What is B. Riley's Forecast for AMPX FY2027 Earnings?

Amprius Technologies, Inc. (NYSE:AMPX - Free Report) - Investment analysts at B. Riley issued their FY2027 earnings per share estimates for shares of Amprius Technologies in a report issued on Thursday, July 10th. B. Riley analyst R. Pfingst forecasts that the company will post earnings of $0.02 per share for the year. B. Riley has a "Buy" rating and a $10.00 price objective on the stock. The consensus estimate for Amprius Technologies' current full-year earnings is ($0.45) per share.

Amprius Technologies (NYSE:AMPX - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $0.01. Amprius Technologies had a negative return on equity of 67.67% and a negative net margin of 133.34%. The business had revenue of $11.28 million during the quarter, compared to analysts' expectations of $8.52 million.

Several other research analysts also recently issued reports on AMPX. Roth Mkm restated a "buy" rating and set a $6.00 price objective on shares of Amprius Technologies in a research report on Friday, March 21st. Oppenheimer boosted their price target on Amprius Technologies from $14.00 to $15.00 and gave the stock an "outperform" rating in a report on Friday, March 21st. Finally, HC Wainwright reaffirmed a "buy" rating and set a $10.00 price objective on shares of Amprius Technologies in a research note on Friday, March 21st. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $10.17.

Amprius Technologies Trading Down 0.6%

Shares of AMPX opened at $6.46 on Monday. Amprius Technologies has a 12-month low of $0.61 and a 12-month high of $6.96. The stock has a market cap of $761.81 million, a P/E ratio of -15.76 and a beta of 2.68. The company has a 50-day moving average of $3.47 and a two-hundred day moving average of $3.02.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in AMPX. Jane Street Group LLC purchased a new position in shares of Amprius Technologies in the 4th quarter worth about $724,000. Oppenheimer & Co. Inc. lifted its position in Amprius Technologies by 319.4% during the first quarter. Oppenheimer & Co. Inc. now owns 491,378 shares of the company's stock valued at $1,317,000 after buying an additional 374,228 shares in the last quarter. Two Sigma Advisers LP purchased a new stake in Amprius Technologies during the fourth quarter worth approximately $128,000. Geode Capital Management LLC grew its stake in Amprius Technologies by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 580,819 shares of the company's stock worth $1,626,000 after buying an additional 32,681 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Amprius Technologies by 5,740.5% in the fourth quarter. Renaissance Technologies LLC now owns 765,100 shares of the company's stock worth $2,142,000 after acquiring an additional 752,000 shares in the last quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amprius Technologies

In related news, CEO Kang Sun sold 69,786 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $2.43, for a total value of $169,579.98. Following the completion of the sale, the chief executive officer directly owned 1,812,235 shares in the company, valued at approximately $4,403,731.05. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Constantin Ionel Stefan sold 20,366 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $2.43, for a total transaction of $49,489.38. Following the transaction, the chief technology officer directly owned 866,134 shares of the company's stock, valued at $2,104,705.62. This trade represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 117,747 shares of company stock worth $286,125. 12.90% of the stock is currently owned by insiders.

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.

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