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Amprius Technologies(AMPX) - 2023 Q4 - Annual Results
2024-03-21 20:07
Exhibit 99.1 le ar LETTER TO SHAREHOLDERS Q4 and Full Year 2023 | --- | --- | --- | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | Letter to Shareholders March 2024 | | | | | | F ...
Should You Buy Amprius Technologies (AMPX) Ahead of Earnings?
Zacks Investment Research· 2024-03-19 13:51
Core Insights - Amprius Technologies, Inc. (AMPX) is anticipated to perform well in the upcoming earnings report due to favorable earnings estimate revisions [1][2] - Analysts have raised their earnings estimates for AMPX, indicating positive trends, with the Most Accurate Estimate for the current quarter at a loss of 10 cents per share, compared to the broader Zacks Consensus Estimate of a loss of 12 cents per share [1] - The Zacks Earnings ESP for AMPX stands at +13.04%, suggesting a strong potential for an earnings beat [1] Importance of Earnings ESP - A positive Zacks Earnings ESP has historically led to positive surprises and outperformance in the market, with a 10-year backtest showing nearly 70% of stocks with a positive Earnings ESP and a Zacks Rank 3 or better achieving positive surprises [2] - Stocks with a positive Earnings ESP have averaged over 28% in annual returns, making AMPX a stock to consider ahead of earnings due to its Zacks Rank 3 and positive ESP [2] - Recent earnings estimate revisions for AMPX indicate a favorable outlook, suggesting a potential earnings beat in the upcoming report [2]
Amprius SiMaxx™ 400 Wh/kg Cell Capable of Delivering a 10C Continuous Discharge Rate Wins Best of Show New Product Award at 2024 International Battery Seminar
Businesswire· 2024-03-18 12:00
FREMONT, Calif. & ORLANDO, Fla.--(BUSINESS WIRE)--Amprius Technologies, Inc. ("Amprius" or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, is pleased to announce that its SiMaxxTM 400 Wh/kg cell capable of delivering a 10C continuous discharge rate won the Best of Show New Product Award, as voted on by energy industry professionals attending the 2024 International Battery Seminar. “We are honored to receive the Best of Show New Product Award ...
Amprius Technologies (AMPX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Zacks Investment Research· 2024-03-14 15:06
Core Viewpoint - Amprius Technologies (AMPX) is expected to report a year-over-year decline in earnings despite higher revenues, with the earnings report set for March 21, 2024 [1] Revenue and Earnings Estimates - The company is projected to post a quarterly loss of $0.12 per share, reflecting a year-over-year change of -71.4% [2] - Revenues are anticipated to reach $2.6 million, representing a significant increase of 229.1% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised 4.35% higher in the last 30 days, indicating a reassessment by covering analysts [2] - The Most Accurate Estimate for Amprius is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +16.67% [5] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4] - Amprius currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [6] Historical Performance - In the last reported quarter, Amprius was expected to post a loss of $0.13 per share but actually reported a loss of $0.10, achieving a surprise of +23.08% [7] - Over the past four quarters, the company has only beaten consensus EPS estimates once [7] Conclusion - Amprius is viewed as a compelling candidate for an earnings beat, but investors should consider other factors influencing stock performance ahead of the earnings release [8]
Amprius Delivers High-Volume Silicon Anode Cell Shipment to Korean Aerospace Research Institute
Businesswire· 2024-03-05 13:30
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced it completed a high-volume shipment of SiMaxx™ cells to the Korean Aerospace Research Institute (“KARI”), known as the aeronautics and space agency of South Korea, further strengthening Amprius’ position as the premier global battery solution for HAPS applications. “This partnership with KARI achieves sev ...
Should Investors Buy Amprius Stock for 2024?
The Motley Fool· 2024-02-16 14:15
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Amprius Sets February 2024 Events Schedule
Businesswire· 2024-02-01 13:30
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its schedule for February appearances and activities. Solid-State Batteries: Innovations, Promising Start-Ups, and Future Roadmap Date: February 14-15, 2024 Location: Virtual Event Details: The Solid-State Batteries: Innovations, Promising Start-Ups, and Future Roadmap brings experts together to share resea ...
Amprius Achieves Globally Recognized Aerospace & Defense AS9100 Certification
Businesswire· 2024-01-23 13:30
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced it has received the prestigious AS9100:2016 certification for its Fremont, CA production facility. This certification, received from Smithers Quality Assessments, Inc., establishes a framework for continual improvement as Amprius continues to supply batteries to the burgeoning electric aviation industry, hel ...
Can Amprius (AMPX) Climb 137.2% to Reach the Level Wall Street Analysts Expect?
Zacks Investment Research· 2024-01-16 16:22
Core Viewpoint - Amprius Technologies (AMPX) has seen a significant stock price increase of 37.7% over the past four weeks, closing at $5, with analysts projecting a potential upside to a mean price target of $11.86, indicating a 137.2% increase from the current price [1] Price Targets and Analyst Consensus - The mean price target is based on seven short-term estimates with a standard deviation of $3.08, suggesting variability in analyst predictions; the lowest estimate is $8 (60% increase), while the highest is $16 (220% increase) [1] - Analysts' price targets can be misleading, as they often set overly optimistic targets influenced by business relationships, which may inflate expectations [3][4] Earnings Estimates and Market Sentiment - There is growing optimism among analysts regarding AMPX's earnings, with a 2.1% increase in the Zacks Consensus Estimate over the past month, indicating a positive trend in earnings estimate revisions [5] - AMPX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for near-term upside [5] Conclusion on Price Movement - While consensus price targets may not reliably indicate the extent of potential gains, the direction implied by these targets appears to be a useful guide for investors [6]
Amprius Broadens Product Portfolio with New Commercially Available Silicon Anode Battery Platform – SiCoreTM
Businesswire· 2024-01-16 13:30
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies, Inc. ("Amprius" or the "Company") (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its all-new SiCoreTM product platform, an expansion of its product portfolio of industry-leading silicon anode batteries targeted to revolutionize electric mobility. In addition to this SiCore product platform, Amprius has also branded its existing silicon nanowire platform SiMaxxTM with its current product ...