Ambiq Micro (NYSE:AMBQ) Stock Price Up 6% - Time to Buy?

Key Points

• Ambiq Micro's stock price increased by 6%, closing at $35.24 after trading as high as $35.57, but the trading volume was down 82% from its average.
• Analyst ratings are mixed, with two firms issuing a buy rating and three firms giving a hold rating, leading to a consensus rating of Hold and an average price target of $43.75.
• In its recent earnings report, Ambiq Micro beat expectations with earnings per share of ($0.43) and reported revenue of $17.87 million, slightly above the consensus estimate.

Shares of Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) rose 6% on Tuesday . The stock traded as high as $35.57 and last traded at $35.24. Approximately 81,502 shares changed hands during trading, a decline of 82% from the average daily volume of 442,947 shares. The stock had previously closed at $33.24.

Analyst Upgrades and Downgrades

AMBQ has been the subject of several recent research reports. UBS Group initiated coverage on shares of Ambiq Micro in a research note on Monday, August 25th. They set a "neutral" rating and a $40.00 target price for the company. Needham & Company LLC initiated coverage on shares of Ambiq Micro in a research note on Monday, August 25th. They set a "buy" rating and a $48.00 target price for the company. Zacks Research upgraded shares of Ambiq Micro to a "hold" rating in a research note on Tuesday, August 26th. 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 target for the company. Finally, Wall Street Zen lowered shares of Ambiq Micro from a "hold" rating to a "sell" rating in a research report on Saturday, August 30th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Ambiq Micro currently has a consensus rating of "Hold" and an average price target of $43.75.

Ambiq Micro Stock Up 7.3%

Ambiq Micro (NYSE:AMBQ - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The company reported ($0.43) earnings per share for the quarter, beating the consensus estimate of ($0.44) by $0.01. The business had revenue of $17.87 million for 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.

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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