Amprius Technologies (NYSE:AMPX) Trading 5.9% Higher - Here's What Happened

Key Points

• Amprius shares rose 5.9% to about $11.86 in Friday midday trading, with roughly 6.35 million shares changing hands.
• The company raised its 2026 outlook to at least $140 million in revenue and a 28% gross margin, while second-quarter revenue reached a record $34 million, up approximately 125% year over year.
• Analyst sentiment is generally positive, with a consensus “Moderate Buy” rating and a $22.50 price target, though some caution remains over profitability, longer-term estimates and execution in the second half of 2026.

Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report)'s stock price traded up 5.9% during mid-day trading on Friday . The company traded as high as $11.99 and last traded at $11.8550. Approximately 6,346,940 shares were traded during trading, a decline of 25% from the average session volume of 8,408,288 shares. The stock had previously closed at $11.19.

Key Headlines Impacting Amprius Technologies

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

• Positive Sentiment: Higher 2026 outlook: Amprius raised its 2026 revenue forecast to at least $140 million and expects gross margin of at least 28%. Management cited stronger manufacturing economics, European sales and growing demand for SiCore batteries in defense drones. Amprius forecasts at least $140M 2026 revenue and at least 28% gross margin
• Positive Sentiment: Strong quarterly growth: Second-quarter revenue reached a record $34 million, representing approximately 125% year-over-year growth, while the company expanded NDAA-compliant manufacturing capacity. The results and raised guidance have supported the view that Amprius is validating its growth trajectory. Amprius Technologies Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analyst estimates improved: Northland Securities raised its FY2027 EPS forecast to $0.08 from $0.05 and increased its estimates for the third and fourth quarters of 2027. Clear Street also maintained a Buy rating, adding support to the bullish investor case. Clear Street Keeps Their Buy Rating on Amprius Technologies
• Neutral Sentiment: Sentiment is improving but remains cautious: Zacks Research upgraded Amprius from “strong sell” to “hold,” while commentary noted that the second half of 2026 will be an important test of whether demand converts into sustained growth and profitability. Amprius Q2: The Growth Thesis Is Stronger But H2 Will Be The Real Test
• Negative Sentiment: Longer-term estimates were trimmed: HC Wainwright reduced its FY2028 EPS forecast to $0.16 from $0.18, indicating some analysts still see execution or profitability risks beyond the near-term growth outlook.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. JonesTrading started coverage on Amprius Technologies in a research note on Friday, July 10th. They issued a "buy" rating and a $30.00 target price on the stock. Wall Street Zen lowered shares of Amprius Technologies from a "hold" rating to a "sell" rating in a research report on Saturday, May 9th. Clear Str began coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a "strong-buy" rating and a $33.00 price objective on the stock. Roth Capital reiterated a "buy" rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Zacks Research upgraded shares of Amprius Technologies from a "strong sell" rating to a "hold" rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.50.

Amprius Technologies Trading Up 5.9%

The company has a market cap of $1.68 billion, a price-to-earnings ratio of -40.88 and a beta of 2.33. The stock has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $14.93.

Amprius Technologies (NYSE:AMPX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. As a group, research analysts expect that Amprius Technologies, Inc. will post -0.08 EPS for the current fiscal year.

Insider Activity at Amprius Technologies

In other news, Director Kang Sun sold 67,796 shares of Amprius Technologies stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total transaction of $1,002,702.84. Following the transaction, the director directly owned 1,280,854 shares in the company, valued at approximately $18,943,830.66. This trade represents a 5.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Stepien sold 60,702 shares of the business's stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $897,782.58. Following the completion of the sale, the chief executive officer directly owned 699,298 shares in the company, valued at $10,342,617.42. This represents a 7.99% 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 have sold 310,144 shares of company stock valued at $5,049,997. Insiders own 5.10% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. boosted its position in shares of Amprius Technologies by 47.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 442,090 shares of the company's stock valued at $3,488,000 after purchasing an additional 142,751 shares during the period. Stephens Investment Management Group LLC raised its holdings in Amprius Technologies by 33.1% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,441,698 shares of the company's stock worth $11,375,000 after buying an additional 358,791 shares during the period. Hussman Strategic Advisors Inc. purchased a new stake in Amprius Technologies during the fourth quarter valued at about $1,657,000. Vanguard Group Inc. lifted its stake in Amprius Technologies by 9.5% during the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company's stock valued at $56,245,000 after buying an additional 616,037 shares in the last quarter. Finally, UBS Group AG boosted its holdings in shares of Amprius Technologies by 35.5% in the fourth quarter. UBS Group AG now owns 2,098,946 shares of the company's stock worth $16,561,000 after buying an additional 549,892 shares during the period. 5.04% of the stock is owned by institutional investors and hedge funds.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source