Ambiq Micro (NYSE:AMBQ) Coverage Initiated by Analysts at Stifel Nicolaus

Stifel Nicolaus started coverage on shares of Ambiq Micro (NYSE:AMBQ) in a report published on Monday, MarketBeat.com reports. The firm issued a buy rating and a $45.00 target price on the stock.

Other research analysts have also issued research reports about the company. UBS Group assumed coverage on Ambiq Micro in a research report on Monday. They set a “neutral” rating and a $40.00 price target on the stock. Wall Street Zen raised shares of Ambiq Micro to a “hold” rating in a report on Monday, August 11th. Finally, Needham & Company LLC began coverage on shares of Ambiq Micro in a research report on Monday. They issued a “buy” rating and a $48.00 price target for the company. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $43.75.

Ambiq Micro Stock Performance

Shares of AMBQ stock opened at $38.68 on Monday. Ambiq Micro has a 1 year low of $32.89 and a 1 year high of $51.76.

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.