Amprius Technologies (NYSE:AMPX) Announces FY 2026 Earnings Guidance

Amprius Technologies (NYSE:AMPX) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of –0.070 for the period, compared to the consensus estimate of -0.070. The company issued revenue guidance of $145.0 million, compared to the consensus revenue estimate of $140.6 million.

Amprius Technologies Trading Down 6.6%

AMPX opened at $8.56 on Thursday. Amprius Technologies has a 12 month low of $7.02 and a 12 month high of $24.23. The company has a market cap of $1.21 billion, a PE ratio of -30.57 and a beta of 2.36. The company has a 50 day moving average of $9.06 and a 200 day moving average of $13.21.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Tuesday, November 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $39.15 million for the quarter, compared to the consensus estimate of $35.80 million. Amprius Technologies had a negative net margin of 29.94% and a negative return on equity of 12.01%. During the same period in the previous year, the firm earned ($0.03) EPS. Research analysts forecast that Amprius Technologies will post -0.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMPX. Needham & Company LLC reduced their price target on Amprius Technologies from $20.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday. National Bank Financial set a $18.00 price objective on Amprius Technologies in a report on Tuesday, September 29th. UBS Group restated an “outperform” rating on shares of Amprius Technologies in a research note on Friday, November 6th. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a report on Friday, November 6th. Finally, Zacks Research raised Amprius Technologies from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Amprius Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $21.00.

Insiders Place Their Bets

In other news, CTO Constantin Stefan sold 29,681 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $10.34, for a total transaction of $306,901.54. Following the completion of the transaction, the chief technology officer directly owned 771,629 shares in the company, valued at $7,978,643.86. The trade was a 3.70% decrease in their position. The transaction was disclosed in a document filed 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, CEO Thomas M. Stepien sold 8,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $10.03, for a total transaction of $80,240.00. Following the completion of the transaction, the chief executive officer directly owned 594,096 shares in the company, valued at approximately $5,958,782.88. The trade was a 1.33% 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 123,311 shares of company stock worth $1,272,556 in the last three months. 5.10% of the stock is currently owned by corporate insiders.

Key Stories Impacting Amprius Technologies

These are some of the AMPX stories that stood out recently:

• Positive Sentiment: Third-quarter revenue reached a record $39.1 million, up 83% year over year and ahead of analyst estimates. Gross profit also increased substantially. Amprius Q3 results
• Positive Sentiment: The company set a 2026 revenue target of $145 million, above the roughly $140.6 million consensus, and plans U.S. pouch-cell capacity of 12 million cells annually by early 2028. Revenue target and capacity plans
• Negative Sentiment: Amprius reported a Q3 loss of $0.02 per share, missing the $0.01 loss analysts expected. Freight costs also weighed on margins, while the company used $7.8 million in operating cash. The earnings miss and cost concerns prompted a negative market reaction after results. Q3 earnings call transcript

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.