Ambiq Micro (NYSE:AMBQ) Issues Earnings Results

Ambiq Micro (NYSE:AMBQ) issued its earnings results on Tuesday. The company reported ($0.41) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.52) by $0.11, Zacks reports. Ambiq Micro had a negative net margin of 50.28% and a negative return on equity of 351.35%. Ambiq Micro updated its Q2 2026 guidance to -0.290–0.230 EPS.

Here are the key takeaways from Ambiq Micro’s conference call:

• Ambiq said Q1 net sales of $25.1 million beat guidance and rose 59.3% year over year, with broad-based demand from edge AI customers and a new major customer entering production.
• Management guided Q2 net sales of $31 million to $32 million, implying about 75% year-over-year growth, and said this reflects multiple customer launch ramps and a stronger second-half outlook.
• The company highlighted business diversification, with its three largest customers contributing about 71% of Q1 sales versus 86% a year ago, while non-wearables remain about a quarter of the pipeline and are growing quickly.
• Ambiq is continuing to invest heavily in product development, with R&D up 43.3% and plans to spend roughly $85 million on operating expenses this year, which supports growth but also keeps profitability further out.
• Executives said gross margin should stay roughly flat as yield improvements and Apollo5 scaling are offset by industry-wide cost pressures, while they also acknowledged some demand may be difficult to meet due to short lead times and expediting constraints.

Ambiq Micro Stock Performance

AMBQ traded up $14.40 on Tuesday, reaching $60.07. The company had a trading volume of 1,461,680 shares, compared to its average volume of 365,760. The business has a 50 day simple moving average of $30.68 and a 200 day simple moving average of $29.89. The company has a market cap of $1.28 billion and a price-to-earnings ratio of -1.52. Ambiq Micro has a 52-week low of $22.12 and a 52-week high of $63.30.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Zacks Research upgraded shares of Ambiq Micro from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Needham & Company LLC reissued a “buy” rating on shares of Ambiq Micro in a report on Thursday, March 5th. UBS Group increased their price target on shares of Ambiq Micro from $32.00 to $43.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Wall Street Zen raised shares of Ambiq Micro from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Bank of America reissued a “neutral” rating and issued a $35.00 price target on shares of Ambiq Micro in a report on Thursday, March 5th. 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $43.00.

Institutional Investors Weigh In On Ambiq Micro

Institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets purchased a new stake in Ambiq Micro in the third quarter valued at approximately $28,000. New York State Common Retirement Fund purchased a new stake in Ambiq Micro in the fourth quarter valued at approximately $48,000. JPMorgan Chase & Co. purchased a new stake in Ambiq Micro in the third quarter valued at approximately $56,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Ambiq Micro in the third quarter valued at approximately $65,000. Finally, Rhumbline Advisers purchased a new stake in Ambiq Micro in the third quarter valued at approximately $119,000.

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.