Ambiq Micro (NYSE:AMBQ) Announces Quarterly Earnings Results

by · The Cerbat Gem

Ambiq Micro (NYSE:AMBQ – Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.41) EPS for the quarter, topping the consensus estimate of ($0.52) by $0.11, Zacks reports. Ambiq Micro had a negative return on equity of 351.35% and a negative net margin of 50.28%. 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 Up 30.8%

AMBQ traded up $14.09 during trading on Tuesday, reaching $59.76. The company’s stock had a trading volume of 1,548,695 shares, compared to its average volume of 366,665. The firm has a fifty day simple moving average of $30.68 and a two-hundred day simple moving average of $29.89. Ambiq Micro has a 1 year low of $22.12 and a 1 year high of $63.30. The company has a market cap of $1.28 billion and a price-to-earnings ratio of -1.51.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. purchased a new stake in Ambiq Micro in the 3rd quarter valued at $13,050,000. Franklin Resources Inc. lifted its holdings in shares of Ambiq Micro by 2,474.3% in the 4th quarter. Franklin Resources Inc. now owns 307,887 shares of the company’s stock worth $8,775,000 after acquiring an additional 295,927 shares during the last quarter. Vanguard Group Inc. acquired a new position in shares of Ambiq Micro in the 3rd quarter worth approximately $9,210,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Ambiq Micro in the 3rd quarter worth approximately $8,201,000. Finally, Wasatch Advisors LP lifted its holdings in shares of Ambiq Micro by 49.6% in the 4th quarter. Wasatch Advisors LP now owns 217,512 shares of the company’s stock worth $6,199,000 after acquiring an additional 72,086 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Bank of America reiterated a “neutral” rating and issued a $35.00 target price on shares of Ambiq Micro in a research report on Thursday, March 5th. Needham & Company LLC reissued a “buy” rating on shares of Ambiq Micro in a report on Thursday, March 5th. Zacks Research upgraded Ambiq Micro from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Northland Securities started coverage on Ambiq Micro in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $44.00 price objective for the company. Finally, Wall Street Zen raised Ambiq Micro from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Three 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. Based on data from MarketBeat, Ambiq Micro currently has a consensus rating of “Hold” and a consensus target price of $43.00.

View Our Latest Analysis on AMBQ

Ambiq Micro Company Profile

(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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