Stock analysts at Clear Str initiated coverage on shares of Amprius Technologies (NYSE:AMPX – Get Free Report) in a research note issued to investors on Tuesday,Zacks.com reports. The firm set a “strong-buy” rating and a $33.00 price target on the stock. Clear Str’s target price suggests a potential upside of 76.19% from the company’s current price.
Several other research analysts also recently issued reports on the company. Cantor Fitzgerald upped their price objective on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. B. Riley Financial increased their target price on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Roth Mkm reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.67.
Read Our Latest Report on Amprius Technologies
Amprius Technologies Stock Down 4.9%
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $28.54 million for the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies had a negative return on equity of 17.48% and a negative net margin of 43.98%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Equities analysts predict that Amprius Technologies will post -0.07 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Steven Chu sold 166,632 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $17.92, for a total value of $2,986,045.44. Following the completion of the transaction, the director owned 127,339 shares of the company’s stock, 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 SEC, which can be accessed through this hyperlink. Also, CEO Thomas M. Stepien sold 60,702 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $897,782.58. Following the completion of the transaction, the chief executive officer directly owned 699,298 shares of the company’s stock, valued at $10,342,617.42. The trade was a 7.99% 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. Over the last quarter, insiders have sold 2,638,356 shares of company stock worth $44,268,694. 5.10% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Amprius Technologies
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Amprius Technologies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 7,128,657 shares of the company’s stock valued at $56,245,000 after purchasing an additional 616,037 shares in the last quarter. Geode Capital Management LLC lifted its stake in Amprius Technologies by 10.5% during the fourth quarter. Geode Capital Management LLC now owns 2,678,417 shares of the company’s stock worth $21,137,000 after purchasing an additional 253,529 shares in the last quarter. State Street Corp raised its stake 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 valued at $20,149,000 after acquiring an additional 363,928 shares in the last quarter. Invesco Ltd. raised its stake 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 valued at $25,031,000 after acquiring an additional 1,263,846 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Amprius Technologies by 23.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,194,841 shares of the company’s stock valued at $17,317,000 after buying an additional 410,724 shares during the last quarter. 5.04% of the stock is currently 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.
Recommended Stories
- Five stocks we like better than Amprius Technologies
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
- 3 Multi-Metal Stocks for Income and Long-Term Growth
- Nebius Is Up Nearly 175% This Year—Here’s What’s Driving the Latest Run
- Technology Stocks Just Got Cheaper—Here Are 5 Mega-Caps Worth a Closer Look
Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
