Ambiq Micro (NYSE:AMBQ) Stock Jumps 6% – Time to Buy?

Shares of Ambiq Micro, Inc. (NYSE:AMBQ) rose 6% on Wednesday. The stock traded as high as $68.72 and last traded at $68.6850. Approximately 166,341 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 510,083 shares. The stock had previously closed at $64.81.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMBQ. UBS Group set a $85.00 price objective on Ambiq Micro in a research report on Wednesday, August 12th. Roth Capital began coverage on shares of Ambiq Micro in a research note on Monday, July 13th. They set a “buy” rating and a $125.00 price objective for the company. Northland Securities set a $81.00 target price on Ambiq Micro in a report on Wednesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Friday. Finally, Needham & Company LLC upped their price target on Ambiq Micro from $70.00 to $85.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $82.20.

Ambiq Micro Stock Up 5.7%

The company has a market cap of $1.66 billion, a P/E ratio of -32.36 and a beta of 5.58. The business has a fifty day simple moving average of $63.37 and a two-hundred day simple moving average of $60.08.

Ambiq Micro (NYSE:AMBQ) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter. Ambiq Micro had a negative net margin of 37.77% and a negative return on equity of 11.85%. The business had revenue of $33.90 million for the quarter. Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. On average, equities analysts predict that Ambiq Micro, Inc. will post -1.16 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ambiq Micro news, COO Sean Chen sold 15,000 shares of Ambiq Micro stock in a transaction on Monday, September 14th. The shares were sold at an average price of $60.14, for a total value of $902,100.00. Following the sale, the chief operating officer directly owned 120,275 shares in the company, valued at approximately $7,233,338.50. The trade was a 11.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Scott Hanson sold 27,500 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the completion of the sale, the chief technology officer owned 221,226 shares in the company, valued at approximately $13,229,314.80. The trade was a 11.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 260,185 shares of company stock valued at $15,523,333 in the last 90 days. 10.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ambiq Micro

Institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP bought a new position in shares of Ambiq Micro during the 2nd quarter valued at approximately $525,000. Squarepoint Ops LLC lifted its position in Ambiq Micro by 603.5% during the second quarter. Squarepoint Ops LLC now owns 63,228 shares of the company’s stock valued at $5,583,000 after purchasing an additional 54,240 shares during the last quarter. Spark Investment Management LLC purchased a new position in shares of Ambiq Micro in the 2nd quarter worth $777,000. Azimuth Capital Investment Management LLC bought a new stake in shares of Ambiq Micro in the 2nd quarter worth about $234,000. Finally, AXQ Capital LP purchased a new stake in shares of Ambiq Micro during the 2nd quarter valued at about $539,000.

Ambiq Micro Company Profile

Ambiq Micro, Inc is a semiconductor company that develops ultra-low-power system-on-chip (SoC) solutions and microcontrollers for edge computing and artificial intelligence applications. Its technology is designed to help battery-powered devices perform data processing locally while extending battery life.

The company’s product portfolio includes its Apollo family of low-power microcontrollers and SoCs, as well as solutions that integrate processing, memory, wireless connectivity and AI capabilities.