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OVTI $29.38

OVTI target price
29.38
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OmniVision Technologies, Inc.
Type
Public
Traded as NASDAQ: OVTI
Industry Semiconductors
Founded 1990
Founder Shaw Hong
Raymond Wu
Headquarters Santa Clara, California, U.S.
Area served
Worldwide
Key people
Shaw Hong (CEO and President)
Anson Chan (CFO)
Products Image sensor technologies
Revenue $1.379B
Number of employees
2200 (2015)
Website www.ovt.com

OmniVision Technologies Inc. is a corporation that designs and develops advanced digital imaging technologies and products for use in mobile phones, notebooks, netbooks and webcams, security and surveillance cameras, entertainment, digital still and video cameras, automotive and medical imaging systems. Headquartered in Santa Clara, California, OmniVision Technologies has offices in the USA, Western Europe and Asia, including a design center and testing facility in Shanghai, China.

OmniVision was founded in 1995 by Shaw Hong and Raymond Wu.

Some company milestones:

OmniVision’s front-side illumination (FSI) technology architecture enhances image capture under very low lighting conditions. It is used to manufacture compact cameras in mobile handsets, notebook computers and other applications that require low-light performance without the need for flash.

OmniPixel3-HS is the technology behind its image sensor module that will, for example, be used by Dahua, a video surveillances provider, to produce cloud-based cameras for smart home systems.

Backside illuminated image (BSI) technology differs from FSI architectures in how light is delivered to the photosensitive area of the sensor. In FSI architectures, the light must first pass through transistors, dieletric layers, and metal circuitry. In contrast, OmniBSI technology turns the image sensor upside down and applies color filters and micro lenses to the backside of the pixels, resulting in light collection through the backside of the sensor. This puts the metal and dielectric layers below the sensor array, providing the most direct path for light to travel into the pixel, which optimizes image quality.

The second-generation BSI technology, developed in cooperation with Taiwan Semiconductor Manufacturing Company Limited (TSMC), is built using custom 65 nm design rules and 300mm copper processes. This combination supports improved low-light sensitivity, dark current, and full-well capacity over the first-generation of BSI technology, as well as sharper image quality.

In this camera module, sensor and lens manufacturing processes are combined using semiconductor stacking methodology. Wafer-level optical elements are fabricated in a single step by combining CMOS image sensors, chip scale packaging processes, (CSP) and wafer-level optics (WLO). These fully integrated chip products have camera functionality, and are intended to produce thin, compact devices with advanced imaging capability.

OmniVision developed its PureCel image sensor technology to provide added camera functionality to smartphones and action cameras. The technical goal was to provide smaller camera modules that enable larger optical formats and offer improved image quality, especially in low-light conditions.

Both of these technologies are offered in a stacked die format (PureCel-S and PureCelPlus-S). This stacked die methodology separates the imaging array from the image sensor processing pipeline into a stacked die structure, allowing for additional functionality to be implemented on the sensor while providing for much smaller die sizes compared to non-stacked sensors. When compared with other BSI image sensor technologies, PureCel technology has demonstrated reduced pixel cross talk, minimized color, crosstalk and color noise, and improved color reproduction under low-light conditions.

Developed to address the low-light and night-vision performance requirements of advanced machine vision, surveillance, and automotive camera applications, OmniVision’s Nyxel near-infrared (NIR) imaging technology combines thick-silicon pixel architectures and careful management of the wafer surface texture to improve quantum efficiency (QE). In addition, extended deep trench isolation helps retain modulation transfer function without affecting the sensor’s dark current, further improving night vision capabilities. Unlike conventional NIR approaches, OmniVision’s Nyxel technology achieves 3x QE improvement for 850nm sensitivity and a 5x QE improvement for 940nm sensitivity. Performance improvements include image quality, extended image-detection range and a reduced light-source requirement, leading to overall lower system power consumption.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-09-01 Reiterated Rating Pacific Crest Equal Weight
2015-08-31 Reiterated Rating Raymond James Market Perform
2015-08-31 Reiterated Rating Raymond James Financial Inc. Market Perform
2015-08-28 Reiterated Rating Needham & Company LLC Hold
2015-05-29 Downgrade Needham & Company LLC Buy to Hold
2015-05-29 Boost Price Target Wedbush Neutral $27.00 to $29.00
2015-01-16 Initiated Coverage Rosenblatt Securities Buy
2014-12-03 Downgrade Northland Capital Outperform to Market Perform
2014-12-03 Downgrade Northland Securities Outperform to Market Perform
2014-08-29 Boost Price Target Craig Hallum Hold $23.00 to $29.00
2014-08-29 Reiterated Rating Oppenheimer Market Perform
2014-08-29 Boost Price Target Wedbush Neutral $27.00 to $28.00
2014-08-29 Reiterated Rating Robert W. Baird Neutral $27.00
2014-08-29 Upgrade Raymond James Underperform to Market Perform
2014-08-29 Reiterated Rating Oppenheimer Holdings Inc. Market Perform
2014-08-15 Reiterated Rating S&P Equity Research Average to Buy $15.07 to $8.92
2014-08-15 Downgrade Robert W. Baird Outperform to Neutral $27.00
2014-08-14 Reiterated Rating Needham & Company LLC Fair Value
2014-06-25 Downgrade Stephens Overweight to Equal Weight
2014-06-17 Reiterated Rating JPMorgan Chase & Co. Overweight $24.00 to $26.00
2014-05-30 Upgrade Northland Capital Market Perform to Outperform $21 to $28
2014-05-30 Boost Price Target JPMorgan Chase & Co. Overweight $22.00 to $24.00
2014-05-30 Boost Price Target Evercore ISI Hold $23.00
2014-05-30 Upgrade Northland Securities Market Perform to Outperform $21.00 to $28.00
2014-05-30 Downgrade Raymond James Market Perform to Underperform $21.83
2014-05-30 Boost Price Target Robert W. Baird $20.00 to $27.00
2014-02-28 Boost Price Target JPMorgan Chase & Co. $18.00 to $22.00
2014-02-28 Boost Price Target Northland Securities $21.00
2013-12-09 Initiated Coverage Cross Research Hold
2013-12-04 Boost Price Target JPMorgan Chase & Co. $18.00
2013-08-30 Reiterated Needham Buy $25 to $22
2013-08-30 Downgrade Oppenheimer Outperform to Perform $21
2013-08-30 Downgrade Northland Capital Outperform to Market Perform $27.50 to $20
2013-05-31 Reiterated Needham Buy $21 to $25
2013-05-31 Reiterated Canaccord Genuity Buy $18 to $22
2012-08-31 Reiterated Needham Buy $18 to $21
2012-04-25 Initiated Northland Securities Outperform $25
2012-03-20 Upgrade Needham Hold to Buy $24
2012-03-06 Upgrade Robert W. Baird Neutral to Outperform $19 to $23
2011-11-15 Downgrade Needham Strong Buy to Hold
2011-11-08 Downgrade Oppenheimer Outperform to Perform
2011-10-03 Reiterated Needham Strong Buy $30 to $20
2011-08-26 Reiterated Wedbush Outperform $38 to $33
2011-08-26 Reiterated Needham Strong Buy $45 to $30
2011-08-24 Reiterated Wedbush Outperform $45 to $38
2011-06-28 Upgrade Canaccord Genuity Hold to Buy $33 to $38
2011-03-07 Reiterated Oppenheimer Outperform $40 to $50
2011-01-24 Downgrade Robert W. Baird Outperform to Neutral $34
2010-12-10 Reiterated Oppenheimer Outperform $32 to $40
2015-09-01 Reiterated Rating Pacific Crest Equal Weight
2015-08-31 Reiterated Rating Raymond James Market Perform
2015-08-31 Reiterated Rating Raymond James Financial Inc. Market Perform
2015-08-28 Reiterated Rating Needham & Company LLC Hold
2015-05-29 Downgrade Needham & Company LLC Buy to Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In OVTI 2 funds of 2213 total. Show all

Fund name Ticker shares
GRUBER & MCBAINE CAPITAL MANAGEMENT LLC 60000
MANAGED ACCOUNT ADVISORS LLC 57053

Major Shareholders

Name Relationship Total Shares Holding stocks