Shares of Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $28.83 and last traded at $29.69, with a volume of 352077 shares traded. The stock had previously closed at $30.40.
Analysts Set New Price Targets
AMBQ has been the topic of a number of recent analyst reports. Wall Street Zen lowered Ambiq Micro from a "hold" rating to a "sell" rating in a research report on Saturday, August 30th. UBS Group initiated coverage on Ambiq Micro in a research report on Monday, August 25th. They issued a "neutral" rating and a $40.00 price objective on the stock. Bank of America started coverage on Ambiq Micro in a research report on Monday, August 25th. They issued a "neutral" rating and a $42.00 price objective on the stock. Stifel Nicolaus started coverage on Ambiq Micro in a research report on Monday, August 25th. They set a "buy" rating and a $45.00 price target on the stock. Finally, Zacks Research upgraded Ambiq Micro to a "hold" rating in a research report on Tuesday, August 26th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $43.75.
View Our Latest Stock Analysis on AMBQ
Ambiq Micro Price Performance
Ambiq Micro (NYSE:AMBQ - Get Free Report) last released its earnings results on Thursday, September 4th. The company reported ($0.43) EPS for the quarter, topping the consensus estimate of ($0.44) by $0.01. The company had revenue of $17.87 million during the quarter, compared to the consensus estimate of $17.70 million. Ambiq Micro has set its Q3 2025 guidance at -0.350--0.280 EPS.
Ambiq Micro Company Profile
(
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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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