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Upturn AI Summary - About
Amprius Technologies Inc.(AMPX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AMPX
09/28/2026: AMPX (3-star) is currently NOT-A-BUY. Pass it for now.
Amprius Technologies is an emerging player in the advanced battery market, specializing in high-energy density silicon-anode batteries for the aerospace and defense sectors. Its primary strength lies in its proprietary technology, which offers superior performance for applications like electric drones and air mobility. The company's growth story centers on its ongoing transition from lab-scale innovation to commercial manufacturing capacity. Investors face significant risks, including the high cost of production scaling, intense competition from well-funded incumbents, and ongoing cash burn. This stock may suit risk-tolerant growth investors, provided they closely monitor the company's ability to execute on its production roadmap and secure meaningful, recurring commercial contracts.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to breakthrough battery tech, but high execution risk makes it speculative. |
| Momentum investor | Mixed fit | Momentum is conditional on positive news flow regarding manufacturing capacity or major contract wins. |
| Value investor | Weak fit | The lack of earnings and cash flow generation makes this an unsuitable pick for traditional value criteria. |
| Dividend investor | Weak fit | The company does not pay a dividend and requires significant reinvestment. |
| Low-risk investor | Weak fit | High volatility and the risks associated with commercialization make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | As a small-cap technology growth stock, share prices are subject to large swings based on sentiment. |
| Valuation risk | High | Valuations are often speculative and based on long-term growth promises rather than current fundamentals. |
| Competition risk (battery tech) | High | The firm faces competition from well-funded incumbents and other startups seeking to solve the energy density equation. |
| Business quality | Medium | The technology is highly regarded, but the business quality is in a nascent state of development. |
| Dividend income | Low / none | There is no dividend income and no expectation of one for the foreseeable future. |
| Execution risk | High | Successfully scaling manufacturing while maintaining product quality is the most significant hurdle for the firm. |
Price Behavior

Downtrend
The stock has experienced a sustained decline in price over recent periods.

Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 224.41% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.40B USD | Price to earnings Ratio - | 1Y Target Price 23 |
Price to earnings Ratio - | 1Y Target Price 23 | ||
Volume (30-day avg) 4.8M shares | Beta 2.34 | 52 Weeks Range 7.71 - 24.23 | Updated Date 09/28/2026 |
52 Weeks Range 7.71 - 24.23 | Updated Date 09/28/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.29 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Battery Sales | Revenue from the sale of SiCore and SiMaxx batteries to aerospace, defense, and high-performance mobility customers. | The company makes money by selling high-performance batteries to customers who need longer flight times or mobility ranges. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 161.29 | Enterprise Value 1.35B | Price to Sales(TTM) 12.84 |
Enterprise Value 1.35B | Price to Sales(TTM) 12.84 | ||
Enterprise Value to Revenue 12.52 | Enterprise Value to EBITDA -34.49 | Shares Outstanding 146.08M | Shares Floating 142.88M |
Shares Outstanding 146.08M | Shares Floating 142.88M | ||
Percent Insiders 4.36 | Percent Institutions 69.6 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Amprius Technologies Inc.
Exchange NYSE | Headquarters Fremont, CA, United States | ||
IPO Launch date 2022-09-15 | CEO, President & Director Mr. Thomas Michael Stepien | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 97 | Website https://amprius.com |
Full time employees 97 | Website https://amprius.com | ||
Amprius Technologies, Inc. develops, manufactures, and markets lithium-ion batteries for mobility applications. The company provides silicon anode lithium-ion batteries under the SiCore and SiMaxx product platforms. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. The company was founded in 2008 and is headquartered in Fremont, California.

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