Amprius Technologies (NYSE:AMPX) Trading 5% Higher – What’s Next?

Amprius Technologies, Inc. (NYSE:AMPX) shares were up 5% during trading on Tuesday . The company traded as high as $21.69 and last traded at $21.4030. Approximately 6,631,255 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 8,611,017 shares. The stock had previously closed at $20.38.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMPX shares. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Monday, April 20th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. B. Riley Financial upped their price objective on shares of Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Needham & Company LLC restated a “buy” rating and issued a $20.00 price objective on shares of Amprius Technologies in a research report on Tuesday, March 10th. Finally, Cantor Fitzgerald upped their price objective on shares of Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

Amprius Technologies Stock Performance

The stock has a fifty day simple moving average of $16.95 and a 200-day simple moving average of $13.10. The stock has a market cap of $2.93 billion, a P/E ratio of -62.95 and a beta of 2.20.

Amprius Technologies (NYSE:AMPX) last released its earnings results on Wednesday, March 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The firm had revenue of $25.23 million during the quarter, compared to analysts’ expectations of $22.91 million. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, research analysts anticipate that Amprius Technologies, Inc. will post -0.03 earnings per share for the current year.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Steven Chu sold 166,632 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $17.92, for a total transaction of $2,986,045.44. Following the completion of the transaction, the director owned 127,339 shares in the company, valued at approximately $2,281,914.88. This represents a 56.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $18.44, for a total value of $7,618,412.24. Following the transaction, the director owned 44,444 shares of the company’s stock, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,539,829 shares of company stock worth $42,323,376 in the last 90 days. Company insiders own 12.80% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of 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 in the last quarter. Geode Capital Management LLC grew its holdings in shares of Amprius Technologies by 10.5% in the 4th quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock valued at $21,137,000 after acquiring an additional 253,529 shares in the last quarter. State Street Corp grew its holdings in shares of Amprius Technologies by 16.6% in the 4th quarter. State Street Corp now owns 2,553,710 shares of the company’s stock valued at $20,149,000 after acquiring an additional 363,928 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Amprius Technologies by 113.3% in the 3rd quarter. Invesco Ltd. now owns 2,379,384 shares of the company’s stock valued at $25,031,000 after acquiring an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Amprius Technologies by 23.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after acquiring an additional 410,724 shares in the last quarter. Institutional investors own 5.04% of the company’s stock.

Amprius Technologies Company Profile

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.