Amprius Technologies (NYSE:AMPX) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Amprius Technologies (NYSE:AMPX) issued its earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01), FiscalAI reports. The firm had revenue of $39.15 million during the quarter, compared to analysts’ expectations of $35.80 million. Amprius Technologies had a negative return on equity of 12.63% and a negative net margin of 35.16%. During the same period last year, the business posted ($0.03) earnings per share.

Amprius Technologies Stock Down 1.8%

NYSE:AMPX traded down $0.16 during trading hours on Wednesday, reaching $9.01. 1,875,564 shares of the stock were exchanged, compared to its average volume of 7,448,536. The stock has a market capitalization of $1.28 billion, a P/E ratio of -30.46 and a beta of 2.36. The firm has a 50 day simple moving average of $9.08 and a 200-day simple moving average of $13.23. Amprius Technologies has a 52 week low of $7.02 and a 52 week high of $24.23.

More Amprius Technologies News

Here’s some of the latest news about AMPX:

• 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
• Positive Sentiment: Amprius expects 2026 revenue of $145 million, above the cited FactSet estimate of $140.6 million, signaling confidence in continued growth. 2026 revenue outlook
• 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

Insiders Place Their Bets

In other Amprius Technologies news, CEO Thomas Stepien sold 8,000 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $10.03, for a total value of $80,240.00. Following the sale, the chief executive officer directly owned 594,096 shares of the company’s stock, valued at $5,958,782.88. This trade represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kang Sun sold 62,101 shares of the firm’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 $642,124.34. Following the transaction, the director directly owned 1,218,397 shares in the company, valued at $12,598,224.98. This trade represents a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 123,311 shares of company stock valued at $1,272,556. Company insiders own 5.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on AMPX shares. National Bank Financial set a $18.00 price target on Amprius Technologies in a research note on Tuesday, September 29th. Zacks Research raised Amprius Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Thursday, October 15th. Canaccord Genuity Group initiated coverage on shares of Amprius Technologies in a research report on Wednesday, October 14th. They set a “buy” rating and a $14.00 target price for the company. Finally, HC Wainwright reissued a “buy” rating and set a $18.00 target price on shares of Amprius Technologies in a research report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.42.

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.