Amprius Technologies (NYSE:AMPX) Stock Rating Lowered by Zacks Research

Amprius Technologies (NYSE:AMPX) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday,Zacks.com reports.

AMPX has been the topic of a number of other research reports. Roth Capital reaffirmed a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Wall Street Zen downgraded shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research report on Monday, May 11th. Finally, Clear Str started coverage on shares of Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $21.67.

Amprius Technologies Stock Performance

AMPX opened at $11.76 on Monday. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of -39.19 and a beta of 2.25. The company has a fifty day moving average of $17.01 and a 200 day moving average of $14.72. Amprius Technologies has a fifty-two week low of $4.96 and a fifty-two week high of $24.23.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The company had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities research analysts forecast that Amprius Technologies will post -0.07 earnings per share for the current year.

Insider Activity

In other news, CTO Constantin Ionel Stefan sold 28,812 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $14.79, for a total value of $426,129.48. Following the sale, the chief technology officer owned 804,518 shares of the company’s stock, valued at approximately $11,898,821.22. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 67,796 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. This trade represents a 5.03% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 310,144 shares of company stock valued at $5,049,997 over the last ninety days. 5.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Amprius Technologies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after acquiring an additional 616,037 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after purchasing an additional 253,529 shares during the period. State Street Corp grew its holdings in shares of Amprius Technologies by 16.6% in the fourth quarter. State Street Corp now owns 2,553,710 shares of the company’s stock worth $20,149,000 after purchasing an additional 363,928 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Amprius Technologies by 113.3% in the third quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock worth $25,031,000 after purchasing an additional 1,263,846 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Amprius Technologies by 23.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock worth $17,317,000 after buying an additional 410,724 shares during the period. 5.04% of the stock is owned by institutional investors.

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.