Amprius Technologies (NYSE:AMPX) Stock Price Up 4% – What’s Next?

Shares of Amprius Technologies, Inc. (NYSE:AMPX) rose 4% on Thursday . The stock traded as high as $17.13 and last traded at $17.0930. Approximately 5,753,316 shares changed hands during trading, a decline of 36% from the average daily volume of 8,941,151 shares. The stock had previously closed at $16.43.

Wall Street Analyst Weigh In

AMPX has been the subject of several research reports. Craig Hallum raised their target price on Amprius Technologies from $17.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Northland Securities set a $24.00 target price on Amprius Technologies in a research note on Monday, May 11th. B. Riley Financial raised their target price on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Wall Street Zen cut Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 target price on shares of Amprius Technologies in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Amprius Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Amprius Technologies Stock Performance

The firm’s 50 day simple moving average is $18.53 and its 200-day simple moving average is $14.27. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of -56.97 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last released its earnings results 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 business had revenue of $28.54 million during the quarter, compared to analysts’ expectations of $25.72 million. Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, equities analysts anticipate that Amprius Technologies, Inc. will post -0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Donald R. Dixon sold 17,895 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.90, for a total value of $320,320.50. Following the completion of the sale, the director owned 484,380 shares in the company, valued at $8,670,402. This represents a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kang Sun sold 67,796 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 1,280,854 shares of the company’s stock, valued at approximately $18,943,830.66. This represents a 5.03% decrease in their ownership of the stock. 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 1,903,013 shares of company stock worth $30,786,284 over the last three months. Company insiders own 5.10% of the company’s stock.

Institutional Trading of Amprius Technologies

Several institutional investors have recently made changes to their positions in AMPX. Bank of America Corp DE boosted its holdings in shares of Amprius Technologies by 31.1% during the fourth 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 boosted its holdings in shares of Amprius Technologies by 86.7% during the first quarter. AQR Capital Management LLC now owns 77,764 shares of the company’s stock worth $208,000 after purchasing an additional 36,116 shares during the period. Millennium Management LLC boosted its holdings 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 during the period. Goldman Sachs Group Inc. boosted its holdings 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 during the period. Finally, Rhumbline Advisers boosted its holdings in shares of Amprius Technologies by 61.1% during the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock worth $42,000 after purchasing an additional 5,951 shares during the period. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.