Needham & Company LLC Raises Ambiq Micro (NYSE:AMBQ) Price Target to $70.00

Ambiq Micro (NYSE:AMBQ) had its price objective raised by equities researchers at Needham & Company LLC from $48.00 to $70.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 17.60% from the company’s previous close.

Several other research analysts have also recently weighed in on AMBQ. Zacks Research raised shares of Ambiq Micro from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of Ambiq Micro from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Bank of America reissued a “neutral” rating and set a $35.00 price target on shares of Ambiq Micro in a research report on Thursday, March 5th. UBS Group upped their target price on shares of Ambiq Micro from $32.00 to $43.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Northland Securities started coverage on shares of Ambiq Micro in a research report on Tuesday, April 21st. They issued an “outperform” rating and a $44.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $47.40.

Ambiq Micro Trading Up 30.3%

AMBQ traded up $13.86 on Tuesday, hitting $59.53. 1,856,739 shares of the company’s stock were exchanged, compared to its average volume of 370,006. Ambiq Micro has a fifty-two week low of $22.12 and a fifty-two week high of $63.30. The firm has a 50-day moving average price of $30.68 and a 200-day moving average price of $29.89. The stock has a market cap of $1.27 billion and a price-to-earnings ratio of -1.50.

Ambiq Micro (NYSE:AMBQ) last announced its earnings results on Tuesday, May 12th. The company reported ($0.41) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.52) by $0.11. Ambiq Micro had a negative net margin of 50.28% and a negative return on equity of 351.35%. Ambiq Micro has set its Q2 2026 guidance at -0.290–0.230 EPS. On average, equities analysts predict that Ambiq Micro will post -2.34 EPS for the current year.

Institutional Trading of Ambiq Micro

Several hedge funds have recently made changes to their positions in AMBQ. Atreides Management LP purchased a new stake in shares of Ambiq Micro during the third quarter worth approximately $20,474,000. Alliancebernstein L.P. purchased a new stake in shares of Ambiq Micro during the third quarter worth approximately $13,050,000. KADENSA CAPITAL Ltd purchased a new stake in shares of Ambiq Micro during the third quarter worth approximately $11,818,000. Vanguard Group Inc. purchased a new stake in shares of Ambiq Micro during the third quarter worth approximately $9,210,000. Finally, Franklin Resources Inc. increased its stake in shares of Ambiq Micro by 2,474.3% during the fourth quarter. Franklin Resources Inc. now owns 307,887 shares of the company’s stock worth $8,775,000 after buying an additional 295,927 shares during the period.

About Ambiq Micro

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.