The successful invasion of Ambrosia artemisiifolia is largely due to allelopathy. As an invasive alien plant, A. artemisiifolia has spread rapidly in Asia and Europe. Studies have shown that sesquiterpenoids play an important role in plant allelopathy. However, it is unclear whether the inflorescence of A. artemisiifolia also contains allelopathic components. In this paper, our phytochemical research focuses on the inflorescence of A. artemisiifolia. Twenty sesquiterpenoids, including four new ones (1–4) were isolated through successive chromatographic columns and identified by spectroscopic methods. At a concentration of 200 μg/mL, all the compounds tested were evaluated for their allelopathic activities on seedling growth of wheat. Our results indicate that nine compounds inhibited both the root and shoot growth of seedlings. Compounds 14, 15, 17, and 20 significantly inhibited root length, which was more than 50% shorter than the control. This study identified the chemical profile of the sesquiterpenoids occurring in the inflorescence of A. artemisiifolia. The bioactivity screening results provide further understanding of the chemical basis of allelopathy in A. artemisiifolia.