Brokerages Set Ambiq Micro, Inc. (NYSE:AMBQ) Target Price at $43.75

Key Points

• Ambiq Micro, Inc. has received an average recommendation of "Hold" from analysts, with three hold ratings and two buy recommendations.
• The average one-year target price for Ambiq Micro's stock among analysts is $43.75, with recent coverage from firms like Stifel Nicolaus and Bank of America setting target prices between $42.00 and $48.00.
• Ambiq Micro's stock price has recently decreased by 3.3%, and it has a 52-week trading range of $32.89 to $51.76.

Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) has received a consensus recommendation of "Hold" from the five brokerages that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $43.75.

A number of analysts have issued reports on the stock. UBS Group assumed coverage on shares of Ambiq Micro in a report on Monday, August 25th. They issued a "neutral" rating and a $40.00 price objective for the company. Zacks Research raised shares of Ambiq Micro to a "hold" rating in a report on Tuesday, August 26th. Wall Street Zen lowered shares of Ambiq Micro from a "hold" rating to a "sell" rating in a report on Saturday. Bank of America assumed coverage on shares of Ambiq Micro in a report on Monday, August 25th. They issued a "neutral" rating and a $42.00 target price on the stock. Finally, Needham & Company LLC assumed coverage on Ambiq Micro in a research note on Monday, August 25th. They issued a "buy" rating and a $48.00 price target on the stock.

Ambiq Micro Price Performance

NYSE AMBQ traded down $1.47 during trading on Thursday, reaching $38.24. The company's stock had a trading volume of 39,670 shares, compared to its average volume of 467,793. Ambiq Micro has a 12 month low of $32.89 and a 12 month high of $51.76.

About Ambiq Micro

Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We are a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute – especially at the edge.