Ambiq Micro (NYSE:AMBQ) Downgraded by Wall Street Zen to "Sell"

Key Points

• Ambiq Micro has been downgraded by Wall Street Zen from a "hold" rating to a "sell" rating, signaling potential concerns for investors.
• Various analysts have shared mixed views, with ratings ranging from "buy" at a target price of $48.00 to "hold" with a target around $43.75, indicating uncertainty in the stock's future performance.
• The current stock price of Ambiq Micro (AMBQ) is approximately $39.50, with a 12-month low of $32.89 and a high of $51.76.

Ambiq Micro (NYSE:AMBQ - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued to investors on Saturday.

AMBQ has been the topic of a number of other reports. Stifel Nicolaus started coverage on shares of Ambiq Micro in a report on Monday, August 25th. They set a "buy" rating and a $45.00 target price on the stock. Zacks Research raised shares of Ambiq Micro to a "hold" rating in a report on Tuesday. Bank of America began coverage on shares of Ambiq Micro in a report on Monday, August 25th. They issued a "neutral" rating and a $42.00 price objective on the stock. UBS Group began coverage on shares of Ambiq Micro in a report on Monday, August 25th. They issued a "neutral" rating and a $40.00 price objective on the stock. Finally, Needham & Company LLC began coverage on shares of Ambiq Micro in a report on Monday, August 25th. They issued a "buy" rating and a $48.00 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $43.75.

Ambiq Micro Stock Performance

Shares of AMBQ stock opened at $39.50 on Friday. Ambiq Micro has a twelve month low of $32.89 and a twelve 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.

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