Amprius Technologies (NYSE:AMPX – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of –0.070 for the period, compared to the consensus EPS estimate of -0.070. The company issued revenue guidance of $145.0 million, compared to the consensus revenue estimate of $140.6 million.
Amprius Technologies Stock Performance
NYSE AMPX traded down $0.11 during trading on Wednesday, hitting $9.06. The stock had a trading volume of 2,315,860 shares, compared to its average volume of 7,448,536. The company has a market capitalization of $1.28 billion, a PE ratio of -31.52 and a beta of 2.36. Amprius Technologies has a 12 month low of $7.02 and a 12 month high of $24.23. The company’s 50-day moving average price is $9.08 and its two-hundred day moving average price is $13.23.
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings data on Tuesday, November 10th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Amprius Technologies had a negative return on equity of 12.63% and a negative net margin of 35.16%. The business had revenue of $39.15 million during the quarter, compared to the consensus estimate of $35.80 million. During the same period in the prior year, the firm earned ($0.03) EPS. As a group, equities analysts anticipate that Amprius Technologies will post -0.08 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
AMPX has been the topic of several recent analyst reports. HC Wainwright reaffirmed a “buy” rating and set a $18.00 price target on shares of Amprius Technologies in a research report on Tuesday, September 29th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a report on Friday. Zacks Research raised Amprius Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. UBS Group restated an “outperform” rating on shares of Amprius Technologies in a research note on Friday. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amprius Technologies in a research report on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.42.
Check Out Our Latest Research Report on Amprius Technologies
Insiders Place Their Bets
In other Amprius Technologies news, CEO Thomas M. Stepien sold 23,529 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $243,289.86. Following the transaction, the chief executive officer directly owned 602,096 shares of the company’s stock, valued at $6,225,672.64. This represents a 3.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Constantin Stefan sold 29,681 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $10.34, for a total value of $306,901.54. Following the completion of the transaction, the chief technology officer directly owned 771,629 shares in the company, valued at approximately $7,978,643.86. This represents a 3.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 123,311 shares of company stock valued at $1,272,556 over the last ninety days. 5.10% of the stock is currently owned by company insiders.
Trending Headlines about Amprius Technologies
Investors following AMPX have been watching these headlines:
- Positive Sentiment: Third-quarter revenue rose 83% year over year to $39.1 million, above analysts’ $35.8 million estimate. Gross profit increased to $10.5 million, and the net loss narrowed to $3.5 million from $3.9 million a year earlier. Amprius Q3 results
- Neutral Sentiment: The company ended the quarter with $60.7 million in cash, though operating cash flow was negative $7.8 million. Quarterly financial details
- Negative Sentiment: A report also noted that Amprius insiders made 14 open-market sales and no purchases over the past six months, which may weigh on investor sentiment. Insider trading and earnings data
Amprius Technologies Company Profile
Amprius Technologies, Inc. develops and manufactures lithium-ion batteries designed to provide high energy density and power. Its battery technology uses silicon-based anodes, an alternative to the graphite anodes commonly used in conventional lithium-ion cells. The company’s products are designed for applications where low weight and high performance are important, including electric aviation, drones, aerospace, defense and other mobility markets. Amprius offers silicon-anode cells for customers developing these systems.
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