Ambiq Micro (NYSE:AMBQ) Shares Climb 6% - What's Next?

Key Points

• Ambiq Micro shares rose 6% to about $68.69, although trading volume was 67% below the average daily level.
• Analyst sentiment remains mixed: the stock has an average “Hold” rating and an $82.20 price target, with targets ranging from $81 to $125.
• The company remains unprofitable, reporting a quarterly loss of $0.07 per share and negative margins, while insiders sold approximately $15.5 million worth of shares over the past three months.

Ambiq Micro, Inc. (NYSE:AMBQ - Get Free Report) rose 6% during trading on Wednesday. The company traded as high as $68.72 and last traded at $68.6850. Approximately 166,341 shares traded hands during trading, a decline of 67% from the average daily volume of 510,083 shares. The stock had previously closed at $64.81.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMBQ. Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Roth Capital began coverage on shares of Ambiq Micro in a report on Monday, July 13th. They set a "buy" rating and a $125.00 target price on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Ambiq Micro in a research report on Friday. UBS Group set a $85.00 price target on shares of Ambiq Micro in a research note on Wednesday, August 12th. Finally, Needham & Company LLC upped their price target on shares of Ambiq Micro from $70.00 to $85.00 and gave the company a "buy" rating in a research report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $82.20.

Ambiq Micro Stock Up 5.7%

The business's 50-day simple moving average is $63.37 and its 200-day simple moving average is $60.08. The stock has a market cap of $1.66 billion, a PE ratio of -32.36 and a beta of 5.58.

Ambiq Micro (NYSE:AMBQ - Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $33.90 million for the quarter. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%.Ambiq Micro has set its Q3 2026 guidance at -0.200--0.120 EPS. As a group, equities research analysts anticipate that Ambiq Micro, Inc. will post -1.16 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CTO Scott Hanson sold 27,500 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the completion of the transaction, the chief technology officer owned 221,226 shares in the company, valued at $13,229,314.80. This represents a 11.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ker Zhang sold 10,000 shares of the firm's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $63.44, for a total value of $634,400.00. Following the completion of the sale, the director directly owned 20,366 shares of the company's stock, valued at $1,292,019.04. The trade was a 32.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 260,185 shares of company stock valued at $15,523,333 over the last three months. 10.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ambiq Micro

Several institutional investors and hedge funds have recently modified their holdings of AMBQ. California State Teachers Retirement System increased its position in shares of Ambiq Micro by 244.6% during the first quarter. California State Teachers Retirement System now owns 989 shares of the company's stock valued at $25,000 after buying an additional 702 shares during the period. Azimuth Capital Investment Management LLC bought a new stake in Ambiq Micro during the 2nd quarter valued at approximately $234,000. Resolute Advisors LLC purchased a new position in shares of Ambiq Micro during the 2nd quarter worth approximately $265,000. Royal Bank of Canada grew its holdings in shares of Ambiq Micro by 1,332.1% during the 1st quarter. Royal Bank of Canada now owns 11,600 shares of the company's stock worth $295,000 after acquiring an additional 10,790 shares during the period. Finally, Capital Asset Advisory Services LLC bought a new position in shares of Ambiq Micro in the 1st quarter worth approximately $481,000.

Ambiq Micro Company Profile

Ambiq Micro, Inc is a semiconductor company that develops ultra-low-power system-on-chip (SoC) solutions and microcontrollers for edge computing and artificial intelligence applications. Its technology is designed to help battery-powered devices perform data processing locally while extending battery life.

The company's product portfolio includes its Apollo family of low-power microcontrollers and SoCs, as well as solutions that integrate processing, memory, wireless connectivity and AI capabilities.

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