Amprius Technologies’ (AMPX) “Buy” Rating Reaffirmed at HC Wainwright

Posted by Brenda Bartman on Sep 29th, 2026

Amprius Technologies (NYSE:AMPX – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at HC Wainwright in a note issued to investors on Tuesday, MarketBeat.com reports. They currently have a $18.00 price objective on the stock. HC Wainwright’s target price would indicate a potential upside of 87.83% from the company’s current price.

A number of other brokerages have also weighed in on AMPX. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Friday, July 17th. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Clear Str began coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price objective on the stock. Finally, JonesTrading began coverage on Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.50.

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Amprius Technologies Stock Performance

Shares of AMPX opened at $9.58 on Tuesday. The stock’s 50-day simple moving average is $10.19 and its 200 day simple moving average is $14.49. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -33.04 and a beta of 2.33. Amprius Technologies has a 52-week low of $7.71 and a 52-week high of $24.23.

Insider Activity

In other Amprius Technologies news, CEO Thomas M. Stepien sold 23,529 shares of Amprius Technologies stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $243,289.86. Following the completion of the sale, the chief executive officer owned 602,096 shares of the company’s stock, valued at approximately $6,225,672.64. This trade represents a 3.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Constantin Stefan sold 29,681 shares of Amprius Technologies stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $306,901.54. Following the completion of the sale, the chief technology officer directly owned 771,629 shares of the company’s stock, valued at $7,978,643.86. The trade was a 3.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 123,311 shares of company stock worth $1,272,556 in the last quarter. 5.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. TD Waterhouse Canada Inc. lifted its position in Amprius Technologies by 355.6% during the second quarter. TD Waterhouse Canada Inc. now owns 2,105 shares of the company’s stock valued at $29,000 after purchasing an additional 1,643 shares in the last quarter. KBC Group NV purchased a new position in shares of Amprius Technologies in the first quarter valued at about $57,000. Allworth Financial LP lifted its position in shares of Amprius Technologies by 1,150.6% in the second quarter. Allworth Financial LP now owns 4,527 shares of the company’s stock valued at $63,000 after acquiring an additional 4,165 shares in the last quarter. Nykredit A S purchased a new position in shares of Amprius Technologies in the second quarter valued at about $79,000. Finally, State of Wyoming lifted its position in shares of Amprius Technologies by 155.2% in the first quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after acquiring an additional 3,674 shares in the last quarter. 5.04% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Amprius Technologies

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

Positive Sentiment: Amprius was awarded up to $75 million through the U.S. Department of War’s Industrial Base Analysis and Sustainment program. The funding will help retrofit an existing domestic electric-vehicle battery production line to manufacture high-energy-density cells for Group 1–3 drones and other unmanned systems. The grant reduces the capital burden of expanding U.S. production and provides government validation for Amprius’ battery technology. Amprius Secures $75 Million Grant for American High-Energy Density Battery Production
Positive Sentiment: The defense award has helped shift the investment narrative from speculative technology development toward potential participation in a growing military-drone supply chain. The retrofit is expected to support production of up to 12 million cells annually once key steps—including partner contributions, NDAA compliance, facility start-up and product ramp-up—are completed. Amprius awarded $75M defense grant for U.S. drone battery production
Positive Sentiment: HC Wainwright reaffirmed its Buy rating and set an $18 price target, implying substantial upside from the stock’s recent level. The endorsement adds to bullish sentiment following the defense grant and may encourage additional institutional interest. H.C. Wainwright Reiterates Buy Rating on Amprius Technologies
Neutral Sentiment: The grant is tied to execution milestones and reimburses eligible investments rather than representing an immediate, unrestricted cash windfall. Amprius must scale contract manufacturing, complete compliance certifications and demonstrate reliable production. Delays could limit the financial benefit and pressure the stock.
Neutral Sentiment: Investors are also looking ahead to Amprius’ expected third-quarter earnings report, when management may provide updates on revenue growth, profitability timing and progress toward the defense-production milestones.

About Amprius Technologies

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Amprius Technologies, Inc (NYSE: AMPX) develops and manufactures high-performance lithium-ion batteries designed to deliver greater energy density and power than conventional lithium-ion batteries. Its technology uses silicon nanowire anodes in place of traditional graphite anodes, enabling batteries with increased energy storage potential while supporting demanding weight and performance requirements.

The company’s battery products are designed for applications including electric aviation, unmanned aerial systems, aerospace, defense, electric mobility and other specialized markets.