Ambiq Micro (NYSE:AMBQ) Stock Price Target Raised at UBS Group

Ambiq Micro (NYSE:AMBQ) had its price target hoisted by equities researchers at UBS Group from $50.00 to $52.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group‘s price objective would suggest a potential upside of 3.24% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Stifel Nicolaus cut their price target on shares of Ambiq Micro from $85.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday. Jefferies Financial Group reduced their price target on shares of Ambiq Micro from $90.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a research note on Wednesday, August 12th. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ambiq Micro in a report on Friday, September 25th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $71.14.

Ambiq Micro Price Performance

Shares of NYSE AMBQ traded up $5.13 during midday trading on Wednesday, hitting $50.37. 517,967 shares of the company’s stock were exchanged, compared to its average volume of 504,346. The firm’s fifty day simple moving average is $57.07 and its 200-day simple moving average is $53.90. The company has a market cap of $1.22 billion, a PE ratio of -23.76 and a beta of 5.66. Ambiq Micro has a twelve month low of $22.12 and a twelve month high of $91.61.

Ambiq Micro (NYSE:AMBQ) last announced its quarterly earnings results on Tuesday, November 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.27. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%. The firm had revenue of $38.14 million during the quarter. Ambiq Micro has set its Q4 2026 guidance at -0.090–0.030 EPS. Equities analysts anticipate that Ambiq Micro will post -1.16 EPS for the current fiscal year.

Insider Buying and Selling at Ambiq Micro

In other Ambiq Micro news, CTO Scott Hanson sold 27,500 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the completion of the transaction, the chief technology officer owned 221,226 shares in the company, valued at approximately $13,229,314.80. This represents a 11.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Sean Chen sold 15,000 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $60.14, for a total transaction of $902,100.00. Following the transaction, the chief operating officer owned 120,275 shares of the company’s stock, valued at approximately $7,233,338.50. The trade was a 11.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 331,887 shares of company stock valued at $19,995,954. 10.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ambiq Micro

A number of large investors have recently modified their holdings of the business. California State Teachers Retirement System lifted its holdings in Ambiq Micro by 244.6% in the first quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock valued at $25,000 after acquiring an additional 702 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Ambiq Micro during the 3rd quarter worth $32,000. Sterling Capital Management LLC grew its stake in shares of Ambiq Micro by 953.8% during the 3rd quarter. Sterling Capital Management LLC now owns 685 shares of the company’s stock worth $47,000 after purchasing an additional 620 shares during the period. SBI Securities Co. Ltd. grew its stake in shares of Ambiq Micro by 27.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 2,654 shares of the company’s stock worth $181,000 after purchasing an additional 564 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new position in shares of Ambiq Micro in the 3rd quarter valued at about $209,000.

Latest Ambiq Micro News

Here’s some of the latest news about AMBQ:

• Positive Sentiment: Third-quarter revenue rose sharply year over year to $38.14 million, while the per-share loss narrowed to $0.05 and was substantially better than analysts expected. Ambiq Micro Q3 results
• Positive Sentiment: Stifel Nicolaus and Needham lowered their price targets to $70 and $65, respectively, but both maintained Buy ratings. Their revised targets still indicate substantial potential upside from the cited share price. Stifel Nicolaus rating Needham rating
• Negative Sentiment: Despite the narrower loss, Ambiq remains unprofitable. The analysts’ target reductions also signal more restrained expectations than their previous estimates. Quarterly earnings results

Ambiq Micro Company Profile

Ambiq Micro is a semiconductor company that develops ultra-low-power systems-on-chip and related technology for battery-powered devices. Its products are designed to help devices process data while using less energy, supporting applications that require extended battery life. The company’s offerings include Apollo microcontroller and system-on-chip products, along with software and development tools. Ambiq’s Subthreshold Power Optimized Technology (SPOT) is designed to reduce power consumption, including in devices that run artificial intelligence workloads at the edge.