Amprius Technologies (NYSE:AMPX) Stock Price Up 11.8% – Still a Buy?

Amprius Technologies, Inc. (NYSE:AMPXGet Free Report) shares were up 11.8% during mid-day trading on Thursday . The company traded as high as $9.52 and last traded at $9.4350. 5,997,124 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 8,446,143 shares. The stock had previously closed at $8.44.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMPX. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a report on Friday, May 8th. JonesTrading began coverage on shares of Amprius Technologies in a research report on Friday, July 10th. They set a “buy” rating and a $30.00 price objective for the company. Zacks Research downgraded shares of Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Clear Str started coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price on the stock. Finally, Northland Securities set a $24.00 price target on Amprius Technologies in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $22.50.

Read Our Latest Analysis on AMPX

Amprius Technologies Price Performance

The stock’s 50 day moving average is $14.46 and its two-hundred day moving average is $14.92. The stock has a market capitalization of $1.34 billion, a PE ratio of -31.45 and a beta of 2.25.

Amprius Technologies (NYSE:AMPXGet Free Report) last posted its quarterly earnings results 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 return on equity of 17.48% and a negative net margin of 43.98%.The firm had revenue of $28.54 million for the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities analysts predict that Amprius Technologies, Inc. will post -0.07 earnings per share for the current year.

Insider Transactions at Amprius Technologies

In other news, CTO Constantin Ionel Stefan sold 3,208 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total transaction of $55,145.52. Following the transaction, the chief technology officer directly owned 801,310 shares in the company, valued at $13,774,518.90. The trade was a 0.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $1,002,702.84. Following the completion of the transaction, the director owned 1,280,854 shares of the company’s stock, valued at $18,943,830.66. The trade was 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 have sold a total of 310,144 shares of company stock worth $5,049,997 over the last three months. 5.10% of the stock is currently owned by company insiders.

Institutional Trading of Amprius Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE lifted its stake 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. AQR Capital Management LLC raised its stake in shares of Amprius Technologies by 86.7% in the 1st quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock valued at $208,000 after acquiring an additional 36,116 shares during the period. Millennium Management LLC lifted its stake in shares of Amprius Technologies by 94.5% during the first quarter. Millennium Management LLC now owns 1,396,013 shares of the company’s stock worth $3,741,000 after purchasing an additional 678,442 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Amprius Technologies by 128.6% during the first quarter. Goldman Sachs Group Inc. now owns 244,646 shares of the company’s stock worth $656,000 after purchasing an additional 137,640 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in Amprius Technologies by 61.1% during the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after purchasing an additional 5,951 shares in the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Amprius Technologies Company Profile

(Get Free Report)

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.

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