Ambiq Micro (AMBQ)
Market Price (9/23/2026): $71.03 | Market Cap: $1.5 BilSector: Information Technology | Industry: Semiconductors
Ambiq Micro (AMBQ)
Market Price (9/23/2026): $71.03Market Cap: $1.5 BilSector: Information TechnologyIndustry: Semiconductors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -23% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 32% Megatrend and thematic driversMegatrends include Artificial Intelligence, and Digital Health & Telemedicine. Themes include Edge AI, Wearable Health Devices, Show more. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -42 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -43% Stock price has recently run up significantly6M Rtn6 month market price return is 180%, 12M Rtn12 month market price return is 122% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -41% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 149% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.5% Key risksAMBQ key risks include [1] slowing revenue growth and persistent operating losses, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -23% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 32% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and Digital Health & Telemedicine. Themes include Edge AI, Wearable Health Devices, Show more. |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -42 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -43% |
| Stock price has recently run up significantly6M Rtn6 month market price return is 180%, 12M Rtn12 month market price return is 122% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -41% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 149% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.5% |
| Key risksAMBQ key risks include [1] slowing revenue growth and persistent operating losses, Show more. |
Qualitative Assessment
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Ambiq Micro (AMBQ) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Share Dilution from Upsized Public Offering. Ambiq Micro completed an upsized public offering on June 25, 2026, selling 2,300,000 shares of its common stock at a price of $78.00 per share, including the full exercise of underwriters' option, which generated gross proceeds of $179.4 million and net proceeds of approximately $167.9 million. This offering led to significant shareholder dilution, with outstanding shares increasing from roughly 18.3 million at the end of fiscal year 2025 to over 24.1 million by the end of fiscal Q2 2026. This dilution likely contributed to downward pressure on the stock price.
2. Persistent Unprofitability Despite Revenue Growth and Increased Stock-Based Compensation. Despite reporting a robust 90% year-over-year increase in net sales to $33.9 million for fiscal Q2 2026, Ambiq Micro continued to report a GAAP net loss of $7.12 million and a non-GAAP diluted earnings per share (EPS) loss of -$0.07. Furthermore, fiscal Q3 2026 guidance projected a wider non-GAAP loss per share between $0.12 and $0.20. A notable factor impacting profitability was the significant rise in stock-based compensation, which surged from $765,000 in fiscal Q2 2025 to nearly $3.5 million in fiscal Q2 2026.
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Ambiq Micro (AMBQ) stock has lost about 10% since 5/31/2026 because of the following key factors:
1. Share Dilution from Upsized Public Offering. Ambiq Micro completed an upsized public offering on June 25, 2026, selling 2,300,000 shares of its common stock at a price of $78.00 per share, including the full exercise of underwriters' option, which generated gross proceeds of $179.4 million and net proceeds of approximately $167.9 million. This offering led to significant shareholder dilution, with outstanding shares increasing from roughly 18.3 million at the end of fiscal year 2025 to over 24.1 million by the end of fiscal Q2 2026. This dilution likely contributed to downward pressure on the stock price.
2. Persistent Unprofitability Despite Revenue Growth and Increased Stock-Based Compensation. Despite reporting a robust 90% year-over-year increase in net sales to $33.9 million for fiscal Q2 2026, Ambiq Micro continued to report a GAAP net loss of $7.12 million and a non-GAAP diluted earnings per share (EPS) loss of -$0.07. Furthermore, fiscal Q3 2026 guidance projected a wider non-GAAP loss per share between $0.12 and $0.20. A notable factor impacting profitability was the significant rise in stock-based compensation, which surged from $765,000 in fiscal Q2 2025 to nearly $3.5 million in fiscal Q2 2026.
3. Valuation Concerns and Profit-Taking Following a Significant Price Surge. The stock experienced an all-time high of $91.61 on June 18, 2026, following a substantial run-up of 74% over the prior year. After this peak, some institutional investors began exiting their positions, suggesting that the stock was perceived to have reached a "rich valuation," leading to profit-taking and a re-evaluation of its growth potential relative to its elevated price.
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Stock Movement Drivers
Fundamental Drivers
The -10.8% change in AMBQ stock from 5/31/2026 to 9/22/2026 was primarily driven by a -20.5% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 79.66 | 71.05 | -10.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 82 | 98 | 19.6% |
| P/S Multiple | 19.9 | 15.8 | -20.5% |
| Shares Outstanding (Mil) | 20 | 22 | -6.2% |
| Cumulative Contribution | -10.8% |
Market Drivers
5/31/2026 to 9/22/2026| Return | Correlation | |
|---|---|---|
| AMBQ | -10.8% | |
| Market (SPY) | 2.5% | 60.0% |
| Sector (XLK) | 2.9% | 79.7% |
Fundamental Drivers
The 131.4% change in AMBQ stock from 2/28/2026 to 9/22/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282026 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 30.70 | 71.05 | 131.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 98 | 0.0% |
| P/S Multiple | � | 15.8 | 0.0% |
| Shares Outstanding (Mil) | 14 | 22 | -37.4% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2026 to 9/22/2026| Return | Correlation | |
|---|---|---|
| AMBQ | 131.4% | |
| Market (SPY) | 13.3% | 46.9% |
| Sector (XLK) | 41.8% | 53.3% |
Fundamental Drivers
The 78.9% change in AMBQ stock from 8/31/2025 to 9/22/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 9222026 | Change |
|---|---|---|---|
| Stock Price ($) | 39.71 | 71.05 | 78.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 98 | 0.0% |
| P/S Multiple | � | 15.8 | 0.0% |
| Shares Outstanding (Mil) | 14 | 22 | -37.4% |
| Cumulative Contribution | 0.0% |
Market Drivers
8/31/2025 to 9/22/2026| Return | Correlation | |
|---|---|---|
| AMBQ | 78.9% | |
| Market (SPY) | 21.2% | 46.6% |
| Sector (XLK) | 50.4% | 50.5% |
Fundamental Drivers
nullnull
Market Drivers
8/31/2023 to 9/22/2026| Return | Correlation | |
|---|---|---|
| AMBQ | ||
| Market (SPY) | 78.3% | 45.5% |
| Sector (XLK) | 127.9% | 48.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AMBQ Return | - | - | - | - | -26% | 149% | 85% |
| Peers Return | 29% | -26% | 14% | 1% | -2% | 41% | 51% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 107% |
Monthly Win Rates [3] | |||||||
| AMBQ Win Rate | - | - | - | - | 50% | 67% | |
| Peers Win Rate | 58% | 32% | 55% | 42% | 48% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| AMBQ Max Drawdown | - | - | - | - | - | -38% | |
| Peers Max Drawdown | -24% | -38% | -36% | -32% | -42% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SLAB, NXPI, MCHP, TXN, CEVA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/22/2026 (YTD)
How Low Can It Go
AMBQ has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
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AMBQ has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Ambiq Micro (AMBQ)
Ambiq Micro (AMBQ) is a leading provider of ultra-low power semiconductor solutions, dedicated to enabling artificial intelligence (AI) and general computing everywhere, particularly at the edge where power consumption challenges are most acute. The company’s core innovation is its proprietary Sub-threshold Power Optimized Technology (SPOT) platform. This groundbreaking chip design fundamentally reduces power consumption by two to five times compared to traditional integrated circuits, without requiring expensive manufacturing processes, thereby extending battery life and facilitating new AI applications in compact devices.
The company provides a comprehensive, full-stack solution that includes a diverse family of Systems-on-Chip (SoCs) alongside the necessary software. These ultra-low power SoCs are designed to enable a wide range of on-chip functionalities, such as AI processing, general compute, sensing, security, storage, wireless connectivity, and advanced graphics. By delivering compute at a fraction of the power consumed by competitors, Ambiq Micro’s solutions allow edge devices to perform real-time AI-powered features like speech recognition, image processing, and health tracking locally, enhancing data privacy, efficiency, and real-time decision-making.
Ambiq Micro’s solutions serve a broad array of markets requiring on-device and real-time AI. Its primary customers are found in personal devices (e.g., smartwatches, AR/VR glasses), medical/healthcare (e.g., digital health monitors), industrial edge (e.g., factory automation, livestock tracking), and smart home and building markets. The company focuses its sales and marketing efforts on end customers in target geographies including the United States, Europe, and Asia (excluding Mainland China), with long-term plans to expand its ultra-low power technology into high-performance compute applications like AI data centers and automotive.
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- The Nvidia for ultra-low power AI chips at the edge.
- The Qualcomm for highly efficient, battery-powered AI devices.
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- Ultra-low Power Systems-on-Chip (SoCs): These are semiconductor chips designed with proprietary SPOT technology to provide significantly reduced power consumption for AI and general compute applications at the edge.
- Integrated Software Solutions: This software suite is provided alongside their SoCs to enable on-chip AI processing, general compute, sensing, security, storage, wireless connectivity, and advanced graphics.
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Ambiq Micro (AMBQ) primarily sells its ultra-low power semiconductor solutions (Systems-on-Chip or SoCs and associated software) to other companies (Business-to-Business, B2B) who integrate these components into their final products. The company's solutions are designed for device manufacturers creating products for various markets that require on-device and real-time AI and high power efficiency.
Based on the provided company description, Ambiq Micro's customers are manufacturers of devices in the following categories:
- Personal Devices: Manufacturers of products such as smartwatches, fitness trackers, augmented and virtual reality (AR/VR) glasses, and smart rings.
- Medical/Healthcare Devices: Companies developing digital health monitors.
- Industrial Edge & Smart Home/Building: Manufacturers involved in security systems and access control, livestock tracking, crop monitoring, factory automation, and smart home/building devices.
The provided company description does not, however, identify the specific names of Ambiq Micro's major customer companies.
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Ambiq Micro Management Team
Fumihide Esaka, Chief Executive Officer and Director
Fumihide Esaka has over 20 years of senior management experience in the semiconductor industry. Prior to joining Ambiq Micro in December 2015, he held CEO roles at Nihon Inter Electronics Corp. (from 2011 to 2013) and Transphorm Inc. (from 2013 to 2015). Mr. Esaka also served as a Vice President at International Rectifier, joining in 1995, and spent six years as a manager at Accenture. He holds a BA in Electrical Engineering and Computer Science from the University of California, San Diego.
Jeffrey G. Winzeler, Chief Financial Officer and Principal Accounting Officer
Jeffrey G. Winzeler possesses over 20 years of experience as a CFO and COO within the semiconductor and renewable energy industries. He has successfully led global finance teams at both private and public startups, including Kandou AI, Everspin Technologies, Avnera, Rackwise, Solar Power Incorporated, and International DisplayWorks. Throughout his career, Mr. Winzeler has raised over $1 billion in equity and debt financing.
Scott Hanson, Founder, Chief Technology Officer and Director
Scott Hanson co-founded Ambiq Micro in 2010, contributing to the development of its Sub-threshold Power Optimized Technology (SPOT) platform at the University of Michigan. He is recognized as an expert in ultra-low energy and variation-tolerant circuits. Dr. Hanson earned his Ph.D. in Electrical Engineering from the University of Michigan and has authored over 30 publications and holds 7 patent filings related to energy-efficient circuits.
Sean Chen, President and Chief Operating Officer
Sean Chen brings over 20 years of experience in the semiconductor industry. His background includes serving as Vice President of Marketing and Business Development at mCube, as well as holding management positions at various startups, Nagevtech, Intel, IDT, and TSMC.
Michele Connors, General Counsel
Michele Connors has over 20 years of legal experience, providing counsel to both startup and established technology companies such as Cirrus Logic and Dell Technologies. She has also served as litigation counsel at respected law firms.
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Key Risks to Ambiq Micro (AMBQ)
- Loss of Technological Advantage and Intense Competition: Ambiq Micro's business model and "leading position" are built upon its proprietary Sub-threshold Power Optimized Technology (SPOT) platform, which enables two to five times lower power consumption than traditional semiconductor designs. A significant risk is that competitors in the highly competitive semiconductor industry could develop similar or superior ultra-low power solutions, or that alternative power-saving technologies could emerge. Such developments would erode Ambiq Micro's key differentiator, potentially leading to a loss of market share and reduced demand for its Systems-on-Chip (SoC) solutions.
- Reliance on AI at the Edge Market Growth: Ambiq Micro's mission and growth strategy are fundamentally tied to "driving growth in AI adoption at the edge" across markets like personal devices, medical/healthcare, industrial edge, and smart home and building. If the actual adoption rate of AI at the edge is slower than anticipated, or if the specific AI use cases they target do not materialize or gain traction as expected, the demand for their ultra-low power semiconductor solutions could be adversely affected, impacting their projected growth.
- Dependency on Specific End-Markets and Geographies: Although Ambiq Micro serves a "wide range of markets," the company explicitly focuses on specific end-markets such as smartwatches, fitness trackers, augmented and virtual reality (AR/VR) glasses, digital health monitors, and security systems. Additionally, their sales and marketing efforts are increasingly concentrated on target geographies including the United States, Europe, and Asia (ex-Mainland China). Negative trends, economic downturns, or intensified competition within any of these particular market segments or geographical regions could disproportionately impact Ambiq Micro's sales volumes and financial performance.
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Share Issuance
- Ambiq Micro completed an initial public offering (IPO) in July 2025, generating gross proceeds of $110.4 million from the sale of 4,600,000 shares at $24.00 per share, including the full exercise of the underwriters' option.
- A follow-on offering in early 2026 generated an additional $76.8 million in net proceeds.
- In the second quarter of 2024, Ambiq Micro issued 57,068,338 shares of Series G preferred stock, resulting in cash proceeds of $51.5 million.
Inbound Investments
- The company raised $51.5 million in cash proceeds through the issuance of Series G preferred stock in the second quarter of 2024.
- Ambiq Micro's initial public offering in July 2025 brought in gross proceeds of $110.4 million from public investors.
Capital Expenditures
- Research and development expenses, reflecting investments in enhancing existing solutions and developing future product offerings, were $38.5 million in 2025 and $37.2 million in 2024.
- Non-GAAP operating expense is projected to be approximately $30 million higher in 2026 compared to 2025, primarily due to accelerated development of the Atomiq and Apollo product families.
- Ambiq operates on a fabless model, relying on third-party manufacturers like TSMC and packaging/test providers, which influences the nature of its capital expenditures.
Peer Outperformance in Semiconductors
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 62.3% | 191.7% | 280.0% | TTMI 923% · FLEX 732% · SANM 453% |
| Semiconductor Materials & Equipment | 27 | 105.5% | 97.6% | 109.4% | AXTI 794% · AEHR 754% · LRCX 434% |
| Technology Distributors | 9 | 31.2% | 74.9% | 96.3% | CLMB 393% · AVT 198% · SNX 169% |
| Communications Equipment | 36 | 14.9% | 82.3% | 72.4% | AAOI 1394% · FEIM 1016% · LITE 1006% |
| Electronic Components | 26 | 37.7% | 74.9% | 69.1% | CLS 3582% · BELFA 1352% · COHR 406% |
| Semiconductors ← | 55 | 24.9% | 42.6% | 40.2% | POET 1906% · MU 1418% · NVDA 922% |
| Technology Hardware, Storage & Peripherals | 20 | 33.2% | 95.1% | 37.9% | STX 1145% · DELL 1068% · SMCI 1008% |
| Internet Services & Infrastructure | 6 | 8.7% | 54.9% | 32.4% | DOCN 67% · VRSN 41% · GDDY 37% |
| Electronic Equipment & Instruments | 26 | -14.1% | 13.0% | -10.6% | PI 194% · OSIS 114% · ACFN 100% |
| IT Consulting & Other Services | 30 | -26.5% | -16.8% | -38.5% | CHRN 557795% · APLD 1259% · TSSI 745% |
| Application Software | 125 | -31.1% | -14.2% | -47.5% | VIDA 151567% · INLX 5065% · PLTR 543% |
| Systems Software | 74 | -21.5% | 12.2% | -58.8% | QNC 510% · ZETA 384% · PANW 365% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 147.82 |
| Mkt Cap | 24.0 |
| Rev LTM | 2,989 |
| Op Inc LTM | 411 |
| FCF LTM | 555 |
| FCF 3Y Avg | 1,289 |
| CFO LTM | 616 |
| CFO 3Y Avg | 1,424 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 18.8% |
| Rev Chg 3Y Avg | 1.5% |
| Rev Chg Q | 21.1% |
| QoQ Delta Rev Chg LTM | 5.0% |
| Op Inc Chg LTM | 21.7% |
| Op Inc Chg 3Y Avg | -2.4% |
| Op Mgn LTM | 5.6% |
| Op Mgn 3Y Avg | 16.5% |
| QoQ Delta Op Mgn LTM | 2.2% |
| CFO/Rev LTM | 13.6% |
| CFO/Rev 3Y Avg | 24.3% |
| FCF/Rev LTM | 9.7% |
| FCF/Rev 3Y Avg | 15.3% |
Price Behavior
| Market Price | $71.05 | |
| Market Cap ($ Bil) | 1.5 | |
| First Trading Date | 07/30/2025 | |
| Distance from 52W High | -21.5% | |
| 50 Days | 200 Days | |
| DMA Price | $58.25 | $36.30 |
| DMA Trend | up | down |
| Distance from DMA | 22.0% | 95.7% |
| 3M | 1YR | |
| Volatility | 77.3% | 84.2% |
| Downside Capture | 347.53 | 275.19 |
| Upside Capture | 202.77 | 321.02 |
| Correlation (SPY) | 53.9% | 47.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.48 | 3.55 | 3.92 | 3.47 | 3.14 | 0.74 |
| Up Beta | 2.58 | 5.97 | 4.51 | 3.25 | 2.98 | -0.85 |
| Down Beta | 0.74 | 2.79 | 3.66 | 4.92 | 3.10 | -0.06 |
| Up Capture | 151% | 85% | 368% | 704% | 1022% | 122% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 12 | 20 | 32 | 68 | 130 | 140 |
| Down Capture | 454% | 429% | 339% | 210% | 183% | 104% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 9 | 22 | 32 | 57 | 118 | 130 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AMBQ | |
|---|---|---|---|---|
| AMBQ | 128.4% | 84.1% | 1.32 | - |
| Sector ETF (XLK) | 41.7% | 26.5% | 1.28 | 52.9% |
| Equity (SPY) | 17.6% | 13.0% | 0.98 | 47.4% |
| Gold (GLD) | 18.0% | 29.3% | 0.56 | 19.8% |
| Commodities (DBC) | 46.6% | 20.7% | 1.75 | 0.8% |
| Real Estate (VNQ) | 5.2% | 13.6% | 0.12 | 1.4% |
| Bitcoin (BTCUSD) | -26.0% | 44.9% | -0.54 | 19.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AMBQ | |
|---|---|---|---|---|
| AMBQ | 13.0% | 88.4% | 0.97 | - |
| Sector ETF (XLK) | 21.1% | 26.0% | 0.72 | 48.8% |
| Equity (SPY) | 13.3% | 17.2% | 0.59 | 45.5% |
| Gold (GLD) | 18.9% | 18.8% | 0.81 | 15.5% |
| Commodities (DBC) | 10.8% | 19.6% | 0.43 | 0.7% |
| Real Estate (VNQ) | 1.0% | 18.9% | -0.05 | -0.8% |
| Bitcoin (BTCUSD) | 12.7% | 52.6% | 0.42 | 16.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AMBQ | |
|---|---|---|---|---|
| AMBQ | 6.3% | 88.4% | 0.97 | - |
| Sector ETF (XLK) | 25.0% | 25.0% | 0.90 | 48.8% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 45.5% |
| Gold (GLD) | 12.2% | 16.4% | 0.61 | 15.5% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 0.7% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | -0.8% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 16.6% |
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Earnings Returns History
Updated 9/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/11/2026 | 2.1% | 6.2% | -0.2% |
| 5/12/2026 | 45.3% | 56.2% | 64.5% |
| 3/5/2026 | 7.1% | 11.7% | 1.6% |
| 11/6/2025 | -6.6% | -11.4% | 0.9% |
| 9/4/2025 | -15.2% | -9.9% | -26.5% |
| SUMMARY STATS | |||
| # Positive | 3 | 3 | 3 |
| # Negative | 2 | 2 | 2 |
| Median Positive | 7.1% | 11.7% | 1.6% |
| Median Negative | -10.9% | -10.7% | -13.4% |
| Max Positive | 45.3% | 56.2% | 64.5% |
| Max Negative | -15.2% | -11.4% | -26.5% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/11/2026 | 2.1% | 6.2% | -0.2% |
| 5/12/2026 | 45.3% | 56.2% | 64.5% |
| 3/5/2026 | 7.1% | 11.7% | 1.6% |
| 11/6/2025 | -6.6% | -11.4% | 0.9% |
| 9/4/2025 | -15.2% | -9.9% | -26.5% |
| SUMMARY STATS | |||
| # Positive | 3 | 3 | 3 |
| # Negative | 2 | 2 | 2 |
| Median Positive | 7.1% | 11.7% | 1.6% |
| Median Negative | -10.9% | -10.7% | -13.4% |
| Max Positive | 45.3% | 56.2% | 64.5% |
| Max Negative | -15.2% | -11.4% | -26.5% |
Recent Forward Guidance
Updated 8/12/2026Latest: Q2 2026 Earnings Reported 8/11/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Non-GAAP net loss per share | Reported | -0.2 | -0.16 | -0.12 | Higher New | Actual: -0.26 for Q2 2026 | ||
| Q3 2026 Net sales | Reported | 36.00 Mil | 36.50 Mil | 37.00 Mil | 15.9% | Higher New | Actual: 31.50 Mil for Q2 2026 | |
| Q3 2026 Gross Profit | Calculated | 16.74 Mil | 17.16 Mil | 17.57 Mil | Rev x Gross Margin | |||
| Q3 2026 Non-GAAP gross margin | Reported | 46.5% | 47.0% | 47.5% | 1.5% | Higher New | Actual: 45.5% for Q2 2026 | |
| Q3 2026 Non-GAAP operating expense | Reported | 24.00 Mil | 24.50 Mil | 25.00 Mil | 14.0% | Higher New | Actual: 21.50 Mil for Q2 2026 | |
| Q3 2026 Operating Income | Calculated | -8.26 Mil | -7.34 Mil | -6.42 Mil | Rev x Gross Margin - Opex | |||
| Q3 2026 Operating Margin | Calculated | -22.94% | -20.12% | -17.36% | Implied by guided Rev/GM/Opex | |||
Prior: Q1 2026 Earnings Reported 5/12/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Non-GAAP net loss per share | Reported | -0.29 | -0.26 | -0.23 | 10.0% | Higher New | Guidance: -0.36 for Q1 2026 | |
| Q2 2026 Net sales | Reported | 31.00 Mil | 31.50 Mil | 32.00 Mil | 46.5% | Higher New | Guidance: 21.50 Mil for Q1 2026 | |
| Q2 2026 Gross Profit | Calculated | 13.95 Mil | 14.33 Mil | 14.72 Mil | Rev x Gross Margin | |||
| Q2 2026 Non-GAAP gross margin | Reported | 45.0% | 45.5% | 46.0% | 1.0% | Higher New | Guidance: 44.5% for Q1 2026 | |
| Q2 2026 Non-GAAP operating expense | Reported | 21.00 Mil | 21.50 Mil | 22.00 Mil | 17.8% | Higher New | Guidance: 18.25 Mil for Q1 2026 | |
| Q2 2026 Operating Income | Calculated | -8.05 Mil | -7.17 Mil | -6.28 Mil | Rev x Gross Margin - Opex | |||
| Q2 2026 Operating Margin | Calculated | -25.97% | -22.75% | -19.62% | Implied by guided Rev/GM/Opex | |||
| 2026 Net sales outside of personal devices growth | Reported | 100.0% | ||||||
Q4 2025 Earnings Reported 3/5/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Non-GAAP Net Loss Per Share | Reported | -0.39 | -0.36 | -0.33 | Higher New | Actual: -0.39 for Q4 2025 | ||
| Q1 2026 Revenue | Reported | 21.00 Mil | 21.50 Mil | 22.00 Mil | 13.2% | Higher New | Actual: 19.00 Mil for Q4 2025 | |
| Q1 2026 Gross Profit | Calculated | 9.24 Mil | 9.57 Mil | 9.90 Mil | Rev x Gross Margin | |||
| Q1 2026 Non-GAAP Gross Margin | Reported | 44.0% | 44.5% | 45.0% | ||||
| Q1 2026 Non-GAAP Operating Expense | Reported | 18.00 Mil | 18.25 Mil | 18.50 Mil | ||||
| Q1 2026 Operating Income | Calculated | -9.26 Mil | -8.68 Mil | -8.10 Mil | Rev x Gross Margin - Opex | |||
| Q1 2026 Operating Margin | Calculated | -44.1% | -40.38% | -36.82% | Implied by guided Rev/GM/Opex | |||
Q3 2025 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Non-GAAP Loss Per Share | Reported | -0.44 | -0.39 | -0.34 | 23.8% | Lower New | Actual: -0.32 for Q3 2025 | |
| Q4 2025 Revenue | Reported | 18.50 Mil | 19.00 Mil | 19.50 Mil | 7.0% | Higher New | Actual: 17.75 Mil for Q3 2025 | |
Insider Activity
Updated 9/17/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 9172026 | 60.28 | 7,000 | 421,942 | 13,334,941 | Form |
| 2 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9152026 | 60.28 | 13,500 | 813,715 | 27,754,325 | Form |
| 3 | Chen, Sean Chihhsiang | President and COO | Direct | Sell | 9152026 | 60.14 | 15,000 | 902,130 | 7,233,580 | Form |
| 4 | Zhang, Ker | Direct | Sell | 9152026 | 63.44 | 10,000 | 634,361 | 1,291,940 | Form | |
| 5 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9152026 | 63.36 | 50,000 | 3,167,993 | 29,174,685 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 9172026 | 60.28 | 7,000 | 421,942 | 13,334,941 | Form |
| 2 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9152026 | 60.28 | 13,500 | 813,715 | 27,754,325 | Form |
| 3 | Chen, Sean Chihhsiang | President and COO | Direct | Sell | 9152026 | 60.14 | 15,000 | 902,130 | 7,233,580 | Form |
| 4 | Zhang, Ker | Direct | Sell | 9152026 | 63.44 | 10,000 | 634,361 | 1,291,940 | Form | |
| 5 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9152026 | 63.36 | 50,000 | 3,167,993 | 29,174,685 | Form |
| 6 | Chen, Sean Chihhsiang | President and COO | Direct | Sell | 9092026 | 57.17 | 15,000 | 857,558 | 6,876,183 | Form |
| 7 | Zhang, Ker | Direct | Sell | 9092026 | 56.92 | 185 | 10,530 | 1,728,433 | Form | |
| 8 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9022026 | 56.69 | 11,027 | 625,108 | 26,102,938 | Form |
| 9 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9022026 | 56.39 | 48,973 | 2,761,534 | 25,964,833 | Form |
| 10 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 9022026 | 57.44 | 48,500 | 2,785,904 | 25,916,894 | Form |
| 11 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 8282026 | 59.80 | 27,500 | 1,644,609 | 13,230,195 | Form |
| 12 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 8282026 | 59.58 | 27,500 | 1,638,469 | 13,180,800 | Form |
| 13 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 8182026 | 64.39 | 13,500 | 869,226 | 29,050,757 | Form |
| 14 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 8182026 | 64.38 | 7,000 | 450,639 | 13,598,094 | Form |
| 15 | Chen, Timothy | By: Triumph Way Investment Inc. | Sell | 5292026 | 79.79 | 70,592 | Form | |||
| 16 | Chen, Sean Chihhsiang | President and COO | Direct | Sell | 5182026 | 70.89 | 55,685 | 3,947,281 | 8,525,801 | Form |
| 17 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 5182026 | 69.24 | 10,200 | 706,252 | 14,064,528 | Form |
| 18 | Esaka, Fumihide | Chief Executive Officer | Direct | Sell | 5182026 | 70.02 | 60,000 | 4,201,122 | 27,390,545 | Form |
| 19 | Winzeler, Jeffrey G | Chief Financial Officer | Direct | Sell | 5182026 | 69.90 | 26,000 | 1,817,412 | 6,598,255 | Form |
| 20 | Connors, Michele Kim | General Counsel | Direct | Sell | 4062026 | 26.15 | 811 | 21,210 | 1,583,640 | Form |
| 21 | Hanson, Scott McLean | Chief Technology Officer | Direct | Sell | 1282026 | 31.00 | 10,000 | 310,000 | 3,807,358 | Form |
| 22 | Tautges, Joseph A | Direct | Sell | 1282026 | 31.00 | 7,800 | 241,800 | 1,511,126 | Form |
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Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Semiconductors Resources |
| EE Times |
| Semiconductor Engineering |
| Semiconductor Digest |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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