Amprius Technologies (NYSE:AMPX) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research downgraded shares of Amprius Technologies (NYSE:AMPXFree Report) from a hold rating to a strong sell rating in a research note published on Monday,Zacks.com reports.

A number of other equities research analysts have also weighed in on AMPX. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. Wall Street Zen lowered Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a report on Tuesday, March 10th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research note on Monday, May 11th. Finally, B. Riley Financial boosted their target price on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Amprius Technologies currently has an average rating of “Moderate Buy” and an average price target of $21.67.

Get Our Latest Analysis on Amprius Technologies

Amprius Technologies Trading Down 10.2%

Shares of NYSE:AMPX opened at $11.76 on Monday. The company has a market capitalization of $1.67 billion, a PE ratio of -39.19 and a beta of 2.25. Amprius Technologies has a 12-month low of $4.96 and a 12-month high of $24.23. The business’s fifty day simple moving average is $17.01 and its 200-day simple moving average is $14.72.

Amprius Technologies (NYSE:AMPXGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $28.54 million during the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts predict that Amprius Technologies will post -0.07 EPS for the current year.

Insider Activity

In related news, CTO Constantin Ionel Stefan sold 28,812 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $426,129.48. Following the sale, the chief technology officer owned 804,518 shares in the company, valued at approximately $11,898,821.22. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 67,796 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $1,002,702.84. Following the sale, the director directly owned 1,280,854 shares in the company, valued at approximately $18,943,830.66. The trade was a 5.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 310,144 shares of company stock valued at $5,049,997. 5.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Amprius Technologies

Large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew 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 valued at $36,000 after purchasing an additional 3,055 shares during the period. Quarry LP acquired a new position in shares of Amprius Technologies during the third quarter valued at approximately $42,000. Rhumbline Advisers boosted its stake in shares of Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after acquiring an additional 5,951 shares during the last quarter. Legal & General Group Plc raised its stake in Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after purchasing an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Amprius Technologies during the 2nd quarter worth $44,000. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.

Recommended Stories

Analyst Recommendations for Amprius Technologies (NYSE:AMPX)

Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.com's FREE daily email newsletter.