(AMPX) Amprius Technologies - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US03214Q1085

Stock: Silicon Anode Batteries, SiCore, SiMaxx, Aviation Batteries

Total Rating 48
Risk 38
Buy Signal 0.61

EPS (Earnings per Share)

EPS (Earnings per Share) of AMPX over the last years for every Quarter: "2020-12": null, "2021-03": null, "2021-06": null, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": -0.03, "2022-09": -0.06, "2022-12": -0.07, "2023-03": -0.11, "2023-06": -0.11, "2023-09": -0.1, "2023-12": -0.11, "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,

Revenue

Revenue of AMPX over the last years for every Quarter: 2020-12: null, 2021-03: 0.143, 2021-06: 1.083, 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: null,
Risk 5d forecast
Volatility 150%
Relative Tail Risk -10.9%
Reward TTM
Sharpe Ratio 1.66
Alpha 254.86
Character TTM
Beta 2.565
Beta Downside 2.323
Drawdowns 3y
Max DD 93.11%
CAGR/Max DD 0.28

Description: AMPX Amprius Technologies January 26, 2026

Amprius Technologies Inc. (NASDAQ: AMPX) designs and manufactures high-energy-density lithium-ion cells that use silicon-anode technology, marketed under the SiCore and SiMaxx platforms. The firm targets mobility-focused aviation markets, notably unmanned aerial systems (UAS) such as commercial drones and high-altitude pseudo-satellites, leveraging silicon’s ~10× theoretical capacity advantage over graphite anodes.

As of the most recent quarterly filing (Q4 2025), Amprius reported revenue of $12.3 million, a 28 % year-over-year increase driven by a new contract with a major aerospace OEM for 5 kWh drone packs. Cash and cash equivalents stood at $45 million, providing runway through the end of 2026 under the current burn-rate assumptions. R&D spend rose to 22 % of revenue, reflecting intensified effort to scale SiMaxx production to the 200 Wh/kg target that the industry cites as a key performance threshold for long-duration UAV missions.

The broader silicon-anode market is projected by BloombergNEF to grow at a compound annual growth rate of roughly 15 % from 2023 to 2028, propelled by tighter energy-density mandates in aerospace and the electric-vehicle sector. However, supply-chain constraints on high-purity silicon feedstock and the need for cost-effective scaling remain material uncertainties that could affect Amprius’s ability to meet its commercialization timeline.

For a data-rich, quantitative follow-up, consider reviewing Amprius’s metrics on ValueRay to benchmark its financial health and sector positioning against peers.

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income: -31.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.21 > 0.02 and ΔFCF/TA 22.31 > 1.0
NWC/Revenue: 155.2% < 20% (prev 182.7%; Δ -27.52% < -1%)
CFO/TA -0.22 > 3% & CFO -33.7m > Net Income -31.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 6.65 > 1.5 & < 3
Outstanding Shares: last quarter (126.6m) vs 12m ago 14.69% < -2%
Gross Margin: 0.08% > 18% (prev -1.14%; Δ 121.7% > 0.5%)
Asset Turnover: 44.81% > 50% (prev 16.77%; Δ 28.04% > 0%)
Interest Coverage Ratio: -71.09 > 6 (EBITDA TTM -27.5m / Interest Expense TTM -443.0k)

Altman Z'' -5.69

A: 0.58 (Total Current Assets 106.7m - Total Current Liabilities 16.1m) / Total Assets 156.5m
B: -1.24 (Retained Earnings -194.0m / Total Assets 156.5m)
C: -0.24 (EBIT TTM -31.5m / Avg Total Assets 130.3m)
D: -3.64 (Book Value of Equity -194.0m / Total Liabilities 53.3m)
Altman-Z'' Score: -5.69 = D

Beneish M -1.23

DSRI: 1.43 (Receivables 21.9m/4.59m, Revenue 58.4m/17.5m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.57 (AQ_t 0.01 / AQ_t-1 0.01)
SGI: 3.34 (Revenue 58.4m / 17.5m)
TATA: 0.02 (NI -31.1m - CFO -33.7m) / TA 156.5m)
Beneish M-Score: -1.23 (Cap -4..+1) = D

What is the price of AMPX shares?

As of February 08, 2026, the stock is trading at USD 12.24 with a total of 8,543,472 shares traded.
Over the past week, the price has changed by -1.61%, over one month by +33.19%, over three months by +8.70% and over the past year by +258.94%.

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?

Issuer Target Up/Down from current
Wallstreet Target Price 17.6 43.5%
Analysts Target Price 17.6 43.5%
ValueRay Target Price 13.1 7.1%

AMPX Fundamental Data Overview February 03, 2026

P/S = 27.791
P/B = 17.1716
Revenue TTM = 58.4m USD
EBIT TTM = -31.5m USD
EBITDA TTM = -27.5m USD
Long Term Debt = 37.7m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 3.21m USD (from shortTermDebt, last quarter)
Debt = 37.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -35.5m USD (from netDebt column, last quarter)
Enterprise Value = 1.59b USD (1.62b + Debt 37.7m - CCE 73.2m)
Interest Coverage Ratio = -71.09 (Ebit TTM -31.5m / Interest Expense TTM -443.0k)
EV/FCF = -49.40x (Enterprise Value 1.59b / FCF TTM -32.1m)
FCF Yield = -2.02% (FCF TTM -32.1m / Enterprise Value 1.59b)
FCF Margin = -55.02% (FCF TTM -32.1m / Revenue TTM 58.4m)
Net Margin = -53.16% (Net Income TTM -31.1m / Revenue TTM 58.4m)
Gross Margin = 0.08% ((Revenue TTM 58.4m - Cost of Revenue TTM 58.4m) / Revenue TTM)
Gross Margin QoQ = 15.49% (prev 8.89%)
Tobins Q-Ratio = 10.15 (Enterprise Value 1.59b / Total Assets 156.5m)
Interest Expense / Debt = 1.72% (Interest Expense 649.0k / Debt 37.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -24.9m (EBIT -31.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 6.65 (Total Current Assets 106.7m / Total Current Liabilities 16.1m)
Debt / Equity = 0.37 (Debt 37.7m / totalStockholderEquity, last quarter 103.2m)
Debt / EBITDA = 1.29 (negative EBITDA) (Net Debt -35.5m / EBITDA -27.5m)
Debt / FCF = 1.11 (negative FCF - burning cash) (Net Debt -35.5m / FCF TTM -32.1m)
Total Stockholder Equity = 79.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -23.82% (Net Income -31.1m / Total Assets 156.5m)
RoE = -38.85% (Net Income TTM -31.1m / Total Stockholder Equity 79.9m)
RoCE = -26.77% (EBIT -31.5m / Capital Employed (Equity 79.9m + L.T.Debt 37.7m))
RoIC = -31.13% (negative operating profit) (NOPAT -24.9m / Invested Capital 79.9m)
WACC = 15.05% (E(1.62b)/V(1.66b) * Re(15.37%) + D(37.7m)/V(1.66b) * Rd(1.72%) * (1-Tc(0.21)))
Discount Rate = 15.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 19.60%
Fair Price DCF = unknown (Cash Flow -32.1m)
EPS Correlation: 26.17 | EPS CAGR: 7.13% | SUE: 2.95 | # QB: 3
Revenue Correlation: 89.56 | Revenue CAGR: 114.9% | SUE: 2.79 | # QB: 3
EPS next Quarter (2026-03-31): EPS=-0.04 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.13 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+38.8% | Growth Revenue=+74.4%

Additional Sources for AMPX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle