5 Best Tech Stocks to Buy for the Next 5 Years

3. Ambarella Inc. (NASDAQ:AMBA)

Number of Hedge Fund Holders: 35

Ambarella Inc. (NASDAQ:AMBA) is one of the best tech stocks to buy for the next 5 years. On May 28, Ambarella announced its financial results for FQ1 2027, reporting revenue of $100.4 million, a 16.9% increase year-over-year. The company achieved a non-GAAP net profit of $5.0 million, or $0.11 per diluted share, marking an improvement over the $3.0 million profit reported in the same period last year.

Automotive revenue reached a record high, driven by the increasing adoption of AI in commercial vehicles. While GAAP gross margin was 58.4%, the company maintains a strong liquidity position with $277.8 million in cash and marketable securities. Looking ahead to FQ2 2027, Ambarella projects revenue between $105.0 million and $111.0 million.

Ambarella Inc. (NASDAQ:AMBA) continues to advance its edge AI platform by integrating perception, fusion, and acceleration functions into a single SoC solution. Leadership remains optimistic about long-term growth, citing strong demand for complex AI workloads and the expansion of its market presence into robotics and edge infrastructure through an increasingly scalable sales ecosystem.

Ambarella Inc. (NASDAQ:AMBA) builds semiconductors, SOCs, and software to facilitate physical and edge AI, as well as automation functions.