# Ambiq Micro (AMBQ.US)

Canonical: https://gigainvestors.com/s/AMBQ

Analysis as of: 2026-10-16T07:26:26.750Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $52.08 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Matthew McLennan](https://gigainvestors.com/FE): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 41% since Jun 2026

Story as of 2026-10-16T10:01:29.177Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in semiconductors; annual sales are USD 72.5 million.

- Source: https://www.sec.gov/Archives/edgar/data/1500412/000119312526094004/ambq-20251231.htm (filed 2026-03-05); FY2025: revenue 72514000; grossProfit 25695000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); AMBQ.US: Ambiq Micro, Inc. provides ultra-low-power semiconductor solutions in the United States, Europe, Asia, and internationally. It develops sub-threshold power-optimized technology (SPOT) platform which is designed to reduce power consumption of battery- and wireline-powered devices alike. The company's flagship products include Apollo family of products which pair rich peripheral sets with host processors capable of software-based AI computations or vector-accelerated AI computations; and Atomiq, targeting AI applications to provide AI acceleration along with new memory innovations. It also provides AmbiqSuite Software Development Kit (SDK), which provides firmware and drivers required to operate systems-on-chips (SoC); software modules, such as graphiqSPOT for graphics and display management, blueSPOT for Bluetooth communications, secureSPOT for managing security, and others; and AI enablement software. The company serves various markets requiring on-device and real-time AI, including smartwatches and fitness trackers, augmented and virtual reality (AR/VR) glasses, smart rings, digital health monitors, security systems and access control, livestock tracking, crop monitoring, and factory automation. It offers its products through internal direct sales force, and through a network of distributors and sales representatives. The company was formerly known as Cubiq Microchip, Inc. and changed its name to Ambiq Micro, Inc. in October 2012. The company was incorporated in 2010 and is based in Austin, Texas.

### Where the cash goes

Paid no dividends in 1 year.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-05); Dividend observations: [[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 4.9% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); AMBQ.US SharesStats.PercentInsiders = 4.859 percentage points; cache date 2026-10-15.

### What could break it

Historically, our sales were significantly concentrated with end customers in Mainland China.

- Source: https://www.sec.gov/Archives/edgar/data/1500412/000119312526094004/ambq-20251231.htm (filed 2026-03-05); Geographical Concentration As we focus on creating meaningful benefits to our end customers for their edge AI capabilities, we are shifting our geographic concentration. Historically, our sales were significantly concentrated with end customers in Mainland China. Given geopolitical concerns, subsidized competitors creating a price sensitive environment in Mainland China and our desire to service new markets in medical/healthcare, industrial edge, and smart home and buildings, we continue to prioritize our management and sales efforts toward other meaningful geographies.

### What the price says

The price is 5.7 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-05); Closing price 52.08 USD; reporting-to-trading FX 1; FY2025 annual sales per share 9.0899746281978; price multiple 5.729388929034394. FY2025 cash earnings/share -4.599140567806893. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-07: $43.85 per share

- 2025-08: $39.71 per share

- 2025-09: $29.92 per share

- 2025-10: $30.56 per share

- 2025-11: $24.51 per share

- 2025-12: $28.50 per share

- 2026-01: $30.39 per share

- 2026-02: $30.70 per share

- 2026-03: $25.41 per share

- 2026-04: $37.48 per share

- 2026-05: $79.66 per share

- 2026-06: $88.30 per share

- 2026-07: $63.59 per share

- 2026-08: $58.31 per share

- 2026-09: $68.17 per share

- 2026-10: $52.08 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1500412/000119312526094004/ambq-20251231.htm); period 2025-12-31, filed 2026-03-05.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.