Assessing Whether Amprius Technologies Inc (NYSE: AMPX) Is Over- Or Undervalued

Amprius Technologies Inc (AMPX) concluded trading on Wednesday at a closing price of $2.98, with 5.31 million shares of worth about $15.84 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.51% during that period and on Wednesday the price saw a gain of about 6.05%. Currently the company’s common shares owned by public are about 120.55M shares, out of which, 86.39M shares are available for trading.

Stock saw a price change of 16.86% in past 5 days and over the past one month there was a price change of 17.32%. Year-to-date (YTD), AMPX shares are showing a performance of 6.43% which increased to 112.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.61 but also hit the highest price of $4.20 during that period. The average intraday trading volume for Amprius Technologies Inc shares is 3.28 million. The stock is currently trading 16.59% above its 20-day simple moving average (SMA20), while that difference is up 17.48% for SMA50 and it goes to 40.84% higher than SMA200.

Amprius Technologies Inc (NYSE: AMPX) currently have 120.55M outstanding shares and institutions hold larger chunk of about 17.05% of that.

The stock has a current market capitalization of $359.23M and its 3Y-monthly beta is at 2.43. It has posted earnings per share of -$0.41 in the same period. It has Quick Ratio of 4.45 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMPX, volatility over the week remained 1.69% while standing at 4.41% over the month.

Analysts are in expectations that Amprius Technologies Inc (AMPX) stock would likely to be making an EPS of -0.08 in the current quarter, while forecast for next quarter EPS is -0.07 and it is -0.05 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.08 which is -0.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 29.84% while it is estimated to increase by 59.28% in next year. EPS is likely to grow at an annualized rate of 39.43% for next 5-years, compared to annual growth of -56.97% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on January 21, 2025 offering an Overweight rating for the stock and assigned a target price of $10 to it. Coverage by ROTH MKM stated Amprius Technologies Inc (AMPX) stock as a Buy in their note to investors on January 11, 2024, suggesting a price target of $10 for the stock. On December 18, 2023, William Blair Initiated their recommendations, while on December 05, 2023, Alliance Global Partners Initiated their ratings for the stock with a price target of $10. Stock get a Buy rating from H.C. Wainwright on October 31, 2023.

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