Ambiq Micro (NYSE:AMBQ) Hits New 1-Year High Following Better-Than-Expected Earnings

Ambiq Micro, Inc. (NYSE:AMBQ) shares hit a new 52-week high on Tuesday after the company announced better than expected quarterly earnings. The company traded as high as $57.19 and last traded at $57.0690, with a volume of 465400 shares changing hands. The stock had previously closed at $45.67.

The company reported ($0.41) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.52) by $0.11. Ambiq Micro had a negative net margin of 50.28% and a negative return on equity of 351.35%. Ambiq Micro has set its Q2 2026 guidance at -0.290–0.230 EPS.

Analysts Set New Price Targets

Several equities analysts recently weighed in on AMBQ shares. Bank of America reaffirmed a “neutral” rating and issued a $35.00 price objective on shares of Ambiq Micro in a research note on Thursday, March 5th. UBS Group increased their target price on Ambiq Micro from $32.00 to $43.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Needham & Company LLC reaffirmed a “buy” rating on shares of Ambiq Micro in a research note on Thursday, March 5th. Northland Securities started coverage on Ambiq Micro in a research report on Tuesday, April 21st. They set an “outperform” rating and a $44.00 price objective for the company. Finally, Wall Street Zen upgraded shares of Ambiq Micro from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $43.00.

Institutional Investors Weigh In On Ambiq Micro

A number of hedge funds and other institutional investors have recently made changes to their positions in AMBQ. BNP Paribas Financial Markets purchased a new position in Ambiq Micro during the third quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Ambiq Micro during the 3rd quarter valued at about $30,000. New York State Common Retirement Fund acquired a new position in shares of Ambiq Micro during the 4th quarter valued at about $48,000. JPMorgan Chase & Co. purchased a new position in shares of Ambiq Micro during the 3rd quarter worth about $56,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Ambiq Micro in the third quarter worth approximately $65,000.

Ambiq Micro Stock Up 30.8%

The business’s fifty day moving average is $30.68 and its 200-day moving average is $29.89. The stock has a market capitalization of $1.28 billion and a PE ratio of -1.50.

Ambiq Micro Company Profile

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.