AMPX Stock Forecast & Price Target

Amprius Technologies has demonstrated strong revenue growth, driven by increasing demand for its SiCore offering, with the company successfully shipping batteries to 93 customers, including 43 new clients within the quarter. Projections indicate a positive trajectory for profit margins, expected to reach 14.7% in 2026 and to further escalate to 25-27% by 2028 and beyond. Additionally, revised long-term growth forecasts for 2036 have significantly increased, predicting revenues of $3.2 billion, EBITDA of $765 million, and net profit of $578 million, reflecting a bullish outlook on the company’s financial performance.

Amprius Technologies reported a net loss of $6.4 million for the quarter, which reflects an improvement from a net loss of approximately $12.5 million in the same quarter of the previous year. Similarly, the company's loss from operations decreased significantly to $6.8 million compared to $12.9 million in the prior quarter, indicating some operational improvement. However, despite these reductions in losses, the ongoing financial performance raises concerns about the company's profitability and overall market viability in the competitive energy storage sector.