AMPX · NYSE · Electrical Equipment & Parts

Amprius Technologies (AMPX)

Makes silicon-anode batteries for drones, aviation, defense, and light electric mobility.

$9.80
vs last close+0.19 (+1.93%)
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Amprius Technologies, Inc.AMPX
Industrials

Sells silicon-anode lithium-ion cells and custom battery designs for drones, aviation, defense, and light electric mobility. SiCore supplies most commercial volume through global contract manufacturers, while SiMaxx centers on proprietary nanowire anodes and Fremont supports R&D and pilot work.

Develops and sells silicon-anode lithium-ion cells for aviation, defense, drones, light electric vehicles, and other mobility uses. SiCore spans pouch, cylindrical, and prismatic formats built for high energy, high power, or longer cycle life; SiMaxx uses a proprietary silicon-nanowire anode for especially weight-sensitive applications. Custom battery design and prototype work supplements product sales.

Demand is international, with Europe, the Middle East, and Africa supplying most recent revenue and North America and Asia-Pacific also contributing. The commercial model pairs rapid product tailoring and multiple cell formats with outsourced scale production. SiCore supply relies on Berzelius materials and global contract manufacturers, including partners in South Korea, while Fremont houses R&D and the expanding pilot line.

Company facts

CEOThomas M. Stepien
ListedSep 15, 2022
ExchangeNYSE
HeadquartersFremont, CA
CountryUnited States
Employees97
CIK0001899287
ISINUS03214Q1085

Market cap$1.36B
EPS (ttm)−$0.2907
P/E (ttm)−33.06
ROE-34.8%
P/B10.83
P/S12.46
Dividend yieldDiv yield
Beta3.56vs XLI 0.40

Price target$24.00+149.7%Average of 12 analysts
ConsensusBuy12 of 12 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
May 11, 2026Northland SecuritiesTarget
Target: $20
Target: $24
Mar 6, 2026Cantor FitzgeraldReiterate
Rating: Target: $16
Rating: OverweightTarget: $20
Feb 23, 2026Craig-HallumTarget
Target:
Target: $17
Jan 29, 2026NeedhamTarget
Target:
Target: $20
Dec 23, 2025OppenheimerTarget
Target:
Target: $17

Next report
Nov 5, 26
in 44 days
EPS estimate
−$0.01
Revenue estimate
$35.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.10−$0.08−$0.05−$0.03−$0.01−$0.04−$0.03Pending
Estimate−$0.11−$0.09−$0.08−$0.06−$0.04−$0.02−$0.02−$0.01
Surprise+9.1%+11.1%+37.5%+50.0%+73.7%−100.0%−25.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$10.6M$11.3M$15.1M$21.4M$25.2M$28.5M$34.0MPending
Estimate$8.1M$11.4M$12.4M$23.0M$22.9M$25.7M$29.3M$35.9M
Surprise+31.2%−1.0%+21.4%−6.7%+10.1%+10.9%+16.1%
Estimate−$0.01
ReportedDue Nov 5, 2026
Estimate$35.9M
ReportedDue Nov 5, 2026
View details

Debt to equity5.10%
Current ratio717.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$7.9M$10.6M$11.3M$15.1M$21.4M$25.2M$28.5M$34.0M
Net income−$10.9M−$11.4M−$9.4M−$6.4M−$3.9M−$24.4M−$5.0M−$5.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$11.3M−$9.9M−$9.7M−$6.8M−$4.7M−$2.9M−$6.7M−$4.3M
YoY growthLoss widenedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $74.5M · Total debt $6.4M · Total assets $149.2M · Shareholders' equity $125.6M

Revenue
$34.0M
Operating income
−$4.3M
Net income
−$5.1M
View details

No dividends on record.

Institutions≈ 67.25%95.24M shares
296 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders12.30%17.42M shares
10 holders · as of Aug 25, 2026
Other≈ 20.45%28.97M shares
remainder

141.63M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.00%11.34Mas of Jun 30, 2026
Kang Sun1,2Insiderdirector
5.43%7.77Mfiled Aug 25, 2026
Donald R. Dixon3Insiderdirector
4.82%6.91Mfiled Jun 16, 2026
Vanguard Capital Management LLCInstitution
3.93%5.56Mas of Jun 30, 2026
Morgan StanleyInstitution
3.60%5.11Mas of Jun 30, 2026
  1. Kang Sun's transaction reports restate only vehicles that traded; the 2024 ownership statement (7.77M) less the 76.0K net shares sold since is used instead.
  2. Kang Sun reports a block also reported by Healthcare of Ontario Pension Plan Trust Fund; it is counted once, under Healthcare of Ontario Pension Plan Trust Fund.
  3. Donald R. Dixon's transaction reports restate only vehicles that traded; the 2024 ownership statement (6.91M) less the 88.0K net shares sold since is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 24, 2026Thomas M. Stepiendirector, officer: Chief Executive Officer−8,000$10.03
Aug 21, 2026Thomas M. Stepiendirector, officer: Chief Executive Officer−23,529$10.34
Aug 21, 2026Constantin Ionel Stefanofficer: Chief Technology Officer−29,681$10.34
Aug 21, 2026Kang Sundirector−62,101$10.34
Jun 15, 2026Donald R. Dixondirector−85,000$17.17
View details

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Compare

CompanyPriceChange
Amprius Technologies$9.80+1.93%$1.36B12.5+125.9%
Enovix$3.00+0.50%$650.1M18.1+20.5%
S.E.S. AI$0.5599−1.77%$207.7M8.9+44.6%
QuantumScape$5.10−0.00%$3.14B
Microvast$0.6691+2.59%$217.3M6.70.6−4.5%
Solid Power$2.49+0.41%$558.0M54.5−115.7%
Median6.713.5+8.0%