Amprius Technologies (NYSE:AMPX) Shares Up 2.7% – Should You Buy?

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price shot up 2.7% on Wednesday . The stock traded as high as $20.45 and last traded at $20.2280. 5,405,789 shares changed hands during trading, a decline of 38% from the average session volume of 8,752,852 shares. The stock had previously closed at $19.69.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMPX. Needham & Company LLC restated a “buy” rating and set a $20.00 price target on shares of Amprius Technologies in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Craig Hallum lifted their price objective on Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. B. Riley Financial lifted their price objective on Amprius Technologies from $16.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $20.00 price objective (up from $16.00) on shares of Amprius Technologies in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.75.

Amprius Technologies Stock Down 1.1%

The stock has a 50 day moving average of $16.95 and a 200 day moving average of $13.10. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of -61.27 and a beta of 2.21.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings data on Wednesday, March 4th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $25.23 million for the quarter, compared to analyst estimates of $22.91 million. Amprius Technologies had a negative return on equity of 24.29% and a negative net margin of 60.30%.Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. As a group, sell-side analysts anticipate that Amprius Technologies, Inc. will post -0.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amprius Technologies news, Director Kang Sun sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $15.91, for a total value of $23,865,000.00. Following the transaction, the director directly owned 1,342,400 shares of the company’s stock, valued at approximately $21,357,584. The trade was a 52.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Wen Hsuan Hsieh sold 413,146 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $18.44, for a total value of $7,618,412.24. Following the completion of the transaction, the director directly owned 44,444 shares in the company, valued at approximately $819,547.36. This trade represents a 90.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,539,829 shares of company stock valued at $42,323,376 in the last ninety days. 12.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amprius Technologies

Several institutional investors have recently added to or reduced their stakes in AMPX. Bank of America Corp DE lifted its stake in Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock valued at $36,000 after buying an additional 3,055 shares during the period. AQR Capital Management LLC raised its position 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 raised its position 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. raised its position 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 raised its position 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 owned by institutional investors and hedge funds.

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.