Amprius Technologies (AMPX) Projected to Post Quarterly Earnings on Thursday

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

Amprius Technologies (NYSE:AMPX) last announced its quarterly earnings data on Thursday, March 20th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $10.63 million for the quarter, compared to the consensus estimate 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 Price Performance

Shares of Amprius Technologies stock opened at $2.32 on Wednesday. The firm has a fifty day moving average price of $2.37 and a two-hundred day moving average price of $2.46. Amprius Technologies has a fifty-two week low of $0.61 and a fifty-two week high of $4.21. The company has a market cap of $273.00 million, a PE ratio of -5.14 and a beta of 2.23.

Analyst Upgrades and Downgrades

AMPX has been the subject of several recent research reports. B. Riley upped their price target on Amprius Technologies from $5.00 to $6.00 and gave the company a “buy” rating in a report on Friday, March 21st. Northland Securities raised their target price on Amprius Technologies from $4.00 to $10.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. Cantor Fitzgerald began coverage on shares of Amprius Technologies in a research note on Tuesday, January 21st. They issued an “overweight” rating and a $10.00 price objective for the company. Oppenheimer lifted their target price on shares of Amprius Technologies from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, March 21st. Finally, HC Wainwright reissued a “buy” rating and issued a $10.00 price target on shares of Amprius Technologies in a research report on Friday, March 21st. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amprius Technologies has a consensus rating of “Buy” and a consensus target price of $9.43.

Insider Transactions at Amprius Technologies

In other news, CTO Constantin Ionel Stefan sold 9,066 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $3.13, for a total transaction of $28,376.58. Following the transaction, the chief technology officer now directly owns 421,489 shares in the company, valued at approximately $1,319,260.57. This represents a 2.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kang Sun sold 34,353 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $3.13, for a total transaction of $107,524.89. Following the completion of the sale, the chief executive officer now directly owns 1,282,621 shares of the company’s stock, valued at approximately $4,014,603.73. This represents a 2.61 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 75,088 shares of company stock valued at $235,025. Corporate insiders own 12.80% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Amprius Technologies stock. Bank of America Corp DE boosted its position in Amprius Technologies, Inc. (NYSE:AMPX) by 31.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 quarter. 5.04% of the stock is owned by hedge funds and other institutional investors.

About Amprius Technologies

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.