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AMPX

Amprius Technologies, Inc.
$7.91
-4.81% Oct 22 close
Industrials CompareTechnicals
-41%-6%+29%+64%+98%Oct 2025Oct 2026Apr 202652w high $24.2352w low $7.26
AMPXSPY
1W
-5.8%
1M
-20.7%
3M
-20.2%
6M
-63.6%
YTD
+0.3%
1Y
-30.6%

Health check

Financial health
DistressGrey zoneSafe
Safe zone
Altman Z-score 29.5
Above 2.99 is the safe zone, below 1.81 the distress zone.
Quality
WeakAverageStrong
Average
Piotroski F-score 6 of 9
See the tests
  • ✗Positive net income
  • ✗Positive operating cash flow
  • ✓Return on assets improved
  • ✓Cash flow above net income
  • ✓Long-term debt / assets fell
  • ✓Current ratio improved
  • ✗No share dilution
  • ✓Gross margin improved
  • ✓Asset turnover improved

Computed by Coteau from the company's SEC filings (latest balance sheet Jun 30, 2026). Descriptive, not a forecast.

Live chart

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What they do

Amprius Technologies, Inc. develops, manufactures, and markets lithium-ion batteries for mobility applications. The company provides silicon anode lithium-ion batteries under the SiCore and SiMaxx product platforms. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.

Industrials · Electrical Equipment & Parts

For information only · Important disclosures

Grades vs sector

No sector grades for AMPX yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Systematic Models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Amprius Technologies Announces Date for Third Quarter 2026 Results and Business Updates
Business Wire · Oct 21
Amprius Technologies' Next Big Rally Could Be Taking Shape
MarketBeat · Oct 20
Enovix's 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
MarketBeat · Oct 15
Amprius Technologies (AMPX) Files Shelf Registration, Is The Stock Still 61% Undervalued?
Simply Wall St. · Oct 13
Update: Amprius Technologies Selects Caminus to Produce Drone Batteries in US
MT Newswires · Oct 05

Key stats

Market value$1.2B
P/E (next 12 months, estimated)83.1
52-week range$7.26 – $24.23
Revenue growth (latest quarter vs a year ago)+125.9%
Dividend yieldNo dividend
Analyst consensusStrong Buy (10)
Average analyst price target$22.10 (+179%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score +1 (DCF counts double).
•Piotroski F-score6/9
▲Altman Z29.5 (safe)
▲Analyst target+179% (10 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 2.35 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $0.10 vs trailing $-0.29. Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$36.5M
as of 2026-06-30
vs a year ago
+25%
YoY
× TTM revenue
0.33×
coverage
24-09
24-12
25-03
25-06
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
22.3%
Operating margin
-37.7%
FCF margin
-53.5%
Net margin
-33.4%
Return on equity
-29.0%
Return on invested capital
-63.6%
Net debt / EBITDA
–
Current ratio
7.2×
Interest cover
–
Cash conversion (OCF/NI)
–
Piotroski F-score 6/9 · last two fiscal years
✗ Positive net income✗ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✓ Gross margin improved✓ Asset turnover improved

Altman Z-score 29.5 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$22
+179%
Analysts
10
Strong Buy
Range
$14–$30
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$73.0M$-44.0M$-35.5M
2024$24.2M$-44.7M$-36.6M
2023$9.1M$-36.8M$-43.1M
2022$4.4M$-17.3M$-15.4M
2021$2.8M$-9.9M$-8.6M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +154.9%.

Earnings

Next report: 2026-11-10 · during market · EPS est -0.01
24-1125-0325-0525-0825-1126-0326-0526-08-0.100.01
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-04-0.02-0.04-88.2%
2026-05-06-0.01-0.04-166.7%
2026-03-04-0.04-0.01+73.7%
2025-11-06-0.06-0.03+47.8%
2025-08-07-0.08-0.05+37.5%
2025-05-08-0.09-0.08+11.1%
2025-03-20-0.10-0.09+16.4%
2024-11-070.01-0.10-1100.0%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$34.0M+125.9%
2026-03-31$28.5M–
2025-12-31$24.1M–
2025-09-30$21.4M–
2025-06-30$15.1M–
Rating changes
Initiated
2026-10-14 · Canaccord Genuity started covering AMPX at Buy
Reiterated
2026-09-29 · HC Wainwright & Co. reiterated Buy on AMPX
Initiated
2026-07-10 · Jones Trading started covering AMPX at Buy
Initiated
2026-06-03 · Clear Street started covering AMPX at Buy
Reiterated
2026-03-10 · Needham reiterated Buy on AMPX
Reiterated
2026-03-09 · B. Riley Securities reiterated Buy on AMPX

Third-party analyst actions, not Coteau's views. All rating changes

Insider trades
Stepien Thomas M
Director, Chief Executive Officer · 2026-08-24
Sell
$80.2K
Stepien Thomas M
Director, Chief Executive Officer · 2026-08-21
Sell
$243.3K
Stefan Constantin Ionel
Chief Technology Officer · 2026-08-21
Sell
$306.9K
Sun Kang
Director · 2026-08-21
Sell
$642.2K

Stats refreshed 2026-10-21 18:29:01 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026