Amprius Technologies Completes $100 Million ATM Equity Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14 Jan 26
Source: Newsfilter
Amprius Technologies Inc. shares rose by 6.00% as the stock crossed above its 5-day SMA, reflecting positive investor sentiment.
The company successfully completed a $100 million ATM equity offering, issuing 25.5 million shares and raising approximately $97.5 million in net proceeds. This financing significantly enhances Amprius's financial strength, with strong sales performance indicating robust market demand for its high-energy density lithium-ion batteries, which achieve energy densities of up to 520 Wh/kg and 1,150 Wh/L.
This successful capital raise positions Amprius well for future research and development, as well as expansion efforts, reinforcing its leadership in the battery industry.
Analyst Views on AMPX
Wall Street analysts forecast AMPX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMPX is 17.17 USD with a low forecast of 16.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.580
Low
16.00
Averages
17.17
High
20.00
Current: 13.580
Low
16.00
Averages
17.17
High
20.00
About AMPX
Amprius Technologies, Inc. develops, manufactures and markets lithium-ion batteries for mobility applications, including the aviation, electric vehicle (EV) and light electric vehicle (LEV) industries. The Company’s commercially available SiMaxx batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500 Wh/kg and 1,300 Wh/L. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems (UAS), such as drones and high-altitude pseudo satellites (HAPS). It offers high-performance silicon anode batteries under product platforms: SiCore and SiMaxx. Its SiCore batteries are based on an innovative, proprietary silicon anode material system delivering high-energy-density silicon anode batteries that surpass current graphite cell performance. Its SiMaxx high-energy battery cells are designed to maximize specific energy for applications with low power requirements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
