Ambiq Micro (NYSE:AMBQ) Price Target Cut to $70.00 by Analysts at Stifel Nicolaus

Key Points

• Stifel Nicolaus cut its Ambiq Micro price target from $85 to $70 but maintained a Buy rating; the new target implies 55.42% upside from the prior close.
• Analyst views are mixed: five rate the stock Buy, four Hold, and one Sell. MarketBeat’s consensus rating is Hold, with an average price target of $73.71.
• Ambiq reported $38.14 million in quarterly revenue and a loss of $0.05 per share, beating estimates; however, it remains unprofitable, with negative net margin and return on equity.

Ambiq Micro (NYSE:AMBQ - Get Free Report) had its price objective lowered by research analysts at Stifel Nicolaus from $85.00 to $70.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Stifel Nicolaus's price objective points to a potential upside of 55.42% from the company's previous close.

AMBQ has been the topic of a number of other research reports. UBS Group cut their target price on shares of Ambiq Micro from $73.00 to $50.00 and set a "neutral" rating on the stock in a research note on Monday, November 2nd. Needham & Company LLC upped their price target on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Citigroup reiterated a "neutral" rating on shares of Ambiq Micro in a report on Tuesday, August 11th. Weiss Ratings restated a "sell (d-)" rating on shares of Ambiq Micro in a research note on Friday, September 25th. Finally, Jefferies Financial Group began coverage on Ambiq Micro in a research report on Wednesday, October 7th. They issued a "buy" rating and a $90.00 target price for the company. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $73.71.

Ambiq Micro Stock Down 1.6%

NYSE AMBQ opened at $45.04 on Wednesday. Ambiq Micro has a 1-year low of $22.12 and a 1-year high of $91.61. The business's 50-day simple moving average is $57.07 and its 200-day simple moving average is $53.90.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last posted its earnings results on Tuesday, November 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.32) by $0.27. The firm had revenue of $38.14 million during the quarter. Ambiq Micro had a negative net margin of 37.77% and a negative return on equity of 11.85%. Ambiq Micro has set its Q4 2026 guidance at -0.090--0.030 EPS. On average, equities research analysts predict that Ambiq Micro will post -1.16 EPS for the current year.

Insider Activity

In related news, CTO Scott Hanson sold 27,500 shares of Ambiq Micro stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the sale, the chief technology officer owned 221,226 shares of the company's stock, valued at $13,229,314.80. The trade was a 11.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Sean Chen sold 15,000 shares of the business's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $60.14, for a total transaction of $902,100.00. Following the completion of the transaction, the chief operating officer owned 120,275 shares in the company, valued at $7,233,338.50. This represents a 11.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 331,887 shares of company stock worth $19,995,954. 10.00% of the stock is currently owned by company insiders.

Institutional Trading of Ambiq Micro

Several large investors have recently modified their holdings of the business. Atreides Management LP lifted its stake in shares of Ambiq Micro by 23.8% in the first quarter. Atreides Management LP now owns 862,175 shares of the company's stock worth $21,908,000 after acquiring an additional 165,755 shares in the last quarter. Polar Asset Management Partners Inc. grew its stake in Ambiq Micro by 671.8% during the 1st quarter. Polar Asset Management Partners Inc. now owns 201,335 shares of the company's stock valued at $5,116,000 after purchasing an additional 175,247 shares in the last quarter. Wellington Management Group LLP purchased a new stake in Ambiq Micro during the 2nd quarter worth approximately $14,847,000. Roubaix Capital LLC purchased a new stake in Ambiq Micro during the 1st quarter worth approximately $3,197,000. Finally, Monashee Investment Management LLC increased its holdings in Ambiq Micro by 21.9% during the 1st quarter. Monashee Investment Management LLC now owns 103,756 shares of the company's stock worth $2,636,000 after purchasing an additional 18,667 shares during the last quarter.

Ambiq Micro News Summary

Here are the key news stories impacting Ambiq Micro this week:

• Positive Sentiment: Third-quarter revenue rose about 110% year over year to $38.14 million. The loss narrowed to $0.05 per share from $0.22 a year earlier, and the result beat analyst expectations. Ambiq Micro's Q3 Net Loss Narrows; Revenue Jumps
• Positive Sentiment: Ambiq forecast fourth-quarter revenue of $43.5 million to $44.5 million, above the $39.6 million analyst consensus, and projected approximately $140 million in 2026 net sales. Its fourth-quarter EPS guidance also reaches a smaller loss than the consensus at the midpoint. Ambiq projects approximately $140M in 2026 net sales
• Negative Sentiment: Despite the improvement, the company continues to report losses, with a negative net margin and negative return on equity. Investors may be looking for clearer progress toward sustained profitability. Ambiq Micro reports third-quarter results

Ambiq Micro Company Profile

Ambiq Micro is a semiconductor company that develops ultra-low-power systems-on-chip and related technology for battery-powered devices. Its products are designed to help devices process data while using less energy, supporting applications that require extended battery life. The company's offerings include Apollo microcontroller and system-on-chip products, along with software and development tools. Ambiq's Subthreshold Power Optimized Technology (SPOT) is designed to reduce power consumption, including in devices that run artificial intelligence workloads at the edge.

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