What is HC Wainwright’s Forecast for AMPX FY2028 Earnings?

Amprius Technologies, Inc. (NYSE:AMPX) – Investment analysts at HC Wainwright cut their FY2028 earnings per share (EPS) estimates for Amprius Technologies in a research note issued on Thursday, August 6th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of $0.16 per share for the year, down from their previous forecast of $0.18. The consensus estimate for Amprius Technologies’ current full-year earnings is ($0.08) per share.

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The business had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies had a negative net margin of 35.16% and a negative return on equity of 13.23%.

AMPX has been the subject of several other research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a report on Friday, July 17th. JonesTrading started coverage on shares of Amprius Technologies in a research note on Friday, July 10th. They set a “buy” rating and a $30.00 price target on the stock. Clear Str started coverage on shares of Amprius Technologies in a research report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 price target for the company. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research note on Friday, May 8th. Finally, Northland Securities set a $24.00 price objective on shares of Amprius Technologies in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Amprius Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.50.

Amprius Technologies Trading Down 4.5%

AMPX stock opened at $11.20 on Friday. Amprius Technologies has a twelve month low of $6.36 and a twelve month high of $24.23. The company’s 50 day moving average is $13.65 and its two-hundred day moving average is $14.93. The stock has a market cap of $1.59 billion, a P/E ratio of -38.61 and a beta of 2.33.

Institutional Trading of Amprius Technologies

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its position in 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 acquired a new position in Amprius Technologies in the third quarter valued at $42,000. Rhumbline Advisers raised its holdings in shares of Amprius Technologies by 61.1% in the first quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after buying an additional 5,951 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Amprius Technologies by 1,385.4% in the second quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock valued at $44,000 after buying an additional 9,684 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Amprius Technologies during the second quarter worth about $44,000. Institutional investors and hedge funds own 5.04% of the company’s stock.

Insider Transactions at Amprius Technologies

In other Amprius Technologies news, CEO Thomas M. Stepien sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $20.97, for a total value of $41,940.00. Following the completion of the sale, the chief executive officer owned 625,625 shares in the company, valued at approximately $13,119,356.25. The trade was a 0.32% 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 Donald R. Dixon sold 85,000 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $17.17, for a total value of $1,459,450.00. Following the completion of the sale, the director directly owned 359,380 shares of the company’s stock, valued at $6,170,554.60. The trade was a 19.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 310,144 shares of company stock worth $5,049,997 in the last three months. Corporate insiders own 5.10% of the company’s stock.

Key Amprius Technologies News

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

• Positive Sentiment: Record Q2 revenue reached approximately $34 million, representing 125% year-over-year growth and exceeding expectations. Management also raised its outlook, forecasting at least $140 million in 2026 revenue and a gross margin of at least 28%. Amprius forecasts 2026 revenue and gross margin
• Positive Sentiment: Demand for Amprius’ SiCore batteries is expanding, particularly in defense drones. The company is also increasing NDAA-compliant manufacturing capacity, improving its ability to pursue U.S. defense-related contracts. Q2 earnings call highlights
• Positive Sentiment: Coverage has improved after Zacks Research upgraded AMPX from “strong sell” to “hold.” Reports also cited bullish analyst targets, increased institutional buying and elevated short interest, which could amplify a rebound if operating results continue to improve. Zacks Research
• Neutral Sentiment: The earnings release produced a revenue beat and prompted a sharp initial rally, but the stock’s subsequent volatility suggests investors may be taking profits or demanding more evidence that the upgraded guidance is achievable. Amprius trading after earnings beat
• Negative Sentiment: Amprius remains unprofitable, with a quarterly loss and negative margins. Continued cash needs, production scale-up requirements and dependence on converting battery demand into contracts could limit the stock’s upside despite the strong growth outlook. Amprius Q2 earnings report

Amprius Technologies Company Profile

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.