Ambiq Micro (NYSE:AMBQ) Trading Down 6.3% – Time to Sell?

Ambiq Micro, Inc. (NYSE:AMBQ) shares fell 6.3% during trading on Friday . The company traded as low as $34.00 and last traded at $34.26. 106,242 shares were traded during trading, a decline of 74% from the average session volume of 416,513 shares. The stock had previously closed at $36.57.

Analysts Set New Price Targets

A number of research firms have recently commented on AMBQ. Bank of America began coverage on Ambiq Micro in a research note on Monday, August 25th. They set a “neutral” rating and a $42.00 target price on the stock. Wall Street Zen cut Ambiq Micro from a “hold” rating to a “sell” rating in a research note on Saturday, August 30th. UBS Group assumed coverage on Ambiq Micro in a research note on Monday, August 25th. They issued a “neutral” rating and a $40.00 price objective on the stock. Needham & Company LLC assumed coverage on Ambiq Micro in a research note on Monday, August 25th. They issued a “buy” rating and a $48.00 price objective on the stock. Finally, Zacks Research raised Ambiq Micro to a “hold” rating in a research note on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ambiq Micro presently has an average rating of “Hold” and an average target price of $43.75.

Ambiq Micro Trading Down 7.0%

Ambiq Micro (NYSE:AMBQ) last announced its earnings results on Thursday, September 4th. The company reported ($0.43) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.44) by $0.01. The company had revenue of $17.87 million for the quarter, compared to the consensus estimate of $17.70 million. Ambiq Micro has set its Q3 2025 guidance at -0.350–0.280 EPS.

Ambiq Micro Company Profile

Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We are a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute – especially at the edge.