Ambiq Micro (NYSE:AMBQ) Stock Gets Price Target Trim from Needham & Company LLC

Ambiq Micro (NYSE:AMBQ – Get Free Report) had its target price reduced by Needham & Company LLC from $85.00 to $65.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC‘s price target indicates a potential upside of 44.32% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on AMBQ. Weiss Ratings reissued a “sell (d-)” rating on shares of Ambiq Micro in a report on Friday, September 25th. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Stifel Nicolaus reduced their price target on Ambiq Micro from $85.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday. UBS Group decreased their price objective on Ambiq Micro from $73.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, November 2nd. Finally, Jefferies Financial Group assumed coverage on Ambiq Micro in a report on Wednesday, October 7th. They set a “buy” rating and a $90.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ambiq Micro has a consensus rating of “Hold” and an average price target of $73.71.

Check Out Our Latest Stock Analysis on Ambiq Micro

Ambiq Micro Stock Down 1.6%

AMBQ opened at $45.04 on Wednesday. The firm has a 50-day moving average price of $57.07 and a 200-day moving average price of $53.90. Ambiq Micro has a twelve month low of $22.12 and a twelve month high of $91.61. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -21.25 and a beta of 5.66.

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

Insider Activity

In other news, CFO Jeffrey G. Winzeler sold 5,455 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $69.60, for a total transaction of $379,668.00. Following the completion of the transaction, the chief financial officer directly owned 100,844 shares in the company, valued at $7,018,742.40. The trade was a 5.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Scott Hanson sold 7,000 shares of the company’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $51.00, for a total transaction of $357,000.00. Following the completion of the transaction, the chief technology officer directly owned 212,546 shares in the company, valued at approximately $10,839,846. The trade was a 3.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 331,887 shares of company stock valued at $19,995,954. 10.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Ambiq Micro

Large investors have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. purchased a new position in Ambiq Micro during the third quarter worth about $32,000. Sterling Capital Management LLC boosted its position 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 valued at $47,000 after acquiring an additional 620 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of Ambiq Micro by 244.6% during the 1st 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 last quarter. Azimuth Capital Investment Management LLC purchased a new position in shares of Ambiq Micro during the second quarter worth about $234,000. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Ambiq Micro by 27.0% during the third quarter. SBI Securities Co. Ltd. now owns 2,654 shares of the company’s stock worth $181,000 after purchasing an additional 564 shares in the last quarter.

Ambiq Micro News Summary

Here are the key news stories impacting Ambiq Micro this week:

  • Positive Sentiment: Third-quarter revenue rose about 110% year over year to $38.14 million. The loss narrowed to $0.05 per share from $0.22 a year earlier, and the result beat analyst expectations. Ambiq Micro’s Q3 Net Loss Narrows; Revenue Jumps
  • Positive Sentiment: Ambiq forecast fourth-quarter revenue of $43.5 million to $44.5 million, above the $39.6 million analyst consensus, and projected approximately $140 million in 2026 net sales. Its fourth-quarter EPS guidance also reaches a smaller loss than the consensus at the midpoint. Ambiq projects approximately $140M in 2026 net sales
  • Negative Sentiment: Despite the improvement, the company continues to report losses, with a negative net margin and negative return on equity. Investors may be looking for clearer progress toward sustained profitability. Ambiq Micro reports third-quarter results

About Ambiq Micro

(Get Free Report)

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.

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