Ambiq Micro (NYSE:AMBQ) Shares Gap Up Following Earnings Beat

Shares of Ambiq Micro, Inc. (NYSE:AMBQ) gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $45.24, but opened at $49.34. Ambiq Micro shares last traded at $46.5420, with a volume of 47,606 shares traded.

The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.27. The company had revenue of $38.14 million for the quarter. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%. Ambiq Micro has set its Q4 2026 guidance at -0.090–0.030 EPS.

Latest Ambiq Micro News

Here’s some of the latest news about AMBQ:

• Positive Sentiment: Third-quarter revenue rose 110% to $38.14 million, while the net loss narrowed. Ambiq reported a loss of $0.05 per share, better than the consensus estimate cited in the earnings report. Ambiq Micro’s Q3 Net Loss Narrows; Revenue Jumps
• Positive Sentiment: Fourth-quarter revenue guidance of $43.5 million to $44.5 million was above the approximately $39.6 million consensus, and the company projected about $140 million in 2026 net sales. Ambiq projects approximately $140M in 2026 net sales
• Negative Sentiment: Stifel lowered its price target from $85 to $70, and Needham cut its target from $85 to $65. Both firms kept Buy ratings, but the reductions may weigh on sentiment. Stifel Nicolaus recommendations Needham recommendations

Analysts Set New Price Targets

AMBQ has been the topic of a number of recent research reports. Stifel Nicolaus reduced their target price on shares of Ambiq Micro from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday. Citigroup reissued a “neutral” rating on shares of Ambiq Micro in a research report on Tuesday, August 11th. Jefferies Financial Group began coverage on shares of Ambiq Micro in a research report on Wednesday, October 7th. They set a “buy” rating and a $90.00 price target for the company. UBS Group dropped their price objective on shares of Ambiq Micro from $73.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, November 2nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ambiq Micro in a report on Friday, September 25th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Ambiq Micro currently has a consensus rating of “Hold” and an average price target of $73.71.

Insider Buying and Selling at Ambiq Micro

In other Ambiq Micro news, COO Sean Chen sold 15,000 shares of Ambiq Micro stock in a transaction on Monday, September 14th. The stock was sold at an average price of $60.14, for a total transaction of $902,100.00. Following the completion of the transaction, the chief operating officer owned 120,275 shares in the company, valued at approximately $7,233,338.50. The trade was a 11.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Fumihide Esaka sold 50,000 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $63.36, for a total value of $3,168,000.00. Following the completion of the sale, the chief executive officer directly owned 460,460 shares in the company, valued at $29,174,745.60. This trade represents a 9.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 331,887 shares of company stock worth $19,995,954. 10.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Ambiq Micro

A number of hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System grew its position in Ambiq Micro by 244.6% during the 1st quarter. California State Teachers Retirement System now owns 989 shares of the company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Ambiq Micro in the third quarter worth approximately $32,000. Sterling Capital Management LLC grew its holdings in shares of Ambiq Micro by 953.8% during the third quarter. Sterling Capital Management LLC now owns 685 shares of the company’s stock valued at $47,000 after buying an additional 620 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of Ambiq Micro by 27.0% during the third quarter. SBI Securities Co. Ltd. now owns 2,654 shares of the company’s stock valued at $181,000 after buying an additional 564 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new stake in shares of Ambiq Micro during the third quarter valued at approximately $209,000.

Ambiq Micro Price Performance

The company has a market cap of $1.14 billion, a P/E ratio of -22.25 and a beta of 5.66. The company’s 50-day moving average is $57.07 and its two-hundred day moving average is $53.90.

Ambiq Micro Company Profile

Ambiq Micro is a semiconductor company that develops ultra-low-power systems-on-chip and related technology for battery-powered devices. Its products are designed to help devices process data while using less energy, supporting applications that require extended battery life. The company’s offerings include Apollo microcontroller and system-on-chip products, along with software and development tools. Ambiq’s Subthreshold Power Optimized Technology (SPOT) is designed to reduce power consumption, including in devices that run artificial intelligence workloads at the edge.