5 Robotics Stocks That Will Own the Future

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Below we present the list of 5 Robotics Stocks That Will Own the Future. For our methodology and a more comprehensive list, please see 10 Robotics Stocks That Will Own the Future.

5. Ambarella, Inc. (NASDAQ:AMBA)

Number of Hedge Fund Shareholders: 28

After gaining 121% last year, Ambarella, Inc. (NASDAQ:AMBA) shares have given back all of those gains and more in 2022, falling by 69%. The fabless semiconductor design company, which makes computer vision processors that outfit cameras with advanced analytical capabilities, has seen its growth stall this year.

Sales growth slowed to just 2% in Q2, down from 29% a year earlier, though some of that was certainly due to supply chain issues rather than lack of demand. Things are expected to get even worse before they get better, as the company’s sales are expected to decline year-over-year in Q3; not a good look for a growth company, regardless of extenuating circumstances.

Hedge fund ownership of Ambarella, Inc. (NASDAQ:AMBA) has dipped by 30% over the past two quarters after peaking at the end of 2021. On the other hand, Steve Cohen’s Point72 Asset Management is more bullish than ever, growing its AMBA position by 1,102% during Q2 to 655,043 shares valued at $42.9 million.

The Carillon Scout Small Cap Fund noted that supply chain issues have impeded the strong demand for Ambarella, Inc. (NASDAQ:AMBA)’s products, as revealed in the fund’s Q1 2022 investor letter:

“Ambarella (NASDAQ:AMBA) supplies video processing and computer vision chips used in the security and automotive markets. The company continues to face supply headwinds from its foundry partner despite robust market demand for Ambarella’s products.”

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