AMPX Stock Analysis: Amprius Technologies | NYSE

Electrical Equipment & Parts | NYSE, USA | Market Cap: 1.445m USD | 12M Return: 35.1% | US03214Q1085 | Charts, Fundamentals & Technical Analysis

Lithium-Ion Batteries, Silicon Anode Batteries, Aviation Batteries, Drone Batteries
Total Rating 30
Safety 69
Buy Signal -0.65
Electrical Equipment & Parts
Industry Rotation: +14.4
Market Cap: 1.44B
Avg Turnover: 49.4M
Risk 3d forecast
Volatility105%
VaR 5th Pctl17.3%
VaR vs Median-0.62%
Reward TTM
Sharpe Ratio0.77
Rel. Str. IBD4.4
Rel. Str. Peer Group15.1
Character TTM
Beta3.163
Beta Downside2.484
Hurst Exponent0.595
Drawdowns 3y
Max DD87.34%
CAGR/Max DD0.43
CAGR/Mean DD0.92
EPS (Earnings per Share) EPS (Earnings per Share) of AMPX over the last years for every Quarter: "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": -0.03, "2022-09": -0.05, "2022-12": -0.07, "2023-03": -0.11, "2023-06": -0.11, "2023-09": -0.1, "2023-12": -0.1, "2024-03": -0.11, "2024-06": -0.13, "2024-09": -0.1, "2024-12": -0.1, "2025-03": -0.08, "2025-06": -0.05, "2025-09": -0.03, "2025-12": -0.01, "2026-03": -0.04, "2026-06": -0.03,
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of AMPX over the last years for every Quarter: 2021-09: 0.33, 2021-12: 1.216, 2022-03: 2.11, 2022-06: 0.691, 2022-09: 0.816, 2022-12: 0.792, 2023-03: 0.679, 2023-06: 1.632, 2023-09: 2.798, 2023-12: 3.944, 2024-03: 2.336, 2024-06: 3.345, 2024-09: 7.855, 2024-12: 10.631, 2025-03: 11.284, 2025-06: 15.067, 2025-09: 21.426, 2025-12: 25.234, 2026-03: 28.536, 2026-06: 34.032,
Rev. CAGR: 194.03%
Rev. Trend: 99.7%
Last SUE: 3.64
Qual. Beats: 6

Warnings

Strong Share Dilution
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 3.9 years of data

Jan +28.0% 18
Feb -17.6% 46
Mar +6.2% 12
Apr -13.2% 42
May -7.7% 12
Jun +13.5% 13
Jul +17.4% 14
Aug -5.7% 0
Sep +20.6% 45
Oct +4.9% 11
Nov +48.1% 17
Dec +32.9% 18

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: AMPX Amprius Technologies

Amprius Technologies, Inc. (NYSE: AMPX) is a U.S.-based manufacturer of lithium-ion batteries that specialize in silicon anode technology, sold under its SiCore and SiMaxx product platforms. The company targets mobility applications, with a primary focus on aviation segments such as unmanned aerial systems (drones) and high-altitude pseudo satellites (HAPS), an emerging market for electric flight and aerospace propulsion. Founded in 2008 and headquartered in Fremont, California, Amprius went public in September 2022 and is classified within the GICS Industrials sector under Electrical Components & Equipment, reflecting its position as a mid-cap supplier of advanced energy storage components rather than a finished-vehicle or consumer electronics producer.

Headlines to Watch Out For
  • Silicon anode battery orders accelerate from aviation and defense customers
  • Manufacturing scale-up pressures margins ahead of unit cost reductions
  • Capital raises and dilution fund capacity expansion into eVTOL and HAPS markets
Piotroski VR-10 (Strict) 2.0
Net Income: -38.4m TTM > 0 and > 6% of Revenue
FCF/TA: -0.39 > 0.02 and ΔFCF/TA -12.08 > 1.0
NWC/Revenue: 103.7% < 20% (prev 133.3%; Δ -29.65% < -1%)
CFO/TA -0.35 > 3% & CFO -52.9m > Net Income -38.4m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 7.17 > 1.5 & < 3
Outstanding Shares: last quarter (143.5m) vs 12m ago 17.81% < -2%
Gross Margin: 22.25% > 18% (prev -18.68%; Δ 40.93% > 0.5%)
Asset Turnover: 80.25% > 50% (prev 36.44%; Δ 43.81% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 3.72
A: 0.76 (Total Current Assets 131.6m - Total Current Liabilities 18.4m) / Total Assets 149.2m
B: -1.52 (Retained Earnings -226.6m / Total Assets 149.2m)
C: -0.28 (EBIT TTM -38.8m / Avg Total Assets 136.1m)
D: 5.34 (Book Value of Equity 125.6m / Total Liabilities 23.5m)
Altman-Z'' = 3.72 = AA
Beneish M -2.10
DSRI: 1.55 (Receivables 40.6m/10.8m, Revenue 109.2m/44.8m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.04 (AQ_t 0.00 / AQ_t-1 0.01)
SGI: 2.44 (Revenue 109.2m / 44.8m)
TATA: 0.10 (NI -38.4m - CFO -52.9m) / TA 149.2m)
Beneish M = -2.10 (Cap -4..+1) = BB
What is the price of AMPX shares?

As of September 09, 2026, the stock is trading at USD 10.39 with a total of 5,651,298 shares traded. Over the past week, the price has changed by +5.16%, over one month by -12.02%, over three months by -44.82% and over the past year by +35.11%.

Current recommended Stop Loss: 8.70 (which is 16.3% or 2.6 ATR below the current price).

Is AMPX a buy, sell or hold?

Amprius Technologies has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy AMPX.

  • StrongBuy: 4
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AMPX price?
Analysts Target Price 23 121.4%
Amprius Technologies (AMPX) - Fundamental Data Overview as of 09 September 2026
Market Cap USD = 1.44b (1.44b USD * 1.0 USD.USD)
P/E Forward = 161.2903
P/S = 13.2268
P/B = 11.1971
Revenue TTM = 109.2m USD
EBIT TTM = -38.8m USD
EBITDA TTM = -34.1m USD
Long Term Debt = 5.20m USD (estimated: total debt 6.38m - short term 1.18m)
Short Term Debt = 1.18m USD (from shortTermDebt, last quarter)
Debt = 6.38m USD (from shortLongTermDebtTotal, last quarter) (leases 6.38m already included)
Net Debt = -68.1m USD (calculated: Debt 6.38m - CCE 74.5m)
Enterprise Value = 1.38b USD (1.44b + Debt 6.38m - CCE 74.5m)
 Interest Coverage Ratio = unknown (Ebit TTM -38.8m / Interest Expense TTM 0.0)
 EV/FCF = -23.56x (Enterprise Value 1.38b / FCF TTM -58.4m)
FCF Yield = -4.25% (FCF TTM -58.4m / Enterprise Value 1.38b)
FCF Margin = -53.50% (FCF TTM -58.4m / Revenue TTM 109.2m)
Net Margin = -35.16% (Net Income TTM -38.4m / Revenue TTM 109.2m)
Gross Margin = 22.25% ((Revenue TTM 109.2m - Cost of Revenue TTM 84.9m) / Revenue TTM)
Gross Margin QoQ = 27.27% (prev 20.11%)
Tobins Q-Ratio = 9.23 (Enterprise Value 1.38b / Total Assets 149.2m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 6.38m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -30.6m (EBIT -38.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 7.17 (Total Current Assets 131.6m / Total Current Liabilities 18.4m)
Debt / Equity = 0.05 (Debt 6.38m / totalStockholderEquity, last quarter 125.6m)
 Debt / EBITDA = 2.00 (negative EBITDA) (Net Debt -68.1m / EBITDA -34.1m)
 Debt / FCF = 1.17 (negative FCF - burning cash) (Net Debt -68.1m / FCF TTM -58.4m)
 Total Stockholder Equity = 110.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -28.21% (Net Income -38.4m / Total Assets 149.2m)
RoE = -34.75% (Net Income TTM -38.4m / Total Stockholder Equity 110.5m)
RoCE = -33.51% (EBIT -38.8m / Capital Employed (Equity 110.5m + L.T.Debt 5.20m))
 RoIC = -24.20% (negative operating profit) (NOPAT -30.6m / Invested Capital 126.6m)
 WACC = 17.03% (E(1.44b)/V(1.45b) * Re(17.11%) + D(6.38m)/V(1.45b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 17.11% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 98.14 | Cagr: 23.01%
 [DCF] Fair Price = unknown (Cash Flow -58.4m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 99.72 | Revenue CAGR: 194.0% | SUE: 3.64 | # QB: 6
EPS current Quarter (2026-09-30): EPS=-0.01 | Chg30d=N/A | Revisions=+0% | Analysts=7
EPS current Year (2026-12-31): EPS=-0.07 | Chg30d=-1.52% | Revisions=-29% | GrowthEPS=+60.8% | GrowthRev=+92.6%
EPS next Year (2027-12-31): EPS=0.10 | Chg30d=+66.67% | Revisions=+29% | GrowthEPS=+250.0% | GrowthRev=+50.8%
[Analyst] Revisions Ratio: +0% (up=5, down=5)