Ambiq Micro (NYSE:AMBQ) Now Covered by Stifel Nicolaus

Key Points

• Stifel Nicolaus has initiated coverage of Ambiq Micro with a "buy" rating and a price target of $45.00, indicating a potential upside of 17.83% from the current stock price.
• Needham & Company also issued a "buy" rating but with a higher target of $48.00, while UBS Group has a "neutral" rating with a target of $40.00.
• The stock opened at $38.19 and has seen a one-year price range from $32.89 to $51.76, reflecting significant volatility.

Analysts at Stifel Nicolaus initiated coverage on shares of Ambiq Micro (NYSE:AMBQ - Get Free Report) in a note issued to investors on Monday. The firm set a "buy" rating and a $45.00 price target on the stock. Stifel Nicolaus' target price would indicate a potential upside of 17.83% from the stock's current price.

Several other brokerages have also commented on AMBQ. Wall Street Zen raised Ambiq Micro to a "hold" rating in a research note on Monday, August 11th. Needham & Company LLC initiated coverage on Ambiq Micro in a research note on Monday. They set a "buy" rating and a $48.00 price target on the stock. Finally, UBS Group initiated coverage on Ambiq Micro in a research note on Monday. They set a "neutral" rating and a $40.00 price target on the stock. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $43.75.

Ambiq Micro Stock Performance

Shares of NYSE AMBQ opened at $38.19 on Monday. Ambiq Micro has a one year low of $32.89 and a one year 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.

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