FY2028 EPS Forecast for Amprius Technologies Cut by Analyst

Amprius Technologies, Inc. (NYSE:AMPX) – Investment analysts at HC Wainwright lowered their FY2028 earnings per share estimates for Amprius Technologies in a research report issued to clients and investors on Thursday, November 12th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of $0.08 per share for the year, down from their previous forecast of $0.16. HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for Amprius Technologies’ current full-year earnings is ($0.07) per share.

AMPX has been the topic of a number of other reports. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Thursday, October 15th. UBS Group reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, November 6th. William Blair reiterated an “outperform” rating on shares of Amprius Technologies in a research note on Friday, November 6th. National Bank Financial set a $18.00 price target on shares of Amprius Technologies in a research report on Tuesday, September 29th. Finally, B. Riley Financial lowered their price target on shares of Amprius Technologies from $22.00 to $16.00 and set a “buy” rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $20.50.

Amprius Technologies Price Performance

Shares of AMPX opened at $8.39 on Friday. The business has a 50-day moving average of $9.04 and a 200 day moving average of $13.20. Amprius Technologies has a fifty-two week low of $7.02 and a fifty-two week high of $24.23.

Amprius Technologies (NYSE:AMPX) last issued its quarterly earnings results on Tuesday, November 10th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $39.15 million for the quarter, compared to analysts’ expectations of $35.80 million. Amprius Technologies had a negative net margin of 29.94% and a negative return on equity of 12.01%. During the same period in the prior year, the company earned ($0.03) EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. increased its position in shares of Amprius Technologies by 355.6% during the second quarter. TD Waterhouse Canada Inc. now owns 2,105 shares of the company’s stock valued at $29,000 after buying an additional 1,643 shares during the period. Sterling Capital Management LLC boosted its position in shares of Amprius Technologies by 847.2% in the third quarter. Sterling Capital Management LLC now owns 4,575 shares of the company’s stock valued at $44,000 after acquiring an additional 4,092 shares during the period. KBC Group NV bought a new position in shares of Amprius Technologies in the first quarter valued at approximately $57,000. Allworth Financial LP grew its stake in Amprius Technologies by 1,150.6% during the second quarter. Allworth Financial LP now owns 4,527 shares of the company’s stock valued at $63,000 after acquiring an additional 4,165 shares in the last quarter. Finally, Nykredit A S purchased a new position in Amprius Technologies during the second quarter valued at approximately $79,000. Hedge funds and other institutional investors own 5.04% of the company’s stock.

Insider Transactions at Amprius Technologies

In other news, Director Kang Sun sold 62,101 shares of Amprius Technologies stock in a transaction on Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $642,124.34. Following the completion of the transaction, the director directly owned 1,218,397 shares in the company, valued at approximately $12,598,224.98. The trade was a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas Stepien sold 23,529 shares of the business’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 $243,289.86. Following the sale, the chief executive officer owned 602,096 shares in the company, valued at approximately $6,225,672.64. The trade was a 3.76% 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 123,311 shares of company stock valued at $1,272,556 over the last three months. Company insiders own 5.10% of the company’s stock.

Key Amprius Technologies News

Here’s some of the latest news about AMPX:

• Positive Sentiment: Amprius raised its 2026 revenue outlook to $145 million, above the prior consensus of $140.6 million. Third-quarter revenue grew 83% year over year to $39.15 million, beating estimates. What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
• Negative Sentiment: The company’s quarterly loss was wider than expected: EPS was negative $0.02 versus analysts’ forecast of negative $0.01. Freight costs also pressured margins, tempering the strong revenue growth. Amprius Technologies Reports Wider Than Expected Q3 2026 Loss
• Negative Sentiment: Analysts lowered their estimates and price targets. HC Wainwright halved its FY2028 EPS forecast to $0.08 from $0.16; B. Riley cut its target to $16 from $22, and Needham reduced its target to $15 from $20. Both firms retained Buy ratings, but the revisions add near-term pressure.

About Amprius Technologies

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.