Shares of Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) dropped 4.5% on Thursday . The company traded as low as $10.76 and last traded at $11.1960. 9,292,387 shares changed hands during trading, an increase of 10% from the average session volume of 8,417,095 shares. The stock had previously closed at $11.72.
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 million, up 125.9% year over year and ahead of analyst expectations. Gross profit rose to $9.3 million, suggesting improving battery-product economics. Amprius Technologies Stock Rises on Q2 2026 Earnings
- Positive Sentiment: Management raised its outlook to at least $140 million in 2026 revenue and at least a 28% gross margin. Growth is being supported by expanding SiCore demand, including defense-drone applications, and additional NDAA-compliant manufacturing capacity. Amprius 2026 Revenue and Margin Forecast
- Positive Sentiment: Potential catalysts include elevated short interest, a median analyst price target of $20.50 versus the recent $11.20 trading level, and greater institutional participation. The company also ended the quarter with $74.5 million in cash and lower total liabilities of $23.5 million.
- Neutral Sentiment: Zacks Research upgraded AMPX from “strong sell” to “hold,” signaling an improved outlook but not a bullish recommendation. Zacks.com
- Negative Sentiment: Amprius remains unprofitable, reporting a net loss of about $3.2 million and diluted EPS of negative $0.04, slightly worse than the consensus loss of negative $0.02. Operating cash flow also remained negative at $2.9 million.
- Negative Sentiment: Reported insider activity shows 22 sales and no purchases over the past six months, including substantial selling by company executives and directors. That selling may temper enthusiasm around the earnings-driven growth story.
Analysts Set New Price Targets
AMPX has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Northland Securities set a $24.00 target price on shares of Amprius Technologies in a report on Monday, May 11th. Zacks Research upgraded shares of Amprius Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Finally, Clear Str began coverage on shares of Amprius Technologies in a research report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $22.50.
Amprius Technologies Price Performance
The stock’s 50-day moving average price is $13.85 and its 200-day moving average price is $14.93. The company has a market cap of $1.59 billion, a P/E ratio of -38.61 and a beta of 2.33.
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. As a group, analysts expect that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.
Insider Buying and Selling at Amprius Technologies
In other news, CEO Thomas M. Stepien sold 60,702 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total transaction of $897,782.58. Following the transaction, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at approximately $10,342,617.42. This trade represents a 7.99% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 359,380 shares of the company’s stock, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 310,144 shares of company stock worth $5,049,997. 5.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. grew its position in shares of Amprius Technologies by 47.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company’s stock worth $3,488,000 after buying an additional 142,751 shares during the period. Stephens Investment Management Group LLC boosted its stake in Amprius Technologies by 33.1% during the fourth quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company’s stock worth $11,375,000 after acquiring an additional 358,791 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in Amprius Technologies in the third quarter worth $7,530,000. Hussman Strategic Advisors Inc. acquired a new stake in Amprius Technologies in the fourth quarter worth $1,657,000. Finally, Vanguard Group Inc. increased its stake in Amprius Technologies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after purchasing an additional 616,037 shares in the last quarter. Institutional investors and hedge funds own 5.04% of the company’s stock.
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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