Amprius Technologies (AMPX) Projected to Post Quarterly Earnings on Thursday

Amprius Technologies (NYSE:AMPX - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $8.52 million for the quarter.

Amprius Technologies (NYSE:AMPX - Get Free Report) last posted its earnings results on Thursday, March 20th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.01. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. The firm had revenue of $10.63 million during the quarter, compared to analysts' expectations of $7.12 million. On average, analysts expect Amprius Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Amprius Technologies Stock Down 0.7 %

Shares of AMPX traded down $0.02 during mid-day trading on Tuesday, hitting $2.27. 238,736 shares of the company's stock were exchanged, compared to its average volume of 2,251,252. Amprius Technologies has a twelve month low of $0.61 and a twelve month high of $4.21. The firm has a fifty day moving average of $2.37 and a two-hundred day moving average of $2.46. The stock has a market cap of $267.10 million, a price-to-earnings ratio of -5.10 and a beta of 2.23.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AMPX shares. Cantor Fitzgerald began coverage on Amprius Technologies in a research report on Tuesday, January 21st. They issued an "overweight" rating and a $10.00 price target for the company. Oppenheimer boosted their target price on Amprius Technologies from $14.00 to $15.00 and gave the stock an "outperform" rating in a report on Friday, March 21st. B. Riley increased their price target on Amprius Technologies from $5.00 to $6.00 and gave the company a "buy" rating in a report on Friday, March 21st. Roth Mkm reaffirmed a "buy" rating and set a $6.00 price objective on shares of Amprius Technologies in a report on Friday, March 21st. Finally, Northland Securities lifted their target price on shares of Amprius Technologies from $4.00 to $10.00 and gave the stock an "outperform" rating in a report on Friday, January 10th. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $9.43.

Insiders Place Their Bets

In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 9,066 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $3.13, for a total value of $28,376.58. Following the sale, the chief technology officer now owns 421,489 shares of the company's stock, valued at $1,319,260.57. The trade was a 2.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sandra Wallach sold 18,142 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $3.13, for a total transaction of $56,784.46. Following the transaction, the chief financial officer now directly owns 678,000 shares of the company's stock, valued at $2,122,140. The trade was a 2.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 75,088 shares of company stock worth $235,025 in the last ninety days. Insiders own 12.80% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Amprius Technologies stock. Bank of America Corp DE lifted its stake in Amprius Technologies, Inc. (NYSE:AMPX - Free Report) by 31.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,890 shares of the company's stock after buying an additional 3,055 shares during the period. Bank of America Corp DE's holdings in Amprius Technologies were worth $36,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.04% of the company's stock.

Amprius Technologies Company Profile

Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.