Ambiq Micro (NYSE:AMBQ) Shares Up 13.1% – Time to Buy?

Ambiq Micro, Inc. (NYSE:AMBQ) shot up 13.1% during mid-day trading on Monday. The stock traded as high as $43.68 and last traded at $43.60. 178,875 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 500,884 shares. The stock had previously closed at $38.56.

Key Stories Impacting Ambiq Micro

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

• Positive Sentiment: Third-quarter revenue rose 110% to $38.14 million, while the net loss narrowed. Ambiq reported a loss of $0.05 per share, better than the consensus estimate cited in the earnings report. Ambiq Micro’s Q3 Net Loss Narrows; Revenue Jumps
• Positive Sentiment: Fourth-quarter revenue guidance of $43.5 million to $44.5 million was above the approximately $39.6 million consensus, and the company projected about $140 million in 2026 net sales. Ambiq projects approximately $140M in 2026 net sales
• Negative Sentiment: Stifel lowered its price target from $85 to $70, and Needham cut its target from $85 to $65. Both firms kept Buy ratings, but the reductions may weigh on sentiment. Stifel Nicolaus recommendations Needham recommendations

Analysts Set New Price Targets

A number of research firms recently weighed in on AMBQ. Stifel Nicolaus dropped their price target on shares of Ambiq Micro from $85.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday. UBS Group reduced their price objective 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 lowered their target price on shares of Ambiq Micro from $85.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday. Citigroup reiterated a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ambiq Micro in a research note on Friday, September 25th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $73.71.

Ambiq Micro Stock Up 1.9%

The stock has a market cap of $1.11 billion, a P/E ratio of -21.72 and a beta of 5.66. The stock has a fifty day simple moving average of $57.07 and a 200-day simple moving average of $53.90.

Ambiq Micro (NYSE:AMBQ) last posted its earnings results on Tuesday, November 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $0.27. The company had revenue of $38.14 million during 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 Q4 2026 guidance at -0.090–0.030 EPS. Sell-side analysts anticipate that Ambiq Micro, Inc. will post -1.16 earnings per share for the current year.

Insider Buying and Selling

In other Ambiq Micro news, CEO Fumihide Esaka sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $63.36, for a total value of $3,168,000.00. Following the completion of the sale, the chief executive officer owned 460,460 shares of the company’s stock, valued at approximately $29,174,745.60. This represents a 9.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Sean Chen sold 15,000 shares of the 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 sale, the chief operating officer owned 120,275 shares in the company, valued at approximately $7,233,338.50. This trade represents a 11.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 331,887 shares of company stock valued at $19,995,954 in the last 90 days. 10.00% of the stock is owned by insiders.

Institutional Trading of Ambiq Micro

A number of large investors have recently made changes to their positions in AMBQ. Voya Investment Management LLC raised its stake in Ambiq Micro by 8.6% during the 3rd quarter. Voya Investment Management LLC now owns 3,897 shares of the company’s stock worth $266,000 after buying an additional 307 shares during the period. Drive Wealth Management LLC bought a new position in shares of Ambiq Micro during the 3rd quarter valued at about $477,000. Aberdeen Group plc bought a new position in shares of Ambiq Micro during the 3rd quarter valued at about $1,043,000. Russell Investments Group Ltd. lifted its holdings in shares of Ambiq Micro by 162.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 32,195 shares of the company’s stock valued at $2,195,000 after purchasing an additional 19,927 shares in the last quarter. Finally, Pictet Asset Management Holding SA acquired a new position in shares of Ambiq Micro in the 3rd quarter valued at approximately $275,000.

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.