Ambiq Micro (NYSE:AMBQ) Now Covered by Analysts at Bank of America

Bank of America began coverage on shares of Ambiq Micro (NYSE:AMBQ) in a research note published on Monday morning, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $42.00 price objective on the stock.

A number of other equities analysts also recently commented on the stock. Wall Street Zen raised shares of Ambiq Micro to a “hold” rating in a research note on Monday, August 11th. UBS Group initiated coverage on Ambiq Micro in a report on Monday. They issued a “neutral” rating and a $40.00 price target for the company. Stifel Nicolaus started coverage on Ambiq Micro in a research report on Monday. They issued a “buy” rating and a $45.00 price objective on the stock. Finally, Needham & Company LLC initiated coverage on Ambiq Micro in a research report on Monday. They issued a “buy” rating and a $48.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ambiq Micro currently has an average rating of “Moderate Buy” and an average price target of $43.75.

Ambiq Micro Stock Up 0.5%

AMBQ 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.