Amprius Q4 revenue up 137%

Overview

• Battery maker's Q4 revenue rose 137% to $25.2 mln, with first positive adjusted EBITDA

• Company's net loss of $24.4 mln includes $22.5 mln in one-time charges

• Amprius forecasts 2026 revenue growth of at least 70% to $125 mln or more

Outlook

• Amprius expects 2026 revenue growth of at least 70% to $125 mln or more

• Company forecasts 2026 net loss below $8 mln

• Amprius anticipates positive non-GAAP adjusted EBITDA of at least $4 mln in 2026

Result Drivers

• EXPANDED CUSTOMER BASE - Amprius expanded its customer base to over 550, contributing to revenue growth

• INCREASED DEMAND - Growing demand from existing customers and new program wins drove revenue growth

Company press release: ID:nBw713y8a

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electrical components & equipment peer group is "buy"

• Wall Street's median 12-month price target for Amprius Technologies Inc is $17.00, about 46.2% above its March 3 closing price of $11.63

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