AmpliTech Group (AMPG) AI Stock Analysis

• Market Cap: $64.80M
• Dividend Yield: N/A
• Average Volume (3M): 666.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: 58.04%
• EPS Growth: 21.09%
• Country: US
• Employees: 47
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): -0.01
• Shares Outstanding: 20,638,096
• 10 Day Avg. Volume: 523,088
• 30 Day Avg. Volume: 666,066
• PEG Ratio: -0.02
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 5.64
• P/FCF Ratio: -10.04
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $6.00
• Price Target Upside: 57.89% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $3.00 ▼(-21.05% Downside)

AmpliTech Group's overall score reflects strong revenue growth and strategic initiatives highlighted in the earnings call, offset by ongoing profitability challenges and a weak valuation. The stable balance sheet and technical indicators provide some support, but the company needs to achieve profitability and improve cash flow to enhance its financial health.

Positive Factors

Revenue Growth

The substantial revenue growth indicates strong market demand and effective sales strategies, positioning AmpliTech for sustained expansion.

Strategic Product Development

Continued R&D investment in cutting-edge technologies enhances AmpliTech's competitive edge and supports long-term market leadership.

Strong Financial Position

A strong cash position and no long-term debt provide financial flexibility to invest in growth opportunities and weather economic downturns.

Negative Factors

Ongoing Net Losses

Continued net losses indicate challenges in achieving profitability, which could strain resources and limit strategic investments.

Profitability Timeline

Delayed profitability suggests ongoing operational challenges, potentially impacting investor confidence and financial stability.

Complex Rights Offering

Complex financial instruments may confuse investors, potentially affecting participation and diluting shareholder value.

AmpliTech Group Business Overview & Revenue Model

Company Description

AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains. It also provides specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, it provides custom assembly designs and non-recurring engineering services on a project-by-project basis, as well as IC packaging and lids products. The company serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Europe, the Middle East, and South Asia. AmpliTech Group, Inc. was founded in 2002 and is based in Bohemia, New York.

How the Company Makes Money

AmpliTech generates revenue through the sale of its core products, which include a range of amplifiers, filters, and other signal processing solutions. The company operates on a business-to-business (B2B) model, supplying its products to various sectors, including telecommunications and aerospace. Key revenue streams include direct sales to OEMs (Original Equipment Manufacturers) and system integrators, as well as government contracts for specialized communication equipment. Additionally, AmpliTech may benefit from strategic partnerships with technology firms and defense contractors, which can enhance its market reach and sales opportunities. The company continually invests in R&D to advance its product offerings, aiming to capture new market segments and enhance profit margins.

AmpliTech Group Financial Statement Overview

Summary

AmpliTech Group shows strong revenue growth but struggles with profitability and cash flow generation. The balance sheet is stable with low leverage, but operational efficiency and positive returns remain challenges.

Income Statement

AmpliTech Group's income statement shows significant revenue growth of 78.59% in the TTM period, indicating strong top-line expansion. However, profitability remains a concern with negative net profit margins (-77.94%) and EBIT margins (-75.60%), reflecting ongoing operational challenges. The gross profit margin has decreased slightly from previous periods, suggesting pressure on cost management.

Balance Sheet

The balance sheet is relatively stable with a low debt-to-equity ratio of 0.13, indicating conservative leverage. However, the return on equity is negative (-29.49%), highlighting inefficiencies in generating returns for shareholders. The equity ratio is solid, suggesting a strong capital base relative to assets.

Cash Flow

Cash flow analysis reveals improvement in free cash flow growth at 50.06% in the TTM period, but operating cash flow remains negative, indicating cash generation issues. The operating cash flow to net income ratio is negative, reflecting challenges in converting earnings into cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.57M	9.51M	15.59M	19.39M	5.28M	3.46M
Gross Profit	5.21M	3.48M	7.28M	8.93M	1.29M	1.25M
EBITDA	-7.38M	-7.42M	-2.05M	1.23M	-4.48M	-689.00K
Net Income	-7.62M	-11.24M	-2.46M	-677.00K	-4.76M	-1.03M
Balance Sheet
Total Assets	47.24M	43.22M	31.41M	36.68M	35.23M	2.81M
Cash, Cash Equivalents and Short-Term Investments	8.39M	19.32M	6.73M	13.54M	18.02M	199.54K
Total Debt	4.30M	4.62M	3.84M	5.29M	1.57M	2.24M
Total Liabilities	11.42M	5.73M	4.73M	7.92M	6.19M	2.37M
Stockholders Equity	35.82M	37.49M	26.68M	28.76M	29.03M	440.28K
Cash Flow
Free Cash Flow	-7.37M	-5.34M	-4.44M	-4.16M	-3.26M	-593.10K
Operating Cash Flow	-6.43M	-5.30M	-3.47M	-3.43M	-2.20M	-521.49K
Investing Cash Flow	-5.69M	-3.29M	-725.90K	-1.08M	-10.61M	-71.62K
Financing Cash Flow	19.42M	21.18M	-2.37M	-224.22K	30.63M	217.93K

AmpliTech Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMPG, the sentiment is Positive. The current price of 3.8 is above the 20-day moving average (MA) of 3.25, above the 50-day MA of 3.78, and above the 200-day MA of 2.61, indicating a neutral trend. The MACD of -0.27 indicates Positive momentum. The RSI at 46.04 is Neutral, neither overbought nor oversold. The STOCH value of 28.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMPG.

AmpliTech Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SILC	57 Neutral	$91.37M	-6.89	-10.53%	―	-4.61%	63.88%
CMTL	54 Neutral	$94.75M	-0.46	-26.69%	―	-7.56%	-47.16%
AMPG	51 Neutral	$64.80M	―	-30.53%	―	58.04%	21.09%
OCC	50 Neutral	$60.05M	―	-5.41%	―	12.67%	80.62%
KVHI	49 Neutral	$106.09M	―	-8.78%	―	-9.26%	36.90%

AmpliTech Group Corporate Events

AmpliTech Group Reports Revenue Growth Amidst Continued Losses

AmpliTech Group, Inc. is a company based in Hauppauge, NY, specializing in the design, engineering, and assembly of microwave component-based low noise amplifiers for industries such as aerospace, defense, and commercial satellite communications. The company operates in the semiconductor and telecommunications sectors, offering unique proprietary technology that enhances frequency gain while minimizing noise distortion.

AmpliTech Group Releases Q3 2025 Earnings Presentation

On November 14, 2025, AmpliTech Group, Inc. released its Third Quarter FY 2025 Earnings Presentation, providing limited financial and operational information for the quarter ended September 30, 2025. The announcement included forward-looking performance estimates that involve risks and uncertainties, indicating that actual results may differ significantly from forecasts.

The most recent analyst rating on (AMPG) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on AmpliTech Group stock, see the AMPG Stock Forecast page.

AmpliTech Group Begins Unit Rights Offering Subscription

On November 6, 2025, AmpliTech Group‘s Compensation Committee approved discretionary cash bonuses for its executive officers, including $160,000 for CEO Fawad Maqbool, and $80,000 each for CFO Louisa Sanfratello and COO Jorge Flores. On November 11, 2025, the company announced the start of its unit rights offering subscription period, a move that could impact its capital structure and stakeholder interests.

The most recent analyst rating on (AMPG) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on AmpliTech Group stock, see the AMPG Stock Forecast page.

AmpliTech Group Files Prospectus for Unit Rights Offering

On November 3, 2025, AmpliTech Group announced the filing of its Free Writing Prospectus, detailing its 2025 Unit Rights Offering and 5G ORAN growth opportunity. The company is well-positioned in the Open RAN market due to its technological leadership, strategic alliances, and commercial traction, with significant Letters of Intent totaling over $118 million. AmpliTech’s integration of AI and machine learning into network optimization enhances its competitive edge, and its financial growth is evident as Q2 2025 revenue approaches $11 million, driven by high-margin 5G ORAN products. The rights offering aims to strengthen AmpliTech’s financial position, support strategic growth investments, and scale operations to meet growing demand.

The most recent analyst rating on (AMPG) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on AmpliTech Group stock, see the AMPG Stock Forecast page.

AmpliTech Group Announces New Rights Offering

On October 30, 2025, AmpliTech Group announced a rights offering, allowing holders of its common stock and certain warrantholders to purchase up to 8,000,000 units at $4.00 per unit. Each unit includes one share of common stock and rights to buy additional shares at set prices. The offering, ending December 10, 2025, aims to raise capital and potentially impact shareholder value and market positioning.

The most recent analyst rating on (AMPG) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on AmpliTech Group stock, see the AMPG Stock Forecast page.

AmpliTech Group Updates 2025 Company Information

On October 27, 2025, AmpliTech Group, Inc. released a power point presentation updating its company information for 2025. This presentation was furnished as part of a Current Report on Form 8-K, but it is not deemed filed for purposes of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section.

The most recent analyst rating on (AMPG) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on AmpliTech Group stock, see the AMPG Stock Forecast page.

AmpliTech Group Reports Record Sales and Positive Outlook

AmpliTech Group’s recent earnings call painted a picture of robust growth and strategic positioning, despite some short-term challenges. The company celebrated significant sales achievements and highlighted its strong financial standing, with promising opportunities in the burgeoning 5G and quantum computing markets. While facing temporary gross margin issues, AmpliTech’s strategic investments and partnerships are expected to drive future growth and profitability.

AmpliTech Group Reports Revenue Growth Amid Challenges

AmpliTech Group, Inc. is a company based in Hauppauge, New York, specializing in the design, engineering, and assembly of microwave component-based low noise amplifiers for industries such as aerospace, defense, and commercial satellite communications. The company operates in the technology sector and is known for its proprietary technology that maximizes frequency gain with minimal noise distortion.