Amprius Technologies (NYSE:AMPX) Stock Falls 4.5% on Disappointing Earnings

Amprius Technologies, Inc. (NYSE:AMPX)’s stock price traded down 4.5% during trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $8.49 and last traded at $8.7550. Approximately 5,100,618 shares were traded during trading, a decline of 32% from the average daily volume of 7,463,887 shares. The stock had previously closed at $9.17.

The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company 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 35.16% and a negative return on equity of 12.63%. During the same period last year, the company earned ($0.03) earnings per share.

Key Amprius Technologies News

Investors following AMPX have been watching these news items:

• Positive Sentiment: Q3 revenue rose 83% year over year to $39.1 million, topping the roughly $35.8 million analyst estimate. The company also reported gross profit of $10.5 million. Amprius Technologies Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Amprius guided to 2026 revenue of $145 million, above the approximately $140.6 million consensus, and the earnings preview cited expected Q3 revenue growth of 67.2% amid battery demand and expanding electric mobility. 2026 Revenue Outlook
• Negative Sentiment: Q3 loss per share was $0.02, wider than the $0.01 loss analysts expected. The company remained loss-making, with a $3.5 million net loss attributable to common shareholders and negative operating cash flow, contributing to the negative market reaction. Amprius shares fall after Q3 earnings miss

Analyst Ratings Changes

A number of research analysts have commented on the company. UBS Group reiterated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, November 6th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a research report on Friday, November 6th. 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. Finally, Canaccord Genuity Group began coverage on Amprius Technologies in a report on Wednesday, October 14th. They issued a “buy” rating and a $14.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Amprius Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $21.42.

Insider Activity

In related news, CEO Thomas Stepien sold 23,529 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $10.34, for a total value of $243,289.86. Following the completion of the sale, the chief executive officer owned 602,096 shares in the company, valued at approximately $6,225,672.64. This represents a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Constantin Stefan sold 29,681 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $10.34, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 123,311 shares of company stock valued at $1,272,556 in the last 90 days. 5.10% of the stock is owned by company insiders.

Institutional Trading of Amprius Technologies

A number of hedge funds have recently modified their holdings of the company. Wellington Management Group LLP acquired a new position in Amprius Technologies during the second quarter valued at approximately $4,751,000. Calamos Advisors LLC grew its holdings in shares of Amprius Technologies by 206.2% in the 1st quarter. Calamos Advisors LLC now owns 364,506 shares of the company’s stock valued at $6,146,000 after buying an additional 245,473 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Amprius Technologies in the 1st quarter valued at $3,829,000. Sei Investments Co. increased its position in shares of Amprius Technologies by 34.1% in the 1st quarter. Sei Investments Co. now owns 579,161 shares of the company’s stock valued at $9,765,000 after buying an additional 147,375 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Amprius Technologies by 700.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 431,398 shares of the company’s stock valued at $6,695,000 after buying an additional 377,485 shares in the last quarter. 5.04% of the stock is currently owned by institutional investors and hedge funds.

Amprius Technologies Trading Down 4.2%

The firm has a market cap of $1.24 billion, a price-to-earnings ratio of -30.16 and a beta of 2.36. The company has a 50 day moving average of $9.08 and a 200 day moving average of $13.23.

Amprius Technologies Company Profile

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.