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

Shares of Ambiq Micro, Inc. (NYSE:AMBQGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $33.02, but opened at $32.00. Ambiq Micro shares last traded at $32.68, with a volume of 39,506 shares changing hands.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on AMBQ

Ambiq Micro Stock Up 2.2%

The company has a 50-day moving average of $29.22. The stock has a market cap of $611.86 million and a PE ratio of -1.69.

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

Institutional Trading of Ambiq Micro

A number of hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets acquired a new position in shares of Ambiq Micro during the 3rd quarter worth approximately $28,000. Whittier Trust Co. of Nevada Inc. purchased a new position in Ambiq Micro during the third quarter worth approximately $30,000. JPMorgan Chase & Co. acquired a new position in Ambiq Micro during the third quarter worth $56,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Ambiq Micro during the third quarter worth $65,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Ambiq Micro in the 3rd quarter valued at $101,000.

About Ambiq Micro

(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.

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