AMPX

Amprius Technologies, Inc.

Amprius Technologies, Inc.AMPX

Industrials · Electrical Equipment & Parts

8.72USD

+15.96%

Nov 08, 2026

AMPX overview ready

Supplier of silicon anode lithium-ion batteries for defense drones

Component supplier.

Theme not measured

Energy Storage has no leadership state this session.

Price trend is broken

Longer-term context reads trend under pressure, with a near-term setup of base repair.

The tactical setup reads base repair, but the weekly structure is broken.

Fair valuation

The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably….

Unremarkable fundamentals

Primary risk

Dependence on defense procurement cycles.

Market Nov 6Price action Nov 7Research Aug 28

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing

Energy Storage — Energy Storage has no leadership state this session

Its economic family, Power Infrastructure, reads Lagging (−12.0pp vs SPY) — the family’s reading, not this theme’s.

Price

Loading price history…

Price Action

Price trend is broken

Longer-term context reads trend under pressure, with a near-term setup of base repair.

The tactical setup reads base repair, but the weekly structure is broken.

EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap: $1.3B
Avg Volume (60D): 5.5M
Revenue Growth YoY: +143.6%
Gross Margin: +22.3%
Operating Margin: -17.1%
Free Cash Flow Yield: -2.8%
Distance from 200DMA: -34.6%
Next Earnings: 2026-11-10
P/E: N/M
EV / Sales: 11.0x

Market metrics as of Nov 7, 2026

Business Performance

Insufficient evidence

This company's quarterly figures could not be reconciled to its filed statement totals, so no performance read is shown.

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

Two of the three valuation perspectives say fair; intrinsic is the dissenting view.

Amprius Technologies, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

What changed

AMPX rose 16.0% in one session
AMPX closed +16.0% while the broad market was close to flat (+0.3%).
2026-11-06

Company Research

Thesis

Component supplier. Amprius is a direct component-level beneficiary of rising defense and allied demand for longer-endurance, payload-capable unmanned aircraft.

Opportunity

High opportunity

Defense procurement and industrial-base scaling for attritable unmanned systems, secure domestic/allied drone supply chains, and counter-UAS capabilities.

Key risk

Dependence on defense procurement cycles.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Electrical Equipment & Parts

What they do

Amprius Technologies develops, manufactures, and markets silicon anode lithium-ion batteries primarily for mobility applications, focusing on aviation and unmanned aerial systems. It operates through its SiCore and SiMaxx product platforms to serve emerging aviation markets.

How it earns

The company generates revenue through transactional sales of lithium-ion battery products.

Products & services

SiCore silicon anode lithium-ion batteries

SiMaxx silicon anode lithium-ion batteries

Customers & end markets

Defense and aerospace companies

Unmanned aerial systems manufacturers

Market position

Niche supplier specializing in advanced silicon anode lithium-ion batteries for aviation and unmanned systems.

Demand drivers

Medium cyclicality

Demand tied to defense procurement cycles and emerging aviation technology adoption.