Ambiq Micro (NYSE:AMBQ) Coverage Initiated by Analysts at UBS Group

UBS Group began coverage on shares of Ambiq Micro (NYSE:AMBQ) in a report issued on Monday, Marketbeat Ratings reports. The firm issued a neutral rating and a $40.00 price target on the stock.

Separately, Wall Street Zen upgraded shares of Ambiq Micro to a “hold” rating in a research report on Monday, August 11th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.75.

Ambiq Micro Trading Up 0.5%

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.

Ambiq Micro Company Profile

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.