Ambiq Micro, Inc. (NYSE:AMBQ – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $64.51, but opened at $66.91. Ambiq Micro shares last traded at $66.91, with a volume of 47,592 shares changing hands.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on AMBQ shares. Roth Capital initiated coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They issued a “buy” rating and a $125.00 price target for the company. Northland Securities set a $81.00 target price on Ambiq Micro in a report on Wednesday. UBS Group set a $85.00 price objective on Ambiq Micro in a report on Wednesday. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Finally, Needham & Company LLC increased their price target on Ambiq Micro from $70.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Ambiq Micro currently has a consensus rating of “Hold” and an average target price of $76.00.
Get Our Latest Report on Ambiq Micro
Ambiq Micro Stock Up 5.2%
Ambiq Micro (NYSE:AMBQ – Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $33.90 million during 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 Q3 2026 guidance at -0.200–0.120 EPS. As a group, equities research analysts forecast that Ambiq Micro, Inc. will post -1.69 EPS for the current year.
Insider Activity
In related news, Director Timothy Chen sold 70,592 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $79.79, for a total transaction of $5,632,535.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 10.00% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of AMBQ. Bank of America Corp DE raised its stake in shares of Ambiq Micro by 632.3% during the 1st quarter. Bank of America Corp DE now owns 48,033 shares of the company’s stock worth $1,221,000 after purchasing an additional 41,474 shares in the last quarter. Atreides Management LP increased its holdings in Ambiq Micro by 23.8% in the first quarter. Atreides Management LP now owns 862,175 shares of the company’s stock worth $21,908,000 after buying an additional 165,755 shares during the last quarter. California State Teachers Retirement System increased 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 worth $25,000 after buying an additional 702 shares during the last quarter. Readystate Asset Management LP raised its position in Ambiq Micro by 152.6% during the first quarter. Readystate Asset Management LP now owns 41,917 shares of the company’s stock valued at $1,065,000 after acquiring an additional 25,321 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Ambiq Micro by 1,332.1% in the first quarter. Royal Bank of Canada now owns 11,600 shares of the company’s stock valued at $295,000 after acquiring an additional 10,790 shares during the last quarter.
Ambiq Micro Company Profile
Ambiq Micro (NYSE: AMBQ) is a semiconductor company specializing in the design and development of ultra-low-power microcontroller units (MCUs) and application-specific integrated circuits (ASICs). The company’s core technology leverages sub-threshold voltage operation to dramatically reduce energy consumption, enabling extended battery life in a broad range of portable and always-on devices. Ambiq’s products are particularly well suited for applications where power efficiency is critical, such as wearable electronics, IoT sensors, medical monitoring equipment, and industrial automation systems.
The company’s flagship product family, the Apollo series of MCUs, offers multi-core architectures, integrated wireless connectivity options, and advanced security features.
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