Amprius Technologies Inc. (NYSE:AMPX) is one of the 10 Stocks Investors Are Watching Closely This Week.
Amprius Technologies rallied by 52.19 percent week-on-week and hit a new all-time high after a flurry of positive developments, including analyst upgrades and a highly optimistic outlook for the year.
In separate market reports, Cantor Fitzgerald and Craig-Hallum raised their price targets for Amprius Technologies Inc. (NYSE:AMPX) to $20 and $21, from $16 and $17, respectively.
Photo from Amprius website
Cantor issued an “overweight” rating while Craig-Hallum assigned a “buy” recommendation.
The coverage followed Amprius Technologies Inc.’s (NYSE:AMPX) highly optimistic outlook for this year, having targeted a 71 percent growth in revenues for the full-year period.
According to the company, it is setting its sights on revenues of $125 million this year, versus $73 million last year. If realized, it would end the year with a 417-percent revenue jump in just two years, versus only $24.17 million in 2024.
However, it expects to remain at a net loss of $8 million in 2026, albeit an 82-percent expected improvement from $44 million in net losses last year.
“2025 marked a year of meaningful commercial progress, as we expanded our customer base to over 550, increased revenue by over 3x, and advanced the adoption of our silicon anode batteries across multiple end markets,” Amprius Technologies Inc. (NYSE:AMPX) CEO Tom Stepien said.
“Growing demand from existing customers, new program wins, and improved execution across our manufacturing partners drove strong momentum throughout the year. Looking ahead to 2026, we plan to leverage our enhanced supply chain to scale production and meet accelerating market demand, supporting continued accretive growth,” he added.
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