Amprius Technologies (NYSE:AMPX) Shares Gap Up After Analyst Upgrade

Posted by on Aug 7th, 2026

Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s share price gapped up before the market opened on Wednesday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The stock had previously closed at $10.81, but opened at $12.40. Amprius Technologies shares last traded at $12.30, with a volume of 3,239,659 shares.

AMPX has been the subject of several other reports. JonesTrading initiated coverage on Amprius Technologies in a research note on Friday, July 10th. They issued a “buy” rating and a $30.00 target price for the company. Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Friday, July 17th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a report on Monday, May 11th. Finally, Clear Str started coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $22.50.

Check Out Our Latest Research Report on AMPX

Insider Transactions at Amprius Technologies

In related news, Director Donald R. Dixon sold 85,000 shares of Amprius Technologies stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the transaction, the director owned 359,380 shares in the company, valued at approximately $6,170,554.60. The trade was a 19.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Thomas M. Stepien sold 2,000 shares of the stock in a transaction on Thursday, June 4th. The shares were 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 approximately $13,119,356.25. This represents a 0.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 310,144 shares of company stock worth $5,049,997 over the last 90 days. Company insiders own 5.10% of the company’s stock.

Key Stories Impacting Amprius Technologies

Here are the key news stories impacting Amprius Technologies this week:

  • Positive Sentiment: Amprius reported record second-quarter revenue of approximately $34 million, more than doubling year over year and exceeding expectations. Management also raised its outlook, forecasting at least $140 million of 2026 revenue and a gross margin of at least 28%. Amprius forecasts at least $140M 2026 revenue and at least 28% gross margin
  • Positive Sentiment: Growth is being supported by expanding demand for the company’s SiCore silicon-anode batteries, particularly in defense drones, while Amprius is increasing NDAA-compliant manufacturing capacity. This strengthens the company’s positioning in the defense and aerospace battery markets. Amprius Q2 earnings call highlights
  • Positive Sentiment: Northland Securities raised its FY2027 EPS forecast to $0.08 from $0.05 and increased its Q3 and Q4 2027 estimates to $0.03 and $0.04, respectively. Clear Street also maintained a Buy rating, supporting the bullish interpretation of Amprius’s growth trajectory. Clear Street maintains Buy rating
  • Neutral Sentiment: Zacks Research upgraded Amprius from “strong sell” to “hold,” indicating reduced pessimism but not a bullish rating. Analysts’ positive forecasts also imply a transition from current losses toward profitability in 2027. Zacks Research
  • Negative Sentiment: HC Wainwright lowered its FY2028 EPS estimate to $0.16 from $0.18. In addition, commentary warns that the second half will be an important test for converting strong demand and revenue growth into consistent earnings, leaving execution risk for investors. Amprius Q2 growth thesis and second-half outlook

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AMPX. Bank of America Corp DE lifted its position in shares of Amprius Technologies by 31.1% in the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares during the last quarter. Quarry LP acquired a new position in Amprius Technologies in the third quarter valued at approximately $42,000. Rhumbline Advisers boosted its stake in Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after acquiring an additional 5,951 shares during the period. Legal & General Group Plc raised its position in shares of Amprius Technologies by 1,385.4% during the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after purchasing an additional 9,684 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of Amprius Technologies in the 2nd quarter worth approximately $44,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

Amprius Technologies Stock Performance

The firm has a market cap of $1.60 billion, a P/E ratio of -39.03 and a beta of 2.33. The firm has a fifty day moving average of $13.65 and a 200-day moving average of $14.93.

Amprius Technologies (NYSE:AMPX – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $28.54 million for the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies had a negative net margin of 35.16% and a negative return on equity of 13.23%. Equities research analysts expect that Amprius Technologies, Inc. will post -0.08 earnings per share for the current year.

Amprius Technologies Company Profile

(Get Free Report)

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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