Brokers Set Expectations for Amprius Technologies, Inc.’s FY2028 Earnings (NYSE:AMPX)
Amprius Technologies, Inc. (NYSE:AMPX – Free Report) – Stock analysts at HC Wainwright issued their FY2028 EPS estimates for shares of Amprius Technologies in a research report issued to clients and investors on Thursday, April 4th. HC Wainwright analyst A. Dayal expects that the company will post earnings of $0.16 per share for the year. HC Wainwright has a “Buy” rating and a $10.00 price objective on the stock. The consensus estimate for Amprius Technologies’ current full-year earnings is ($0.42) per share.
A number of other research analysts have also issued reports on AMPX. Roth Capital restated a “buy” rating on shares of Amprius Technologies in a research note on Thursday, January 11th. Oppenheimer restated an “outperform” rating and set a $15.00 price target on shares of Amprius Technologies in a research note on Friday, March 22nd. William Blair started coverage on shares of Amprius Technologies in a research note on Monday, December 18th. They set a “market perform” rating on the stock. Finally, Roth Mkm started coverage on shares of Amprius Technologies in a research note on Thursday, January 11th. They issued a “buy” rating and a $10.00 price objective on the stock. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $11.60.
Get Our Latest Analysis on AMPX
Amprius Technologies Stock Down 4.7 %
NYSE:AMPX opened at $2.05 on Friday. Amprius Technologies has a 52 week low of $1.98 and a 52 week high of $10.63. The firm has a 50 day moving average of $3.31 and a 200 day moving average of $3.76. The stock has a market capitalization of $181.22 million, a price-to-earnings ratio of -4.74 and a beta of 2.84.
Amprius Technologies (NYSE:AMPX – Get Free Report) last announced its quarterly earnings results on Thursday, March 21st. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.01. Amprius Technologies had a negative net margin of 406.23% and a negative return on equity of 55.31%. The firm had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $2.60 million. During the same quarter in the prior year, the company earned ($0.07) EPS.
Hedge Funds Weigh In On Amprius Technologies
Large investors have recently made changes to their positions in the stock. Invesco Ltd. acquired a new stake in shares of Amprius Technologies in the third quarter worth approximately $8,006,000. Kestra Advisory Services LLC acquired a new position in Amprius Technologies in the third quarter worth $484,000. B. Riley Wealth Advisors Inc. acquired a new position in Amprius Technologies in the third quarter worth $58,000. Pathstone Family Office LLC acquired a new position in Amprius Technologies in the third quarter worth $60,000. Finally, Barclays PLC boosted its holdings in Amprius Technologies by 2,623.0% in the third quarter. Barclays PLC now owns 29,163 shares of the company’s stock worth $140,000 after purchasing an additional 28,092 shares during the period. Hedge funds and other institutional investors own 5.04% of the company’s stock.
Insider Buying and Selling
In related news, insider Jonathan Bornstein sold 109,800 shares of the stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $2.92, for a total transaction of $320,616.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 14.90% of the stock is owned by company insiders.
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.
Further Reading
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