Amprius Technologies Inc (AMPX) AI Stock Analysis

• Market Cap: $1.41B
• Dividend Yield: N/A
• Average Volume (3M): 8.25M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.28
• Revenue Growth: 209.20%
• EPS Growth: 4.24%
• Country: US
• Employees: 99
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.03
• Shares Outstanding: 130,483,840
• 10 Day Avg. Volume: 6,741,697
• 30 Day Avg. Volume: 8,248,803
• PEG Ratio: -1.37
• Price to Book (P/B): 4.11
• Price to Sales (P/S): 11.80
• P/FCF Ratio: -7.80
• 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: $17.17
• Price Target Upside: 58.83% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $10.00 ▼(-7.49% Downside)

Amprius Technologies Inc's overall stock score is driven by strong revenue growth and positive sentiment from the latest earnings call. However, significant challenges in profitability, cash flow, and valuation weigh heavily on the score. Technical analysis provides mixed signals, with a slight bearish bias. The company's reliance on the aerospace segment and geopolitical risks are notable concerns.

Positive Factors

Revenue Growth

Significant revenue growth indicates strong demand for Amprius' products, enhancing its market position and supporting long-term business expansion.

Customer Expansion

Expanding customer base demonstrates robust market traction, increasing revenue potential and reducing dependency on a few large clients.

Manufacturing Capacity

Increased manufacturing capacity ensures scalability, supporting future growth and ability to meet rising demand efficiently.

Negative Factors

Profitability Challenges

Persistent profitability issues could hinder long-term financial stability, affecting investment in growth and innovation.

Dependence on Aerospace

High reliance on a single sector exposes Amprius to sector-specific risks, potentially impacting revenue stability if demand shifts.

Geopolitical Risks

Significant international exposure may lead to revenue volatility due to geopolitical tensions and trade barriers, affecting long-term growth.

Amprius Technologies Inc Business Overview & Revenue Model

Company Description

Amprius Technologies Inc (AMPX) is a leading provider of high-energy density lithium-ion battery solutions, primarily aimed at the electric vehicle (EV), aerospace, and other advanced mobility sectors. The company specializes in the development and manufacturing of silicon anode-based batteries, which offer significantly higher energy density and longer cycle life compared to traditional graphite-based batteries. Amprius focuses on delivering innovative battery solutions that enhance performance and efficiency, contributing to the broader transition to sustainable energy and advanced transportation technologies.

How the Company Makes Money

Amprius Technologies generates revenue through the sale of its high-performance battery products to various industries, including electric vehicles and aerospace. The company's revenue model is primarily based on direct sales of its battery cells and systems, which are sold to manufacturers and integrators in these sectors. Additionally, Amprius may engage in strategic partnerships and collaborations with key players in the EV and aerospace markets to co-develop customized battery solutions, thereby creating further revenue opportunities. The company's emphasis on innovation and superior technology positions it favorably to capitalize on the growing demand for energy-dense battery solutions, driving its earnings potential.

Amprius Technologies Inc Financial Statement Overview

Summary

Amprius Technologies Inc exhibits strong revenue growth, but faces significant profitability and cash flow challenges. The balance sheet is stable with moderate leverage, yet negative returns on equity highlight ongoing financial struggles.

Income Statement

Amprius Technologies Inc has shown significant revenue growth of 30.27% in the TTM, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by negative margins across the board, including a net profit margin of -53.16% and an EBIT margin of -47.26%. The gross profit margin is marginally positive at 0.08%, suggesting cost management issues. Overall, while revenue growth is a positive sign, the lack of profitability is a major concern.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.37, indicating a manageable level of leverage. However, the return on equity is negative at -38.85%, reflecting the company's inability to generate profits from shareholders' equity. The equity ratio stands at 65.96%, suggesting a strong equity base relative to total assets. While the company maintains a solid equity position, the negative ROE highlights ongoing profitability challenges.

Cash Flow

Cash flow analysis reveals a concerning trend with negative free cash flow growth of -3.61% in the TTM. The operating cash flow to net income ratio is -2.10, indicating cash flow issues relative to net income. However, the free cash flow to net income ratio is slightly positive at 1.04, suggesting some ability to convert net income into free cash flow. Despite this, the overall cash flow position remains weak, with ongoing negative cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	58.41M	23.57M	8.79M	4.41M	2.77M	4.68M
Gross Profit	44.00K	-18.93M	-14.94M	-5.44M	-4.33M	-2.02M
EBITDA	-27.46M	-40.59M	-36.90M	-15.24M	-8.46M	-6.18M
Net Income	-31.05M	-44.67M	-36.78M	-17.33M	-9.90M	-7.42M
Balance Sheet
Total Assets	156.47M	121.13M	107.74M	83.17M	18.53M	6.66M
Cash, Cash Equivalents and Short-Term Investments	73.22M	55.16M	45.76M	69.70M	11.49M	2.00K
Total Debt	37.70M	37.76M	35.57M	3.02M	0.00	743.00K
Total Liabilities	53.28M	51.65M	47.94M	10.14M	4.67M	5.49M
Stockholders Equity	103.19M	69.47M	59.80M	73.03M	13.86M	1.17M
Cash Flow
Free Cash Flow	-32.14M	-36.56M	-43.10M	-15.36M	-8.63M	-5.57M
Operating Cash Flow	-33.72M	-33.35M	-25.55M	-13.88M	-8.02M	-5.04M
Investing Cash Flow	1.58M	-3.21M	-17.55M	-1.48M	-609.00K	-527.00K
Financing Cash Flow	70.52M	47.15M	19.17M	73.63M	20.11M	5.57M

Amprius Technologies Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.81
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMPX, the sentiment is Positive. The current price of 10.81 is below the 20-day moving average (MA) of 11.73, below the 50-day MA of 12.03, and above the 200-day MA of 6.36, indicating a neutral trend. The MACD of -0.37 indicates Positive momentum. The RSI at 48.94 is Neutral, neither overbought nor oversold. The STOCH value of 62.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMPX.

Amprius Technologies Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	78 Outperform	$5.28B	16.73	18.22%	0.77%	6.17%	20.86%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AMPX	51 Neutral	$1.41B	―	―	―	209.20%	4.24%
MVST	50 Neutral	$1.14B	―	-35.82%	―	19.82%	-7.14%
ENVX	48 Neutral	$1.63B	―	-68.95%	―	45.98%	44.14%
EOSE	47 Neutral	$4.34B	―	―	―	324.10%	-214.91%
PLUG	46 Neutral	$2.76B	―	-95.42%	―	2.53%	-2.83%

Amprius Technologies Inc Corporate Events

Amprius Technologies Reports Record Revenue and Growth

Amprius Technologies Inc.’s latest earnings call painted a positive picture of the company’s financial health and strategic direction. The call highlighted record-breaking revenue growth, significant customer expansion, and the successful deployment of second-generation battery products. Despite challenges related to its dependence on the aerospace segment and geopolitical risks, the overall sentiment remained optimistic, buoyed by strategic partnerships and manufacturing scalability.

Amprius Technologies Reports Revenue Growth Amid Challenges

Amprius Technologies Inc., a company specializing in the development and manufacturing of lithium-ion batteries for mobility applications, has released its latest earnings report. The company, known for its innovative silicon anode technology, operates primarily within the aviation and electric vehicle industries. Amprius has been in commercial production since 2018 and is headquartered in Fremont, California.