5 Best Robotics Stocks To Buy For 2022

4. Ambarella, Inc. (NASDAQ:AMBA)

Number of Hedge Fund Holders: 37  

One of the key products of Ambarella, Inc. (NASDAQ:AMBA) are low powered semiconductor products that are used for artificial intelligence-enabled image and video processing, most popularly for facial recognition software. The system-on-a-chip solutions such as this are rising in demand in the robotics market. Ambarella, Inc. (NASDAQ:AMBA) is also working on new CVflow-architecture for these chips that will match with the exact needs of clients. 

Stifel analyst Tore Svanberg has a Buy rating on Ambarella, Inc. (NASDAQ:AMBA) stock with a price target of $230. In a recent investor note, the analyst backed the firm to grow revenues to more than $1 billion based on estimates for sales of the Computer Vision products.