Ambiq Micro Gets Buy Rating from Stifel with $45 Price Target.

Ambiq Micro Gets Buy Rating from Stifel with $45 Price Target.

Wall Street analysts have initiated coverage of Ambiq Micro (NYSE: AMBQ), a low-power chipmaker, following its initial public offering (IPO) in July. The Austin-based company, known for its ultra-low-power processors, has drawn mixed views from analysts due to its strong positioning in the edge AI market and the lengthy path to profitability.

Stifel launched coverage with a Buy rating and a $45 price target, highlighting Ambiq's proprietary "SPOT" platform as a key differentiator. "Based on SPOT’s unique ability to deliver materially better compute performance/watt at the transistor level, we believe Ambiq is positioned to become a key beneficiary of the rapidly-emerging Edge AI market opportunity," analysts led by Tore Svanberg wrote [1].

Stifel expects a revenue inflection in 2026, supported by the forthcoming Atomiq platform and a broader customer base. Ambiq Micro debuted on the New York Stock Exchange last month, closing more than 60% higher after raising $96 million in its IPO. The stock has since settled back near its debut levels, currently trading at $38.5 [1].

Other analysts were more cautious. UBS initiated at Neutral with a $40 price target, citing the company’s strong positioning in wearables but warning that "profitability will take time with Ambiq only turning profitable in 2028E and even this keyed to the launch of Atomiq" [2]. Bank of America also began coverage at Neutral with a $42 target, calling Ambiq a "low-power edge-AI specialist 3+ years from profit" [3].

Analysts agree that Ambiq holds valuable IP that could secure a larger role in edge computing. Its chips offer 2-5x power savings over traditional designs, a critical advantage for battery-powered devices. Longer term, the company aims to expand beyond wearables into industrial, healthcare, automotive, and data center applications [1][2][3].

The mixed initiation reflects investor expectations. Analysts see strong technology with a clear edge in AI-related markets, but caution that financial returns are likely still years away.

References:

[1] https://www.investing.com/news/stock-market-news/wall-street-starts-coverage-on-this-key-edge-ai-beneficiary-after-ipo-4208899
[2] https://uk.finance.yahoo.com/news/wall-street-starts-coverage-key-130207614.html
[3] https://seekingalpha.com/news/4488690-ambiq-micro-in-spotlight-as-several-banks-start-coverage