Ambiq Micro (NYSE:AMBQ) Given New $65.00 Price Target at Needham & Company LLC

Ambiq Micro (NYSE:AMBQ – Get Free Report) had its price objective dropped by equities research analysts at Needham & Company LLC from $85.00 to $65.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC‘s price target suggests a potential upside of 44.32% from the company’s current price.

A number of other equities research analysts also recently issued reports on AMBQ. UBS Group reduced their price objective on shares of Ambiq Micro from $73.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, November 2nd. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a research note on Wednesday, August 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ambiq Micro in a research report on Friday, September 25th. Citigroup restated a “neutral” rating on shares of Ambiq Micro in a research note on Tuesday, August 11th. Finally, Jefferies Financial Group started coverage on Ambiq Micro in a report on Wednesday, October 7th. They issued a “buy” rating and a $90.00 target price for the company. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ambiq Micro currently has an average rating of “Hold” and an average price target of $73.71.

Check Out Our Latest Research Report on AMBQ

Ambiq Micro Price Performance

AMBQ opened at $45.04 on Wednesday. Ambiq Micro has a 1 year low of $22.12 and a 1 year 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. The firm’s fifty day moving average price is $57.07 and its two-hundred day moving average price is $53.90.

Ambiq Micro (NYSE:AMBQ – Get Free Report) last announced its earnings results on Tuesday, November 10th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.32) by $0.27. The company had revenue of $38.14 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 Q4 2026 guidance at -0.090–0.030 EPS. As a group, equities analysts anticipate that Ambiq Micro will post -1.16 EPS for the current year.

Insider Activity at Ambiq Micro

In other Ambiq Micro news, CTO Scott Hanson sold 27,500 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $59.80, for a total value of $1,644,500.00. Following the transaction, the chief technology officer directly owned 221,226 shares in the company, valued at $13,229,314.80. The trade was a 11.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Sean Chen sold 15,000 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $60.14, for a total transaction of $902,100.00. Following the transaction, the chief operating officer directly owned 120,275 shares of the company’s stock, valued at $7,233,338.50. This represents a 11.09% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 331,887 shares of company stock worth $19,995,954. 10.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ambiq Micro

Several institutional investors have recently bought and sold shares of AMBQ. Atreides Management LP grew its holdings in Ambiq Micro by 23.8% during the first quarter. Atreides Management LP now owns 862,175 shares of the company’s stock valued at $21,908,000 after purchasing an additional 165,755 shares during the period. Polar Asset Management Partners Inc. increased its position in Ambiq Micro by 671.8% in the first quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company’s stock worth $5,116,000 after buying an additional 175,247 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Ambiq Micro in the second quarter valued at $14,847,000. Roubaix Capital LLC bought a new stake in shares of Ambiq Micro in the first quarter valued at $3,197,000. Finally, Monashee Investment Management LLC raised its stake in shares of Ambiq Micro by 21.9% in the first quarter. Monashee Investment Management LLC now owns 103,756 shares of the company’s stock valued at $2,636,000 after buying an additional 18,667 shares during the period.

Key Headlines Impacting Ambiq Micro

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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