Amprius Technologies, Inc. (NYSE:AMPX) Forecasted to Post FY2028 Earnings of $0.16 Per Share

Amprius Technologies, Inc. (NYSE:AMPX - Free Report) - Investment analysts at HC Wainwright issued their FY2028 EPS estimates for Amprius Technologies in a research note issued to investors on Thursday, April 4th. HC Wainwright analyst A. Dayal expects that the company will post earnings of $0.16 per share for the year. HC Wainwright currently has a "Buy" rating and a $10.00 target price on the stock. The consensus estimate for Amprius Technologies' current full-year earnings is ($0.42) per share.

A number of other brokerages have also recently weighed in on AMPX. Oppenheimer restated an "outperform" rating and set a $15.00 target price on shares of Amprius Technologies in a report on Friday, March 22nd. Roth Mkm initiated coverage on Amprius Technologies in a report on Thursday, January 11th. They set a "buy" rating and a $10.00 target price for the company. Roth Capital reissued a "buy" rating on shares of Amprius Technologies in a research report on Thursday, January 11th. Finally, William Blair started coverage on shares of Amprius Technologies in a research note on Monday, December 18th. They issued a "market perform" rating on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Amprius Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $11.60.

Amprius Technologies Price Performance

Shares of AMPX traded down $0.10 during mid-day trading on Friday, hitting $2.05. The company's stock had a trading volume of 973,073 shares, compared to its average volume of 596,421. The firm has a 50-day moving average price of $3.31 and a 200 day moving average price of $3.76. Amprius Technologies has a fifty-two week low of $1.98 and a fifty-two week high of $10.63. The stock has a market capitalization of $181.22 million, a price-to-earnings ratio of -4.74 and a beta of 2.84.

Amprius Technologies (NYSE:AMPX - Get Free Report) last released its earnings results on Thursday, March 21st. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. Amprius Technologies had a negative return on equity of 55.31% and a negative net margin of 406.23%. The firm had revenue of $3.94 million during the quarter, compared to the consensus estimate of $2.60 million. During the same period in the prior year, the firm posted ($0.07) earnings per share.

Insider Transactions at Amprius Technologies

In other news, insider Jonathan Bornstein sold 109,800 shares of the firm's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $2.92, for a total transaction of $320,616.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 14.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Amprius Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMPX. Invesco Ltd. bought a new stake in shares of Amprius Technologies during the third quarter worth $8,006,000. Kestra Advisory Services LLC bought a new stake in Amprius Technologies during the 3rd quarter worth about $484,000. B. Riley Wealth Advisors Inc. acquired a new position in Amprius Technologies during the 3rd quarter valued at about $58,000. Pathstone Family Office LLC bought a new position in shares of Amprius Technologies in the 3rd quarter valued at about $60,000. Finally, Barclays PLC grew its position in shares of Amprius Technologies by 2,623.0% during the 3rd quarter. Barclays PLC now owns 29,163 shares of the company's stock worth $140,000 after buying an additional 28,092 shares during the period. Institutional investors and hedge funds own 5.04% of the company's stock.

About Amprius Technologies

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.