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Amprius Technologies (NYSE:AMPX) Stock Price Up 3.9% - Time to Buy?

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Key Points

  • Amprius Technologies shares rose 3.9% on Friday amid heavier-than-normal trading, with volume running about 40% above average as investors reacted to recent company news.
  • The company beat revenue expectations in Q1 with $28.54 million in sales, but it still posted a $0.04 loss per share versus a $0.02 loss expected, highlighting that profitability remains a challenge.
  • Analysts are still broadly constructive: the stock has a Moderate Buy consensus with an average target price of $19.75, even as the company moves to simplify its capital structure through a warrant-for-stock exchange and faces recent volatility.
  • Five stocks we like better than Amprius Technologies.

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report)'s stock price shot up 3.9% during mid-day trading on Friday . The stock traded as high as $17.15 and last traded at $16.7350. 12,431,898 shares traded hands during trading, an increase of 40% from the average session volume of 8,902,313 shares. The stock had previously closed at $16.11.

Key Headlines Impacting Amprius Technologies

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

Analyst Upgrades and Downgrades

AMPX has been the topic of a number of research reports. Cantor Fitzgerald increased their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an "overweight" rating in a research note on Friday, March 6th. Roth Mkm reaffirmed a "buy" rating on shares of Amprius Technologies in a report on Friday. Craig Hallum raised their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a "buy" rating in a research note on Friday, March 6th. Weiss Ratings restated a "sell (e+)" rating on shares of Amprius Technologies in a research report on Monday, April 20th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. Eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Amprius Technologies has an average rating of "Moderate Buy" and a consensus target price of $19.75.

Get Our Latest Report on Amprius Technologies

Amprius Technologies Stock Performance

The company has a market capitalization of $2.29 billion, a PE ratio of -55.78 and a beta of 2.20. The stock's fifty day simple moving average is $17.53 and its 200-day simple moving average is $13.25.

Amprius Technologies (NYSE:AMPX - Get Free Report) last issued 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). The firm had revenue of $28.54 million for the quarter, compared to analysts' expectations of $25.72 million. Amprius Technologies had a negative return on equity of 18.16% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at --0.060 EPS. On average, equities analysts anticipate that Amprius Technologies, Inc. will post -0.03 EPS for the current year.

Insider Activity

In other Amprius Technologies news, CTO Constantin Ionel Stefan sold 25,366 shares of the business's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $10.16, for a total value of $257,718.56. Following the completion of the transaction, the chief technology officer directly owned 723,330 shares in the company, valued at approximately $7,349,032.80. The trade was a 3.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $18.44, for a total value of $7,618,412.24. Following the transaction, the director directly owned 44,444 shares in the company, valued at approximately $819,547.36. This represents a 90.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,539,829 shares of company stock valued at $42,323,376 over the last quarter. Insiders own 12.90% of the company's stock.

Institutional Trading of Amprius Technologies

Hedge funds have recently added to or reduced their stakes in the business. KBC Group NV acquired a new position in shares of Amprius Technologies during the 1st quarter valued at about $57,000. Quarry LP acquired a new stake in shares of Amprius Technologies in the third quarter worth approximately $42,000. Jones Financial Companies Lllp boosted its position in shares of Amprius Technologies by 353.2% in the third quarter. Jones Financial Companies Lllp now owns 4,532 shares of the company's stock worth $50,000 after acquiring an additional 3,532 shares during the last quarter. Parallel Advisors LLC purchased a new stake in Amprius Technologies in the third quarter valued at approximately $54,000. Finally, Leonteq Securities AG purchased a new stake in Amprius Technologies in the fourth quarter valued at approximately $47,000. 5.04% of the stock is 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.

See Also

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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