What is HC Wainwright’s Forecast for AMPX FY2027 Earnings?

Amprius Technologies, Inc. (NYSE:AMPX) – Equities research analysts at HC Wainwright decreased their FY2027 earnings per share (EPS) estimates for Amprius Technologies in a research report issued to clients and investors on Thursday, August 6th. HC Wainwright analyst A. Dayal now forecasts that the company will earn ($0.03) per share for the year, down from their prior forecast of $0.01. The consensus estimate for Amprius Technologies’ current full-year earnings is ($0.08) per share. HC Wainwright also issued estimates for Amprius Technologies’ FY2029 earnings at $0.38 EPS and FY2030 earnings at $0.57 EPS.

A number of other equities analysts have also weighed in on the company. Zacks Research raised Amprius Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. Roth Capital reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, JonesTrading initiated coverage on shares of Amprius Technologies in a report on Friday, July 10th. They issued a “buy” rating and a $30.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.00.

Amprius Technologies Stock Performance

NYSE:AMPX opened at $12.04 on Monday. Amprius Technologies has a one year low of $6.36 and a one year high of $24.23. The stock has a market cap of $1.71 billion, a PE ratio of -41.52 and a beta of 2.33. The stock has a 50 day moving average price of $13.06 and a 200 day moving average price of $14.95.

Insiders Place Their Bets

In related news, 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 directly owned 1,280,854 shares of the company’s stock, 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 hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the completion of the sale, the director owned 359,380 shares in the company, valued at approximately $6,170,554.60. This trade represents a 19.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 310,144 shares of company stock valued at $5,049,997. 5.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amprius Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in AMPX. Bank of America Corp DE boosted its position in shares of Amprius Technologies by 31.1% during the 4th quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after purchasing an additional 3,055 shares during the period. Quarry LP purchased a new stake in Amprius Technologies in the third quarter valued at approximately $42,000. Rhumbline Advisers raised its position in Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares during the period. Legal & General Group Plc lifted its stake in Amprius Technologies by 1,385.4% during the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after purchasing an additional 9,684 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in Amprius Technologies during the second quarter worth $44,000. 5.04% of the stock is owned by hedge funds and other 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.