Amprius Technologies Inc (NYSE: AMPX): A Business Review And Growth Forecast

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In the last trading session, 6.89 million shares of the Amprius Technologies Inc (NYSE:AMPX) were traded, and its beta was 2.35. Most recently the company’s share price was $2.81, and it changed around $0.1 or 3.69% from the last close, which brings the market valuation of the company to $338.73M. AMPX currently trades at a discount to its 52-week high of $4.20, offering almost -49.47% off that amount. The share price’s 52-week low was $0.61, which indicates that the current value has risen by an impressive 78.29% since then. We note from Amprius Technologies Inc’s average daily trading volume that its 10-day average is 3.34 million shares, with the 3-month average coming to 3.19 million.

Amprius Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended AMPX as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Amprius Technologies Inc is expected to report earnings per share of -0.08 for the current quarter.

Amprius Technologies Inc (NYSE:AMPX) trade information

Instantly AMPX has showed a green trend with a performance of 3.69% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.05 on recent trading dayincreased the stock’s daily price by 7.87%. The company’s shares are currently up 0.36% year-to-date, but still up 7.25% over the last five days. On the other hand, Amprius Technologies Inc (NYSE:AMPX) is 9.77% up in the 30-day period. We can see from the shorts that 5.56 million shares have been sold at a short interest cover period of 2.16 day(s).

Amprius Technologies Inc (AMPX) estimates and forecasts

The year-over-year growth rate is expected to be 145.43%, up from the previous year.

Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 12.38M in revenue for the current quarter. 6 analysts expect Amprius Technologies Inc to make 15.11M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.35M and 7.86M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 270.16%. Forecasts for the next quarter put sales growth at 92.37%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -56.97%. Amprius Technologies Inc earnings are expected to increase by 29.84% in 2025, but the outlook is positive 39.43% per year for the next five years.

AMPX Dividends

Amprius Technologies Inc’s next quarterly earnings report is expected to be released on 2025-May-07.

Amprius Technologies Inc (NYSE:AMPX)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 9.04% of Amprius Technologies Inc shares, and 29.74% of them are in the hands of institutional investors. The stock currently has a share float of 32.70%. Amprius Technologies Inc stock is held by 139.0 institutions, with INVESCO LTD. being the largest institutional investor. By 2024-06-30, it held 1.2269% of the shares, which is about 1.19 million shares worth $1.51 million.

ZAZOVE ASSOCIATES LLC, with 1.138% or 1.1 million shares worth $1.4 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.07 shares worth $8.63 million, making up 2.55% of all outstanding shares. On the other hand, Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF held roughly 1.22 shares worth around $3.44 million, which represents about 1.02% of the total shares outstanding.

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