 2025 | $108.5M | +31% |
| Q3 2025 | $95.5M | +50% |
| Q2 2025 | $85.9M | +58% |
| Q1 2025 | $84M | +63% |
| Q4 2024 | $82.7M | +63% |
AMBA's revenue has grown year over year for nine quarters in a row: $108M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -7.5% | +16 points |
| Q2 2026 | -19% | +11 points |
| Q1 2026 | -18% | +12 points |
| Q4 2025 | -15% | +16 points |
| Q3 2025 | -23% | +34 points |
| Q2 2025 | -30% | +42 points |
| Q1 2025 | -30% | +51 points |
| Q4 2024 | -31% | +52 points |
AMBA's operating margin was −7.5% last quarter, up 15 points from the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over AMBA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over AMBA on profitability, with a higher operating margin.
AMBA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.1M | -612% |
| Q2 2026 | -$29.6M | -389% |
| Q1 2026 | $15M | -30% |
| Q4 2025 | $31.4M | +663% |
| Q3 2025 | $1.4M | -90% |
| Q2 2025 | $10.2M | +$26.3M |
| Q1 2025 | $21.2M | +$27.2M |
| Q4 2024 | $4.1M | -25% |
AMBA usually generates cash, though not every quarter: the latest was −$7M, but it generated $10M over the past year.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over AMBA on cash flow, with more consistent year-over-year improvement.
AMBA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +400K shares |
| 1 year | +3.4% | +1.5M shares |
| 3 years | +11% | +4.3M shares |
| 5 years | +21% | +7.6M shares |
| Available history | +32% | +10.7M shares |
AMBA has 44M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $2.4M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $1M |
| Q1 2022 | — |
| Q4 2021 | — |
AMBA has spent almost nothing on buybacks in the past year.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has the edge over AMBA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
AMBA Net Leverage
AMBA's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
AMBA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.9 | Neutral |
| Stochastic | 16.2 | Oversold |
AMBA's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
AMBA PE vs Technology Sector
AMBA has no meaningful PE right now: it lost money over the past year.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU is trading at 11x earnings, a 61% discount to the Technology sector's median of 28x.
AMBA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $65.0 | 6% below |
| 20 week MA | $70.1 | 13% below |
| 50 week MA | $67.7 | 9.9% below |
| 100 week MA | $68.1 | 10% below |
| 200 week MA | $65.2 | 6.4% below |
AMBA is in a downtrend: it's below all five of its weekly moving averages, and 6.4% below its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over AMBA on trend strength, trading above more of its moving averages.
AMBA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $59.9 | $92.6 | +55% |
| 2021 | $92.6 | $200.6 | +117% |
| 2022 | $200.6 | $81.2 | -60% |
| 2023 | $81.2 | $61.3 | -25% |
| 2024 | $61.3 | $73.5 | +20% |
| 2025 | $73.5 | $71.4 | -2.9% |
| 2026 YTD | $71.4 | $61.1 | -14% |
AMBA's yearly returns have swung widely, from +117% in 2021 to −60% in 2022. It's down 14% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over AMBA on returns for 2026, with the stronger performance.