Amprius Technologies (NYSE:AMPX) Shares Down 4.5% on Disappointing Earnings

Key Points

• Amprius shares fell 4.5% after reporting a quarterly loss of $0.02 per share, missing analysts’ expectation of a $0.01 loss.
• Results were mixed: revenue rose 83% year over year to $39.15 million, beating estimates of $35.80 million, but the company remained loss-making.
• The company forecast 2026 revenue of $145 million, above the roughly $140.6 million consensus estimate.

Shares of Amprius Technologies, Inc. (NYSE:AMPX - Get Free Report) dropped 4.5% during trading on Wednesday following a dissappointing earnings announcement. The company traded as low as $8.49 and last traded at $8.7550. 5,100,618 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 7,463,887 shares. The stock had previously closed at $9.17.

The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The firm had revenue of $39.15 million for the quarter, compared to analyst estimates of $35.80 million. Amprius Technologies had a negative return on equity of 12.63% and a negative net margin of 35.16%. During the same period in the previous year, the business posted ($0.03) EPS.

Amprius Technologies News Roundup

Investors following AMPX have been watching these news items:

• Positive Sentiment: Q3 revenue rose 83% year over year to $39.1 million, topping the roughly $35.8 million analyst estimate. The company also reported gross profit of $10.5 million. Amprius Technologies Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Amprius guided to 2026 revenue of $145 million, above the approximately $140.6 million consensus, and the earnings preview cited expected Q3 revenue growth of 67.2% amid battery demand and expanding electric mobility. 2026 Revenue Outlook
• Negative Sentiment: Q3 loss per share was $0.02, wider than the $0.01 loss analysts expected. The company remained loss-making, with a $3.5 million net loss attributable to common shareholders and negative operating cash flow, contributing to the negative market reaction. Amprius shares fall after Q3 earnings miss

Wall Street Analysts Forecast Growth

AMPX has been the topic of several analyst reports. Canaccord Genuity Group started coverage on shares of Amprius Technologies in a report on Wednesday, October 14th. They issued a "buy" rating and a $14.00 price target on the stock. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Amprius Technologies in a report on Thursday, October 15th. Zacks Research raised shares of Amprius Technologies from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 4th. UBS Group reissued an "outperform" rating on shares of Amprius Technologies in a research note on Friday, November 6th. Finally, HC Wainwright reissued a "buy" rating and issued a $18.00 price target on shares of Amprius Technologies in a research report on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $21.42.

Insider Transactions at Amprius Technologies

In related news, CTO Constantin Stefan sold 29,681 shares of Amprius Technologies stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.34, for a total transaction of $306,901.54. Following the completion of the transaction, the chief technology officer directly owned 771,629 shares of the company's stock, valued at $7,978,643.86. This trade represents a 3.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 62,101 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.34, for a total transaction of $642,124.34. Following the completion of the transaction, the director owned 1,218,397 shares in the company, valued at approximately $12,598,224.98. This trade represents a 4.85% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 123,311 shares of company stock valued at $1,272,556. 5.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of AMPX. Stephens Investment Management Group LLC grew its position in Amprius Technologies by 517.1% during the 3rd quarter. Stephens Investment Management Group LLC now owns 4,408,140 shares of the company's stock worth $42,671,000 after acquiring an additional 3,693,816 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Amprius Technologies by 192.1% during the third quarter. Russell Investments Group Ltd. now owns 592,881 shares of the company's stock worth $5,739,000 after purchasing an additional 389,922 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Amprius Technologies by 34.1% during the first quarter. Sei Investments Co. now owns 579,161 shares of the company's stock worth $9,765,000 after purchasing an additional 147,375 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Amprius Technologies by 700.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 431,398 shares of the company's stock worth $6,695,000 after purchasing an additional 377,485 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Amprius Technologies by 1,105.0% during the 1st quarter. First Trust Advisors LP now owns 394,569 shares of the company's stock worth $6,652,000 after buying an additional 361,825 shares in the last quarter. Institutional investors own 5.04% of the company's stock.

Amprius Technologies Stock Performance

The company's 50-day moving average is $9.08 and its 200-day moving average is $13.23. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of -30.16 and a beta of 2.36.

About Amprius Technologies

Amprius Technologies, Inc. develops and manufactures lithium-ion batteries designed to provide high energy density and power. Its battery technology uses silicon-based anodes, an alternative to the graphite anodes commonly used in conventional lithium-ion cells. The company's products are designed for applications where low weight and high performance are important, including electric aviation, drones, aerospace, defense and other mobility markets. Amprius offers silicon-anode cells for customers developing these systems.

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