Amprius Technologies (NYSE:AMPX – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
A number of other research firms have also commented on AMPX. Clear Str started coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price objective on the stock. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Roth Capital reiterated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Finally, Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Amprius Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.
View Our Latest Stock Analysis on AMPX
Amprius Technologies Stock Performance
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative return on equity of 13.23% and a negative net margin of 35.16%.The company had revenue of $28.54 million for the quarter, compared to analysts’ expectations of $25.72 million. As a group, equities research analysts predict that Amprius Technologies will post -0.07 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, CEO Thomas M. Stepien sold 2,000 shares of Amprius Technologies stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the sale, the chief executive officer owned 625,625 shares of the company’s stock, valued at $13,119,356.25. The trade was a 0.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donald R. Dixon sold 85,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the transaction, the director owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 310,144 shares of company stock worth $5,049,997 in the last three months. Company insiders own 5.10% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of AMPX. Bank of America Corp DE boosted its position in shares of Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after acquiring an additional 3,055 shares during the last quarter. AQR Capital Management LLC increased its position in Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after purchasing an additional 36,116 shares during the last quarter. Millennium Management LLC increased its position in Amprius Technologies by 94.5% during the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock worth $3,741,000 after purchasing an additional 678,442 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Amprius Technologies by 128.6% during the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after purchasing an additional 137,640 shares during the period. Finally, Rhumbline Advisers raised its stake in Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.
Amprius Technologies News Roundup
Here are the key news stories impacting Amprius Technologies this week:
- Positive Sentiment: Amprius reported record second-quarter revenue of approximately $34.0 million, up 126% year over year and ahead of analyst expectations near $29.3 million. Gross profit rose to about $9.3 million, indicating improving product economics. Amprius Technologies Reports Second Quarter 2026 Financial Results and Recent Business Highlights
- Positive Sentiment: The company forecast at least $140 million of 2026 revenue and a gross margin of at least 28%, supported by expanding SiCore demand, particularly for defense drones. Amprius also highlighted plans to expand NDAA-compliant manufacturing capacity. Amprius 2026 Revenue and Margin Forecast
- Positive Sentiment: Cash and cash equivalents increased to $74.5 million, while total liabilities declined to $23.5 million. The stronger balance sheet provides additional support for production expansion, despite continued cash use.
- Neutral Sentiment: Zacks Research upgraded AMPX from “strong sell” to “hold,” reducing the severity of its rating but stopping short of a bullish recommendation. Zacks.com
- Negative Sentiment: Amprius still posted a net loss, with operating losses of roughly $4.3 million and diluted EPS reported around negative $0.03 to negative $0.04 by various sources. Operating cash flow was also negative at $2.9 million, so profitability remains a key risk.
- Negative Sentiment: Reported insider activity shows 22 open-market sales and no purchases during the past six months, which may weigh on investor sentiment. The stock also remains below its 50-day and 200-day moving averages, reflecting ongoing technical weakness.
About Amprius Technologies
Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.
At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.
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