Analysts 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 been assigned a consensus recommendation of "Hold" from the five ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $43.75.

A number of analysts recently weighed in on AMBQ shares. UBS Group assumed coverage on shares of Ambiq Micro in a research report on Monday, August 25th. They issued a "neutral" rating and a $40.00 price objective on the stock. Wall Street Zen downgraded shares of Ambiq Micro from a "hold" rating to a "sell" rating in a research note on Saturday. Stifel Nicolaus assumed coverage on shares of Ambiq Micro in a research note on Monday, August 25th. They issued a "buy" rating and a $45.00 target price on the stock. Needham & Company LLC assumed coverage on shares of Ambiq Micro in a research note on Monday, August 25th. They issued a "buy" rating and a $48.00 target price on the stock. Finally, Zacks Research upgraded shares of Ambiq Micro to a "hold" rating in a research note on Tuesday, August 26th.

Ambiq Micro Price Performance

Ambiq Micro stock traded up $0.39 during midday trading on Thursday, reaching $39.50. The stock had a trading volume of 108,456 shares, compared to its average volume of 280,947. Ambiq Micro has a 52-week low of $32.89 and a 52-week high of $51.76.

Ambiq Micro Company Profile

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.