Ambiq Micro (NYSE:AMBQ) Hits New 12-Month High Following Better-Than-Expected Earnings

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

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. 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. Northland Securities started coverage on shares of Ambiq Micro in a report on Tuesday, April 21st. They issued an “outperform” rating and a $44.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating on shares of Ambiq Micro in a research note on Thursday, March 5th. UBS Group raised their target price on shares of Ambiq Micro from $32.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. 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 analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $43.00.

Hedge Funds Weigh In On Ambiq Micro

Large investors have recently modified their holdings of the stock. Monashee Investment Management LLC acquired a new stake in shares of Ambiq Micro during the 3rd quarter valued at approximately $5,984,000. Fortress Investment Group LLC bought a new stake in Ambiq Micro during the third quarter valued at $4,488,000. First Eagle Investment Management LLC bought a new stake in Ambiq Micro during the third quarter valued at $1,762,000. Atreides Management LP acquired a new stake in shares of Ambiq Micro during the third quarter worth $20,474,000. Finally, KADENSA CAPITAL Ltd bought a new position in shares of Ambiq Micro in the 3rd quarter worth about $11,818,000.

Ambiq Micro Stock Performance

The company’s fifty day moving average price is $30.68 and its 200 day moving average price is $29.89. The firm has a market capitalization of $1.28 billion and a price-to-earnings ratio of -1.50.

About Ambiq Micro

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.