Amprius Technologies (AMPX) to Release Earnings on Thursday

Amprius Technologies (NYSE:AMPX) will likely be announcing its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $8.52 million for the quarter.

Amprius Technologies (NYSE:AMPX) last posted its earnings results on Thursday, March 20th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.01. Amprius Technologies had a negative net margin of 245.92% and a negative return on equity of 71.39%. The firm had revenue of $10.63 million during the quarter, compared to analysts’ expectations of $7.12 million. On average, analysts expect Amprius Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Amprius Technologies Stock Down 3.2 %

Shares of AMPX opened at $2.28 on Tuesday. The firm has a market cap of $268.28 million, a price-to-earnings ratio of -5.06 and a beta of 2.23. The company’s fifty day moving average is $2.37 and its 200-day moving average is $2.46. Amprius Technologies has a 12 month low of $0.61 and a 12 month high of $4.21.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Oppenheimer boosted their price target on Amprius Technologies from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, March 21st. Northland Securities boosted their target price on Amprius Technologies from $4.00 to $10.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Cantor Fitzgerald initiated coverage on Amprius Technologies in a report on Tuesday, January 21st. They set an “overweight” rating and a $10.00 price target on the stock. Roth Mkm restated a “buy” rating and issued a $6.00 price objective on shares of Amprius Technologies in a research note on Friday, March 21st. Finally, B. Riley raised their target price on shares of Amprius Technologies from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Friday, March 21st. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $9.43.

Insider Buying and Selling

In other news, CTO Constantin Ionel Stefan sold 9,066 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $3.13, for a total transaction of $28,376.58. Following the sale, the chief technology officer now directly owns 421,489 shares in the company, valued at approximately $1,319,260.57. The trade was a 2.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sandra Wallach sold 18,142 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $3.13, for a total value of $56,784.46. Following the completion of the transaction, the chief financial officer now owns 678,000 shares of the company’s stock, valued at $2,122,140. The trade was a 2.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,088 shares of company stock valued at $235,025. 12.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amprius Technologies

An institutional investor recently raised its position in Amprius Technologies stock. Bank of America Corp DE increased its holdings in shares of Amprius Technologies, Inc. (NYSE:AMPX) by 31.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,890 shares of the company’s stock after acquiring an additional 3,055 shares during the period. Bank of America Corp DE’s holdings in Amprius Technologies were worth $36,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 5.04% of the company’s stock.

Amprius Technologies Company Profile

Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.