Amprius Technologies Future Growth
Future criteria checks 6/6
Amprius Technologies is forecast to grow earnings and revenue by 58.5% and 32.6% per annum respectively. EPS is expected to grow by 68.2% per annum. Return on equity is forecast to be 37.6% in 3 years.
Key information
58.5%
Earnings growth rate
68.23%
EPS growth rate
| Electrical earnings growth | 17.2% |
| Revenue growth rate | 32.6% |
| Future return on equity | 37.60% |
| Analyst coverage | Good |
| Last updated | 13 Apr 2026 |
Recent future growth updates
Recent updates
Amprius Technologies: Growth Continues To Impress, But Valuation Is Getting Lofty
Apr 26
AMPX: NDAA Manufacturing Execution Will Likely Constrain Bullish Repricing Expectations
Analysts now see fair value for Amprius Technologies at $17, slightly below the prior $18. They also support higher Street price targets in the $20 to $22 range based on stronger revenue and margin assumptions tied to silicon anode battery adoption and expanding end markets.AMPX: UAV And NDAA Progress Will Drive Bullish Repricing Expectations
Analysts have lifted their average price target on Amprius Technologies by $4 to the low $20s, pointing to recent price target increases from $16 to a range of $20 to $22 and citing stronger revenue guidance, early profitability milestones, and growing demand for its silicon anode battery technology across drones, space, and emerging electric mobility markets. Analyst Commentary Street research around Amprius Technologies centers on two themes: commercial traction for its silicon anode batteries and the pace at which the company can scale production to meet demand across drones, satellites, space and emerging electric mobility categories.AMPX: Drone Demand And NDAA Progress Will Shape Measured Repricing Potential
Analysts have raised the fair value estimate for Amprius Technologies from $16.00 to $18.00. This change reflects a higher average Street price target in the $20 to $22 range, which is tied to stronger revenue guidance, improving profitability assumptions, and growing confidence in the commercial traction of its silicon anode battery platform across drones, space, and emerging electric mobility markets.
AMPX: Drone Demand And Capacity Expansion Will Drive Bullish Repricing
Analysts have lifted their price target on Amprius Technologies by about $1.70 to $19.25, citing stronger than expected Q4 results, improving profitability, and growing demand for its silicon anode battery technology across drones, satellites, light EVs, robotics, and eVTOL markets. Analyst Commentary Recent research notes cluster firmly on the optimistic side, with several firms moving price targets higher after Amprius Technologies reported Q4 results that came in ahead of expectations and delivered record quarterly revenue, triple digit year over year growth, and positive EBITDA for the first time.AMPX: Drone Demand And 2026 Top Pick Status Will Drive Repricing
Analysts have lifted their price target on Amprius Technologies to $20, citing a bullish initiation and its selection as a 2026 Top Pick. This view is supported by expectations that the company can capture meaningful share in the growing drones market.AMPX: Drone Demand And 2026 Top Pick Status Will Drive Repricing
Analysts have nudged their fair value estimate for Amprius Technologies higher to about US$17.57 from roughly US$17.17. They point to recent bullish coverage, including a 2026 Top Pick call and supportive views on the company’s positioning in drones and potential market share gains.AMPX: Drone Demand And Korea Alliance Will Drive Future Battery Adoption
Analysts have raised their price target on Amprius Technologies by a few dollars per share, citing higher projected margins, a lower assumed future P/E multiple, and growing confidence in demand for the company’s high energy density solutions in drones over the next few years. Analyst Commentary Recent Street research on Amprius Technologies centers on how its high energy density battery solutions could translate into execution on growth plans, particularly in drones, and how that might justify current valuation targets.AMPX: Drone Demand And New Alliances Will Drive Future Repricing
Analysts have lifted their fair value estimate for Amprius Technologies from US$10.00 to US$16.00, citing higher projected revenue growth, updated P/E assumptions and fresh price target increases from several firms that highlight confidence in the company’s position in high energy density battery solutions and growing drone demand. Analyst Commentary Recent research has leaned constructive on Amprius Technologies, with several firms lifting price targets into the mid to high teens and highlighting the company’s positioning in high energy density batteries and drone demand.Amprius Technologies, Inc. (NYSE:AMPX) Stocks Pounded By 28% But Not Lagging Industry On Growth Or Pricing
Jan 04
AMPX: Expanded Korea Alliance Will Drive Future High Energy Density Battery Demand
Analysts have modestly lifted their price target on Amprius Technologies, citing stronger conviction in the company’s ability to scale its market leading, high energy density battery solutions and support accelerating demand. This has resulted in a roughly flat fair value estimate near $17.17, despite slightly lower discount rate and valuation multiple assumptions.AMPX: New Leadership And UAV Demand Will Drive Future Battery Upside
Analysts have modestly raised their price target for Amprius Technologies to about $17.17, citing the company’s Q3 earnings beat, prudent scaling strategy, strengthened leadership, and expectations for accelerating demand for its high energy density battery solutions. Analyst Commentary Bullish analysts highlight that the series of price target increases reflects growing confidence in Amprius Technologies execution and earnings power, particularly following its recent Q3 earnings beat.AMPX: Leadership Changes And New Contracts Will Drive Further Sector Momentum
Analysts have raised their price target for Amprius Technologies from approximately $15.33 to $17.17 per share. They cite confidence in the company’s prudent growth strategy, broadening demand for its high energy-density solutions, and improved margin expectations.AMPX: Leadership Changes And Milestone Achievements Will Drive Greater Market Demand
Amprius Technologies’ analyst price target has increased from approximately $14.67 to $15.33 per share. This change reflects analysts’ greater confidence in the company’s growth potential, advancements in technology, and prudent scaling strategy.Analyst Commentary Drives Higher Price Targets for Amprius Technologies Amid Growth Optimism
Analysts have raised their price targets on Amprius Technologies, with updated forecasts now ranging from $14 to $20. This change is attributed to strong financial performance, robust demand expectations for its advanced energy-density solutions, and favorable long-term growth prospects.Advanced Batteries Will Fuel Global Drone And Mobility Demand
Analysts have raised their fair value estimate for Amprius Technologies from $13 to approximately $14.67 per share, citing improved financial outlooks and growing confidence in the company’s ability to scale its leading technology, deliver strong results, and support ongoing momentum through experienced leadership and new business developments. Analyst Commentary Recent analyst updates have reflected growing optimism regarding Amprius Technologies’ outlook, driven by strong execution, leadership enhancements, and key business developments.Amprius Technologies, Inc.'s (NYSE:AMPX) 89% Jump Shows Its Popularity With Investors
Oct 07Advanced Batteries Will Fuel Global Drone And Mobility Demand
Amprius Technologies’ consensus price target was raised to $10.83, reflecting heightened investor optimism driven by a major manufacturing agreement, improved margins, and anticipation of new business catalysts. Analyst Commentary Recent contract manufacturing agreement with a South Korean battery manufacturer has significantly boosted investor confidence.Amprius Technologies, Inc.'s (NYSE:AMPX) P/S Is Still On The Mark Following 113% Share Price Bounce
Jul 23Calculating The Intrinsic Value Of Amprius Technologies, Inc. (NYSE:AMPX)
Jul 11Amprius Technologies, Inc. (NYSE:AMPX) Looks Just Right With A 27% Price Jump
May 18We're Hopeful That Amprius Technologies (NYSE:AMPX) Will Use Its Cash Wisely
Apr 16
Global Manufacturing Partnerships And SiCore Batteries Will Fuel Production Expansion
Expanding manufacturing and new battery platforms are expected to drive revenue growth and improve margins as production scales.Amprius Technologies Is A Hold On Weak Fundamentals
Mar 06Amprius Technologies, Inc.'s (NYSE:AMPX) Share Price Is Still Matching Investor Opinion Despite 30% Slump
Mar 04Amprius Technologies: Surpassing USABC Targets, Revolutionizes EV Batteries
Jan 09Amprius Technologies, Inc. (NYSE:AMPX) Stocks Shoot Up 39% But Its P/S Still Looks Reasonable
Dec 31Amprius Technologies: New Business Model Looks Good For The CEO
Dec 12Amprius Technologies, Inc.'s (NYSE:AMPX) P/S Is Still On The Mark Following 44% Share Price Bounce
Nov 09Amprius Technologies: Strong Buy As Company Secures Major Contract With Fortune 500 Company
Oct 17Earnings Release: Here's Why Analysts Cut Their Amprius Technologies, Inc. (NYSE:AMPX) Price Target To US$7.17
Aug 14Amprius Technologies: Undervalued Stock With Promising Technology And Growing Pipeline
Jul 31Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 373 | 52 | 61 | 67 | 5 |
| 12/31/2027 | 201 | 11 | 17 | 23 | 9 |
| 12/31/2026 | 126 | -7 | 9 | 1 | 10 |
| 12/31/2025 | 73 | -44 | -36 | -31 | N/A |
| 9/30/2025 | 58 | -31 | -32 | -34 | N/A |
| 6/30/2025 | 45 | -39 | -33 | -34 | N/A |
| 3/31/2025 | 33 | -45 | -38 | -38 | N/A |
| 12/31/2024 | 24 | -45 | -37 | -33 | N/A |
| 9/30/2024 | 17 | -44 | -45 | -32 | N/A |
| 6/30/2024 | 12 | -41 | -51 | -31 | N/A |
| 3/31/2024 | 11 | -38 | -49 | -29 | N/A |
| 12/31/2023 | 9 | -37 | -43 | -26 | N/A |
| 9/30/2023 | 6 | -33 | -39 | -26 | N/A |
| 6/30/2023 | 4 | -29 | -25 | -20 | N/A |
| 3/31/2023 | 3 | -24 | -20 | -17 | N/A |
| 12/31/2022 | 4 | -17 | -15 | -14 | N/A |
| 9/30/2022 | 5 | -15 | -11 | -10 | N/A |
| 6/30/2022 | 4 | -14 | -9 | -9 | N/A |
| 3/31/2022 | 5 | -11 | -8 | -8 | N/A |
| 12/31/2021 | 3 | -10 | -9 | -8 | N/A |
| 12/31/2020 | 5 | -7 | -6 | -5 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMPX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.4%).
Earnings vs Market: AMPX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AMPX is expected to become profitable in the next 3 years.
Revenue vs Market: AMPX's revenue (32.6% per year) is forecast to grow faster than the US market (11.1% per year).
High Growth Revenue: AMPX's revenue (32.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMPX's Return on Equity is forecast to be high in 3 years time (37.6%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 10:35 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
Amprius Technologies, Inc. is covered by 9 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryan Pfingst | B. Riley Securities, Inc. |
| Derek Soderberg | Cantor Fitzgerald & Co. |
| Amit Dayal | H.C. Wainwright & Co. |