Amprius Technologies (NYSE:AMPX) Stock Price Down 4.5% - Time to Sell?

Key Points

• Amprius shares fell 4.5% to about $11.20, with trading volume roughly 10% above average. The stock remains well below its 50-day and 200-day moving averages of $13.85 and $14.93, respectively.
• The company reported strong growth, including approximately $34 million in second-quarter revenue—up 125.9% year over year—and raised its 2026 outlook to at least $140 million in revenue and a 28% gross margin.
• Despite the positive outlook, Amprius remains unprofitable, posted negative operating cash flow, and has seen significant insider selling. Analysts remain broadly optimistic, with a “Moderate Buy” consensus and a $22.50 average price target, but some firms maintain sell ratings.

Shares of Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) traded down 4.5% during trading on Thursday . The stock traded as low as $10.76 and last traded at $11.1960. Approximately 9,292,387 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 8,417,095 shares. The stock had previously closed at $11.72.

Key Stories Impacting Amprius Technologies

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.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AMPX shares. Wall Street Zen cut shares of Amprius Technologies from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th. Weiss Ratings restated a "sell (e+)" rating on shares of Amprius Technologies in a research note on Friday, July 17th. Clear Str began coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They issued a "strong-buy" rating and a $33.00 price objective on the stock. JonesTrading started coverage on Amprius Technologies in a report on Friday, July 10th. They issued a "buy" rating and a $30.00 target price for the company. Finally, Roth Capital restated a "buy" rating on shares of Amprius Technologies in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.50.

Amprius Technologies Trading Down 4.5%

The stock has a market capitalization of $1.59 billion, a P/E ratio of -38.61 and a beta of 2.33. The company has a fifty day simple moving average of $13.85 and a two-hundred day simple moving average of $14.93.

Amprius Technologies (NYSE:AMPX - Get Free Report) last posted 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 business had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies had a negative return on equity of 13.23% and a negative net margin of 35.16%. As a group, analysts forecast that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Amprius Technologies news, Director Donald R. Dixon sold 85,000 shares of the firm's stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the transaction, the director owned 359,380 shares in the company, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Constantin Ionel Stefan sold 28,812 shares of Amprius Technologies stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $426,129.48. Following the transaction, the chief technology officer directly owned 804,518 shares in the company, valued at $11,898,821.22. The trade was a 3.46% 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. Over the last three months, insiders sold 310,144 shares of company stock worth $5,049,997. Corporate insiders own 5.10% of the company's stock.

Hedge Funds Weigh In On Amprius Technologies

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Amprius Technologies by 9.5% during the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company's stock worth $56,245,000 after purchasing an additional 616,037 shares during the last quarter. Geode Capital Management LLC grew its holdings in Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company's stock worth $21,137,000 after purchasing an additional 253,529 shares during the period. State Street Corp increased its position in Amprius Technologies by 16.6% during the fourth quarter. State Street Corp now owns 2,553,710 shares of the company's stock worth $20,149,000 after buying an additional 363,928 shares during the last quarter. Invesco Ltd. increased its position in Amprius Technologies by 113.3% during the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company's stock worth $25,031,000 after buying an additional 1,263,846 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Amprius Technologies by 23.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company's stock worth $17,317,000 after buying an additional 410,724 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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