Ambiq Micro (NYSE:AMBQ) Stock Gets Price Target Reduction from Stifel Nicolaus

Ambiq Micro (NYSE:AMBQ) had its price objective lowered by Stifel Nicolaus from $85.00 to $70.00 in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the stock.

Several other research firms have also recently weighed in on AMBQ. Needham & Company LLC upped their price objective on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a research report on Friday, September 25th. UBS Group dropped their target price 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 target on shares of Ambiq Micro in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group assumed coverage on shares of Ambiq Micro in a report on Wednesday, October 7th. They issued a “buy” rating and a $90.00 price target on the stock. 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 stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $71.14.

Ambiq Micro Trading Down 2.8%

Shares of AMBQ stock opened at $47.43 on Wednesday. Ambiq Micro has a 52-week low of $22.12 and a 52-week high of $91.61. The business’s fifty day moving average is $56.62 and its 200 day moving average is $54.15.

Ambiq Micro (NYSE:AMBQ) last released its quarterly earnings results on Tuesday, November 10th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.27. The firm had revenue of $38.14 million for the quarter. Ambiq Micro had a negative return on equity of 9.27% and a negative net margin of 29.72%. Ambiq Micro has set its Q4 2026 guidance at -0.090–0.030 EPS. As a group, equities research analysts predict that Ambiq Micro will post -1.16 earnings per share for the current year.

Insiders Place Their Bets

In other Ambiq Micro news, CTO Scott Hanson sold 27,500 shares of Ambiq Micro stock in a transaction that occurred on Thursday, August 27th. The stock was 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 of the company’s stock, valued at $13,229,314.80. The trade was a 11.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Sean Chen sold 15,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief operating officer owned 120,275 shares of the company’s stock, valued at $7,233,338.50. The trade was a 11.09% 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. Insiders have sold 311,387 shares of company stock valued at $18,676,029 in the last ninety days. Company insiders own 10.00% of the company’s stock.

Institutional Investors Weigh In On Ambiq Micro

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC increased its position in shares of Ambiq Micro by 8.6% in the third quarter. Voya Investment Management LLC now owns 3,897 shares of the company’s stock valued at $266,000 after acquiring an additional 307 shares during the period. Drive Wealth Management LLC purchased a new position in Ambiq Micro during the 3rd quarter valued at about $477,000. Aberdeen Group plc bought a new position in Ambiq Micro during the 3rd quarter valued at approximately $1,043,000. Russell Investments Group Ltd. raised its position in Ambiq Micro by 162.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 32,195 shares of the company’s stock valued at $2,195,000 after purchasing an additional 19,927 shares during the last quarter. Finally, Pictet Asset Management Holding SA bought a new position in Ambiq Micro during the 3rd quarter valued at approximately $275,000.

About Ambiq Micro

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.