AmpliTech Group Future Growth

Future criteria checks 5/6

AmpliTech Group is forecast to grow earnings and revenue by 102.4% and 46.1% per annum respectively while EPS is expected to grow by 106.1% per annum.

Key information

102.4%

Earnings growth rate

106.12%

EPS growth rate

Electronic earnings growth	19.8%
Revenue growth rate	46.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	20 May 2025

Recent future growth updates

Recent updates

AmpliTech Group, Inc.'s (NASDAQ:AMPG) 35% Jump Shows Its Popularity With Investors

May 28

5G And R&D Efforts Will Unlock ORAN Deployment Potential

May 18 Strategic 5G investments and certifications enhance global market reach and revenue potential through high-growth market deployments and proprietary technology.

Positive Sentiment Still Eludes AmpliTech Group, Inc. (NASDAQ:AMPG) Following 31% Share Price Slump

Mar 09

AmpliTech Group, Inc. (NASDAQ:AMPG) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jan 15

It Looks Like AmpliTech Group, Inc.'s (NASDAQ:AMPG) CEO May Expect Their Salary To Be Put Under The Microscope

Dec 12

AmpliTech Group, Inc. (NASDAQ:AMPG) Doing What It Can To Lift Shares

Nov 27

Investors Give AmpliTech Group, Inc. (NASDAQ:AMPG) Shares A 30% Hiding

Aug 22

Investors Still Aren't Entirely Convinced By AmpliTech Group, Inc.'s (NASDAQ:AMPG) Revenues Despite 31% Price Jump

Apr 07

Earnings and Revenue Growth Forecasts

NasdaqCM:AMPG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	45	6	6	7	1
12/31/2026	30	3	4	5	1
12/31/2025	20	-3	0	1	1
3/31/2025	11	-8	-7	-6	N/A
12/31/2024	10	-11	-5	-5	N/A
9/30/2024	12	-8	-6	-6	N/A
6/30/2024	12	-8	-5	-5	N/A
3/31/2024	14	-7	-5	-4	N/A
12/31/2023	16	-2	-4	-3	N/A
9/30/2023	16	-3	-3	-2	N/A
6/30/2023	18	-1	-3	-1	N/A
3/31/2023	18	-1	-3	-2	N/A
12/31/2022	19	-1	-4	-3	N/A
9/30/2022	18	-3	-4	-3	N/A
6/30/2022	13	-4	-5	-4	N/A
3/31/2022	10	-4	-5	-3	N/A
12/31/2021	5	-5	-3	-2	N/A
9/30/2021	3	-2	-4	-3	N/A
6/30/2021	4	-2	-2	-2	N/A
3/31/2021	3	-2	-1	-1	N/A
12/31/2020	3	-1	-1	-1	N/A
9/30/2020	4	-1	0	-1	N/A
6/30/2020	3	-1	0	0	N/A
3/31/2020	3	0	0	0	N/A
12/31/2019	3	0	0	0	N/A
9/30/2019	3	0	0	0	N/A
6/30/2019	3	0	0	0	N/A
3/31/2019	3	0	1	1	N/A
12/31/2018	2	0	N/A	0	N/A
9/30/2018	2	0	N/A	0	N/A
6/30/2018	2	0	N/A	0	N/A
3/31/2018	1	0	N/A	0	N/A
12/31/2017	1	0	N/A	0	N/A
9/30/2017	2	0	N/A	0	N/A
6/30/2017	2	0	N/A	0	N/A
3/31/2017	2	1	N/A	0	N/A
12/31/2016	2	0	N/A	0	N/A
9/30/2016	2	0	N/A	0	N/A
6/30/2016	1	0	N/A	0	N/A
3/31/2016	1	0	N/A	0	N/A
12/31/2015	1	0	N/A	0	N/A
9/30/2015	1	0	N/A	0	N/A
6/30/2015	1	0	N/A	0	N/A
3/31/2015	1	-1	N/A	0	N/A
12/31/2014	1	-1	N/A	0	N/A
9/30/2014	1	-1	N/A	0	N/A
6/30/2014	1	-1	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMPG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).

Earnings vs Market: AMPG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AMPG is expected to become profitable in the next 3 years.

Revenue vs Market: AMPG's revenue (46.1% per year) is forecast to grow faster than the US market (8.6% per year).

High Growth Revenue: AMPG's revenue (46.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if AMPG's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/11 03:43
End of Day Share Price	2025/06/11 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AmpliTech Group, Inc. is covered by 1 analysts. 1 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
Jack Vander Aarde	Maxim Group

AmpliTech Group Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 18%, EPS downgraded

Forecast breakeven date pushed back to 2026

Forecast breakeven date pushed back to 2025

Price target increased by 13% to US$9.00

Forecast breakeven date pushed back to 2024

Price target decreased to US$6.50

Recent updates

AmpliTech Group, Inc. Achieves FCC Certification of its ORAN MPRU-Gen3-3537-AE-AI 5G Radios

AmpliTech Group, Inc.'s (NASDAQ:AMPG) 35% Jump Shows Its Popularity With Investors

Consensus revenue estimates increase by 18%, EPS downgraded

5G And R&D Efforts Will Unlock ORAN Deployment Potential

First quarter 2025 earnings released: US$0.094 loss per share (vs US$0.48 loss in 1Q 2024)

AmpliTech Group, Inc. Achieves FCC Certification for Its 5G Oran Low Power Radios for Private 5G Deployments in Us

Full year 2024 earnings: EPS and revenues miss analyst expectations

Positive Sentiment Still Eludes AmpliTech Group, Inc. (NASDAQ:AMPG) Following 31% Share Price Slump

AmpliTech Group, Inc. Announces Innovative True 5G Technology Development

AmpliTech Group, Inc. Announces Resignation of Matthew Kappers as Director, Chairman of the Nominating and Corporate Governance Committee, and as Member of the Audit Committee and the Compensation Committee

AmpliTech Group, Inc. Appoints Shailesh ‘Sonny’ Modi to its Board of Directors

AmpliTech Group, Inc. (NASDAQ:AMPG) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

New major risk - Shareholder dilution

AmpliTech Group, Inc. Announces Receipt of Notice of Allowance for Another Patent for its LNA Technology

AmpliTech Group, Inc. has filed a Follow-on Equity Offering in the amount of $5.8001 million.

AmpliTech Group, Inc. has completed a Follow-on Equity Offering in the amount of $3.185028 million.

It Looks Like AmpliTech Group, Inc.'s (NASDAQ:AMPG) CEO May Expect Their Salary To Be Put Under The Microscope

AmpliTech Group, Inc. has filed a Follow-on Equity Offering in the amount of $2.164 million.

Forecast breakeven date pushed back to 2026

AmpliTech Group, Inc. has completed a Follow-on Equity Offering in the amount of $1.47482 million.

AmpliTech Group, Inc. (NASDAQ:AMPG) Doing What It Can To Lift Shares

Insufficient new directors

AmpliTech Group, Inc. has filed a Follow-on Equity Offering in the amount of $1.474998 million.

AmpliTech Group, Inc.'s AGTGSS Division Releases New Portable 5G Networks in A Box (NIB) for Military, First Responders, and On-Demand Commercial Events

AmpliTech Group, Inc., Annual General Meeting, Dec 18, 2024

AmpliTech Group, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rules 5550(a)(2)

AmpliTech Group, Inc. has filed a Follow-on Equity Offering in the amount of $1 million.

AmpliTech Group, Inc.’s AGMDC Division Moves to Allen Tech Hub in Watters Creek District in Allen Texas

Investors Give AmpliTech Group, Inc. (NASDAQ:AMPG) Shares A 30% Hiding

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Forecast breakeven date pushed back to 2025

Insufficient new directors

AmpliTech Group’s AGTGSS Division Unveils Comprehensive Private 5G End-to-End Solution for Businesses and Homes

AmpliTech Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

AmpliTech Group, Inc. announced delayed 10-Q filing

Investors Still Aren't Entirely Convinced By AmpliTech Group, Inc.'s (NASDAQ:AMPG) Revenues Despite 31% Price Jump

Price target increased by 13% to US$9.00

AmpliTech Group (NASDAQ:AMPG) Is In A Good Position To Deliver On Growth Plans

Full year 2023 earnings: EPS exceeds analyst expectations

AmpliTech Group, Inc. Announces its AGTGSS Division Unveils New 5G High-Speed Network in A Box

Insufficient new directors

Amplitech Group, Inc. Unveils Massive Mimo, 64T64r Oran, Cat B Radio

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

AmpliTech Group, Inc. Announces New Product Lines

AmpliTech Group, Inc., Annual General Meeting, Dec 11, 2023

Forecast breakeven date pushed back to 2024

AmpliTech Group, Inc. Announces Newly Released Passive Product Lines for RF Industry

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Revenues Not Telling The Story For AmpliTech Group, Inc. (NASDAQ:AMPG)

Price target decreased to US$6.50

AmpliTech Group, Inc. Increases Revenue Guidance for the Year 2022

Price target decreased to US$6.50

AmpliTech Group, Inc., Annual General Meeting, Dec 06, 2022

Amplitech Group, Inc. Raises Revenue Guidance for the Fiscal Year 2022

Amplitech Group reports Q2 earnings; raises FY22 revenue guidance

AmpliTech Group, Inc. to Report Q2, 2022 Results on Aug 15, 2022

AmpliTech Group, Inc Forms New TGSS Division to Offer Managed Communications as A Service for 5G O-Ran Radios and Base Stations

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

AmpliTech Group, Inc. Provides Revenue Guidance for the Second Quarter of 2022

AmpliTech Group, Inc. to Report Q1, 2022 Results on May 16, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

AmpliTech Group, Inc. Provides Earnings Guidance for the First Quarter of 2022

AmpliTech Group, Inc. Appoints Jorge Flores as Chief Operating Officer

AmpliTech Group, Inc. (NasdaqCM:AMPG) completed the acquisition of All of the Assets of Spectrum Semiconductor Materials, Inc.

Third quarter 2021 earnings released: US$0.063 loss per share (vs US$0.007 profit in 3Q 2020)

Second quarter 2021 earnings released: US$0.053 loss per share (vs US$0.098 loss in 2Q 2020)

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts