Ambiq Micro (NYSE:AMBQ) Shares Gap Up – Here’s What Happened

Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $32.70, but opened at $33.88. Ambiq Micro shares last traded at $33.37, with a volume of 366,856 shares traded.

Analyst Ratings Changes

AMBQ has been the subject of a number of recent analyst reports. Wall Street Zen raised Ambiq Micro from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. UBS Group cut their price target on Ambiq Micro from $40.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Finally, Weiss Ratings initiated coverage on shares of Ambiq Micro in a research report on Thursday, October 23rd. They set a “sell (e-)” rating for the company. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Ambiq Micro presently has an average rating of “Hold” and an average price target of $41.75.

Check Out Our Latest Report on AMBQ

Ambiq Micro Trading Up 2.2%

The stock has a market capitalization of $611.76 million and a P/E ratio of -1.69. The company’s 50-day moving average is $29.22.

Ambiq Micro (NYSE:AMBQGet Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.39) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.08. Ambiq Micro has set its Q4 2025 guidance at -0.440–0.340 EPS.

Hedge Funds Weigh In On Ambiq Micro

A number of hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new stake in Ambiq Micro in the 3rd quarter worth about $359,000. Kingswood Wealth Advisors LLC acquired a new stake in shares of Ambiq Micro during the 3rd quarter worth approximately $206,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Ambiq Micro during the 3rd quarter worth $30,000. Kornitzer Capital Management Inc. KS acquired a new stake in shares of Ambiq Micro in the 3rd quarter valued at approximately $509,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Ambiq Micro during the third quarter worth $101,000.

Ambiq Micro Company Profile

(Get Free Report)

Ambiq Micro (NYSE: AMBQ) is a semiconductor company specializing in the design and development of ultra-low-power microcontroller units (MCUs) and application-specific integrated circuits (ASICs). The company’s core technology leverages sub-threshold voltage operation to dramatically reduce energy consumption, enabling extended battery life in a broad range of portable and always-on devices. Ambiq’s products are particularly well suited for applications where power efficiency is critical, such as wearable electronics, IoT sensors, medical monitoring equipment, and industrial automation systems.

The company’s flagship product family, the Apollo series of MCUs, offers multi-core architectures, integrated wireless connectivity options, and advanced security features.

Further Reading

Receive News & Ratings for Ambiq Micro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ambiq Micro and related companies with MarketBeat.com's FREE daily email newsletter.