7 Small-Cap Semiconductor Stocks to Buy According to Analysts

5. Ambiq Micro, Inc. (NYSE:AMBQ)

On March 6, BofA lifted the price target on Ambiq Micro, Inc. (NYSE:AMBQ) to $35, up from $32, and reiterated a Neutral rating. According to the firm, the company has solid demand through Q3, with over 80% of its 2025 shipments utilizing AI algorithms. The firm associated the price target uplift with the current momentum, adding that the company’s robust demand environment is offset by muted EPS leverage.

A day earlier, Needham reaffirmed a Buy rating and a price target of $48 on Ambiq Micro, Inc. (NYSE:AMBQ) following the company’s Q4 2025 performance. The firm highlighted that the company’s results outperformed expectations, with raised guidance driven by better-than-anticipated demand across several product offerings.

What’s interesting is that Ambiq Micro, Inc. (NYSE:AMBQ) has revealed a new global wearable customer expected to start production in Q1 2026 and contribute significantly to growth this year and next. Additionally, the company disclosed enhanced technical specifications for its Atomiq platform. To support its plans, operating expenses are expected to climb by nearly $30 million YoY in FY26.

Ambiq Micro, Inc. (NYSE:AMBQ) is a Texas-based company providing ultra-low-power semiconductor solutions, as well as technical support services. Incorporated in 2010, the company offers its products through an internal direct sales force, distributors, and sales representatives.