AMPX Stock Forecast & Price Target

Amprius Technologies Inc. demonstrates robust revenue growth, supported by increasing demand for its SiCore battery offerings, with shipments reaching 93 customers in a recent quarter, including 43 new clientele. The company anticipates positive margins starting in 2025, projecting them to escalate from 14.7% in 2026 to 25-27% by 2028 and beyond. Furthermore, Amprius has revised its long-term growth projections upwards, with anticipated revenues, EBITDA, and net profits for 2036 now estimated at $3.2 billion, $765 million, and $578 million, significantly exceeding previous forecasts.

Amprius Technologies Inc. reported a net loss of $6.4 million for the quarter, which, while an improvement from the previous year's loss of $12.5 million, still indicates persistent financial challenges. The company's loss from operations decreased to $6.8 million from $12.9 million in the prior quarter, but the overall losses raise concerns about its long-term sustainability and ability to achieve profitability. Despite the reduction in losses, the ongoing negative net income and operational losses suggest that Amprius Technologies faces significant hurdles in scaling its business effectively in the competitive battery manufacturing market.