Amprius Technologies’ (AMPX) Buy Rating Reaffirmed at HC Wainwright

Amprius Technologies (NYSE:AMPX)‘s stock had its “buy” rating reissued by equities researchers at HC Wainwright in a note issued to investors on Tuesday, MarketBeat Ratings reports. They presently have a $18.00 price objective on the stock. HC Wainwright’s price target suggests a potential upside of 90.13% from the stock’s current price.

Several other equities analysts also recently issued reports on AMPX. Clear Str initiated coverage on Amprius Technologies in a research report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price objective for the company. Zacks Research upgraded Amprius Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a research report on Friday, July 17th. Finally, JonesTrading started coverage on Amprius Technologies in a research report on Friday, July 10th. They issued a “buy” rating and a $30.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Amprius Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $22.09.

Amprius Technologies Price Performance

Shares of NYSE AMPX traded down $0.13 during midday trading on Tuesday, hitting $9.47. 3,340,992 shares of the company’s stock were exchanged, compared to its average volume of 7,748,502. The stock’s 50 day moving average price is $10.19 and its 200-day moving average price is $14.49. The firm has a market cap of $1.34 billion, a P/E ratio of -32.71 and a beta of 2.33. Amprius Technologies has a twelve month low of $7.71 and a twelve month high of $24.23.

Insiders Place Their Bets

In other Amprius Technologies news, CTO Constantin Stefan sold 29,681 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $306,901.54. Following the completion of the sale, the chief technology officer directly owned 771,629 shares in the company, valued at $7,978,643.86. This represents a 3.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas Stepien sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $10.03, for a total value of $80,240.00. Following the completion of the sale, the chief executive officer owned 594,096 shares of the company’s stock, valued at $5,958,782.88. This trade represents a 1.33% 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 sold 123,311 shares of company stock worth $1,272,556 over the last ninety days. Company insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP bought a new position in shares of Amprius Technologies in the second quarter valued at $4,751,000. Mangrove Partners IM LLC bought a new position in shares of Amprius Technologies in the fourth quarter valued at $920,000. Calamos Advisors LLC increased its holdings in shares of Amprius Technologies by 206.2% in the first quarter. Calamos Advisors LLC now owns 364,506 shares of the company’s stock valued at $6,146,000 after buying an additional 245,473 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Amprius Technologies in the first quarter valued at $2,769,000. Finally, SG Americas Securities LLC increased its holdings in shares of Amprius Technologies by 65.7% in the first quarter. SG Americas Securities LLC now owns 423,037 shares of the company’s stock valued at $7,132,000 after buying an additional 167,785 shares in the last quarter. Institutional investors own 5.04% of the company’s stock.

Key Stories Impacting Amprius Technologies

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

• Positive Sentiment: Amprius secured a grant of up to $75 million from the U.S. Department of War’s Industrial Base Analysis and Sustainment program. The funding will help retrofit an existing U.S. EV-battery production line to manufacture high-energy-density cells for unmanned aerial systems, reducing the capital burden of expanding domestic capacity. Amprius Secures $75 Million Grant
• Positive Sentiment: The defense award strengthens Amprius’ position as a supplier of batteries for Group 1–3 drones and other military systems. The project could ultimately support production of approximately 12 million cells annually, while helping address prior concerns about demand, funding, and domestic manufacturing. Amprius Awarded Defense Grant
• Positive Sentiment: H.C. Wainwright reaffirmed its Buy rating and set an $18 price target, indicating substantial potential upside from recent trading levels. The target adds analyst support following the grant announcement. H.C. Wainwright Reiterates Buy Rating
• Neutral Sentiment: The grant is milestone-based and reimbursement-oriented. Amprius must complete facility retrofitting, obtain required contributions and NDAA compliance, begin operations, and ramp production before receiving the full award.
• Negative Sentiment: Execution remains the main risk. Amprius will rely on a South Korean contract manufacturing partner to scale the facility, so delays, production problems, or slower customer adoption could limit the financial benefit and keep the stock volatile.

About Amprius Technologies

Amprius Technologies, Inc (NYSE: AMPX) develops and manufactures high-performance lithium-ion batteries designed to deliver greater energy density and power than conventional lithium-ion batteries. Its technology uses silicon nanowire anodes in place of traditional graphite anodes, enabling batteries with increased energy storage potential while supporting demanding weight and performance requirements.

The company’s battery products are designed for applications including electric aviation, unmanned aerial systems, aerospace, defense, electric mobility and other specialized markets.