Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) has been given an average rating of “Moderate Buy” by the nine ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $19.75.
Several analysts have issued reports on AMPX shares. B. Riley Financial lifted their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a research note on Tuesday, March 10th. Craig Hallum raised their price target on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research note on Wednesday, January 21st. Finally, Cantor Fitzgerald raised their price target on shares of Amprius Technologies from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th.
View Our Latest Report on Amprius Technologies
Amprius Technologies Stock Performance
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. Amprius Technologies had a negative net margin of 60.30% and a negative return on equity of 24.29%. The firm had revenue of $25.23 million for the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, sell-side analysts anticipate that Amprius Technologies will post -0.03 earnings per share for the current fiscal year.
Insider Buying and Selling at Amprius Technologies
In other news, Director Wen Hsuan Hsieh sold 413,146 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $18.44, for a total transaction of $7,618,412.24. Following the completion of the transaction, the director directly owned 44,444 shares in the company, valued at $819,547.36. This represents a 90.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Steven Chu sold 166,632 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the transaction, the director owned 127,339 shares of the company’s stock, valued at approximately $2,281,914.88. This represents a 56.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,147,226 shares of company stock valued at $49,631,853. Corporate insiders own 12.80% of the company’s stock.
Institutional Investors Weigh In On Amprius Technologies
A number of institutional investors and hedge funds have recently made changes to their positions in AMPX. Voloridge Investment Management LLC bought a new stake in shares of Amprius Technologies during the 3rd quarter worth approximately $19,737,000. BNP Paribas Financial Markets increased its stake in shares of Amprius Technologies by 1,117.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,943,905 shares of the company’s stock worth $20,450,000 after purchasing an additional 1,784,291 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Amprius Technologies by 37.0% during the 3rd quarter. Vanguard Group Inc. now owns 6,512,620 shares of the company’s stock worth $68,513,000 after purchasing an additional 1,757,395 shares during the last quarter. Norges Bank acquired a new position in shares of Amprius Technologies during the 4th quarter worth about $10,295,000. Finally, Invesco Ltd. increased its stake in shares of Amprius Technologies by 113.3% during the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares during the last quarter. Institutional investors own 5.04% of the company’s stock.
Amprius Technologies Company Profile
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.
Further Reading
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