Amprius Technologies Inc. (NYSE:AMPX) is one of the 10 Stocks to Watch Right Now.
Amprius rallied for a fifth straight day on Friday to hit a new all-time high, as investor optimism was further bolstered by two analysts’ price target upgrades and bullish ratings for its stock.
At intra-day trading, the stock soared to its highest price of $17.29 before paring gains to finish the day just up by 9.67 percent at $16.33 apiece.
Photo from Amprius website
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.
Cantor issued an “overweight” rating while Craig-Hallum assigned a “buy” recommendation, following Amprius Technologies Inc.’s (NYSE:AMPX) highly optimistic outlook this year, with revenues targeted to grow by 71 percent.
In its latest earnings call, Amprius Technologies Inc. (NYSE:AMPX) said that it is targeting to further grow its revenues to $125 million this year from $73 million last year. If realized, the company 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, but would imply an 82-percent recovery 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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