Amprius Technologies (NYSE:AMPX) Shares Gap Up After Analyst Upgrade

Amprius Technologies, Inc. (NYSE:AMPX) shares gapped up prior to trading on Wednesday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The stock had previously closed at $10.81, but opened at $12.40. Amprius Technologies shares last traded at $12.30, with a volume of 3,239,659 shares changing hands.

Several other brokerages also recently weighed in on AMPX. Clear Str initiated coverage on Amprius Technologies in a research note on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 target price for the company. Wall Street Zen lowered shares of Amprius Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. JonesTrading began coverage on shares of Amprius Technologies in a report on Friday, July 10th. They issued a “buy” rating and a $30.00 price target for the company. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Finally, Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Amprius Technologies has an average rating of “Moderate Buy” and an average target price of $22.50.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, Director Donald R. Dixon sold 85,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the completion of the transaction, the director owned 359,380 shares of the company’s stock, valued at $6,170,554.60. This represents a 19.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Constantin Ionel Stefan sold 3,208 shares of Amprius Technologies stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $17.19, for a total value of $55,145.52. Following the completion of the sale, the chief technology officer directly owned 801,310 shares in the company, valued at $13,774,518.90. This represents a 0.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 valued at $5,049,997 in the last 90 days. Corporate insiders own 5.10% of the company’s stock.

Amprius Technologies News Roundup

Here are the key news stories impacting Amprius Technologies this week:

• Positive Sentiment: Amprius reported record second-quarter revenue of approximately $34 million, more than doubling year over year and exceeding expectations. Management also raised its outlook, forecasting at least $140 million of 2026 revenue and a gross margin of at least 28%. Amprius forecasts at least $140M 2026 revenue and at least 28% gross margin
• Positive Sentiment: Growth is being supported by expanding demand for the company’s SiCore silicon-anode batteries, particularly in defense drones, while Amprius is increasing NDAA-compliant manufacturing capacity. This strengthens the company’s positioning in the defense and aerospace battery markets. Amprius Q2 earnings call highlights
• Positive Sentiment: Northland Securities raised its FY2027 EPS forecast to $0.08 from $0.05 and increased its Q3 and Q4 2027 estimates to $0.03 and $0.04, respectively. Clear Street also maintained a Buy rating, supporting the bullish interpretation of Amprius’s growth trajectory. Clear Street maintains Buy rating
• Neutral Sentiment: Zacks Research upgraded Amprius from “strong sell” to “hold,” indicating reduced pessimism but not a bullish rating. Analysts’ positive forecasts also imply a transition from current losses toward profitability in 2027. Zacks Research
• Negative Sentiment: HC Wainwright lowered its FY2028 EPS estimate to $0.16 from $0.18. In addition, commentary warns that the second half will be an important test for converting strong demand and revenue growth into consistent earnings, leaving execution risk for investors. Amprius Q2 growth thesis and second-half outlook

Institutional Investors Weigh In On Amprius Technologies

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings 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 last quarter. Quarry LP purchased a new stake in Amprius Technologies in the 3rd quarter valued at $42,000. Rhumbline Advisers grew its holdings in Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after acquiring an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Amprius Technologies in the 2nd quarter worth $44,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Amprius Technologies Trading Up 1.4%

The firm has a fifty day moving average price of $13.65 and a 200 day moving average price of $14.93. The firm has a market cap of $1.61 billion, a PE ratio of -39.21 and a beta of 2.33.

Amprius Technologies (NYSE:AMPX) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate 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 13.23% and a negative net margin of 35.16%. As a group, equities analysts predict that Amprius Technologies, Inc. will post -0.08 earnings per share for the current year.

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.