Ambiq Micro (NYSE:AMBQ) Shares Down 6.3% - Should You Sell?

Key Points

• Ambiq Micro's shares fell by 6.3%, closing at $34.26 after trading as low as $34.00, with a volume decline of 74% compared to its average session.
• Recent analysis led to mixed ratings, with two analysts issuing a "Buy" rating and three giving a "Hold" rating, leading to an average target price of $43.75.
• In its latest earnings report, Ambiq Micro reported a loss of ($0.43) earnings per share, surpassing expectations, while revenue was $17.87 million, slightly above the consensus estimate.

Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report)'s stock price traded down 6.3% during trading on Friday . The stock traded as low as $34.00 and last traded at $34.26. 106,242 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 416,513 shares. The stock had previously closed at $36.57.

Analysts Set New Price Targets

Several research analysts have commented 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 target for the company. Wall Street Zen cut shares of Ambiq Micro from a "hold" rating to a "sell" rating in a research report on Saturday, August 30th. Bank of America started coverage on shares of Ambiq Micro in a research report on Monday, August 25th. They set a "neutral" rating and a $42.00 price objective on the stock. Stifel Nicolaus started coverage on shares of Ambiq Micro in a research report on Monday, August 25th. They issued a "buy" rating and a $45.00 target price on the stock. Finally, Needham & Company LLC started coverage on shares of Ambiq Micro in a research report on Monday, August 25th. They issued a "buy" rating and a $48.00 target price on the stock. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $43.75.

Ambiq Micro Price Performance

Ambiq Micro (NYSE:AMBQ - Get Free Report) last announced its earnings results on Thursday, September 4th. The company reported ($0.43) EPS for the quarter, beating analysts' consensus estimates of ($0.44) by $0.01. The business had revenue of $17.87 million for the quarter, compared to analysts' expectations of $17.70 million. Ambiq Micro has set its Q3 2025 guidance at -0.350--0.280 EPS.

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.