Amprius Technologies (NYSE:AMPX) Now Covered by Analysts at JonesTrading

Research analysts at JonesTrading started coverage on shares of Amprius Technologies (NYSE:AMPX) in a report released on Friday,Benzinga reports. The brokerage set a “buy” rating and a $30.00 price target on the stock. JonesTrading’s target price would indicate a potential upside of 160.01% from the company’s current price.

Several other analysts have also recently issued reports on the company. Clear Str began coverage on Amprius Technologies in a report on Tuesday, June 2nd. They issued a “strong-buy” rating and a $33.00 target price for the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amprius Technologies in a report on Monday, April 20th. Roth Capital reissued a “buy” rating on shares of Amprius Technologies in a research report on Friday, May 8th. Zacks Research lowered shares of Amprius Technologies from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Wall Street Zen cut shares of Amprius Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $22.50.

Amprius Technologies Stock Down 2.9%

Shares of Amprius Technologies stock traded down $0.34 on Friday, hitting $11.54. 1,469,508 shares of the company were exchanged, compared to its average volume of 8,713,336. The company has a 50-day moving average price of $16.66 and a 200 day moving average price of $14.75. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -38.26 and a beta of 2.25. Amprius Technologies has a 1-year low of $5.88 and a 1-year high of $24.23.

Amprius Technologies (NYSE:AMPX) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The company had revenue of $28.54 million during the quarter, compared to analyst estimates of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. Research analysts forecast that Amprius Technologies will post -0.07 EPS for the current year.

Insider Activity at Amprius Technologies

In related news, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction dated 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 sale, the director directly owned 359,380 shares in the company, valued at approximately $6,170,554.60. The trade was a 19.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Constantin Ionel Stefan sold 3,208 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $17.19, for a total transaction of $55,145.52. Following the completion of the transaction, the chief technology officer directly owned 801,310 shares in the company, valued at $13,774,518.90. The trade was a 0.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 310,144 shares of company stock valued at $5,049,997 in the last quarter. Corporate insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Amprius Technologies

Several large investors have recently made changes to their positions in the stock. KBC Group NV acquired a new stake in shares of Amprius Technologies in the first quarter valued at $57,000. Quarry LP acquired a new position in Amprius Technologies during the 3rd quarter worth $42,000. Parallel Advisors LLC purchased a new stake in Amprius Technologies during the 3rd quarter worth about $54,000. Leonteq Securities AG acquired a new stake in Amprius Technologies in the 4th quarter valued at about $47,000. Finally, State of Wyoming raised its position in Amprius Technologies by 155.2% in the 1st quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after purchasing an additional 3,674 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

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.