<- Go home

Added to YB: 2026-05-14

Pitch date: 2026-05-12

AMPX [neutral]

Amprius Technologies, Inc.

-17.52%

current return

Author Info

Shawarma Capital wraps deep research on hardware, semis, defense autonomy, and more, into long-form memos you can actually digest. Sign up for the newsletter.

Company Info

Amprius Technologies, Inc. develops, manufactures, and markets lithium-ion batteries for mobility applications.

Market Cap

$2.1B

Pitch Price

$18.78

Price Target

26.97 (+74%)

Dividend

N/A

EV/EBITDA

-214.66

P/E

-49.12

EV/Sales

23.03

Sector

Electrical Equipment

Category

growth

Show full summary:
AMPX Q1 2026: The Only Western Silicon-Anode Pure-Play Just Raised Guidance

AMPX (earnings): Q1 rev $28.5M (+2.5x YoY, +13% QoQ), 20% gross margin, raised FY26 guide to ≥$130M rev & ≥$4M adj EBITDA (from negative). Stock -26.8% on warrant swap (7.1M warrants, 5% max dilution). Only Western silicon-anode pure-play for defense/drone apps where energy density trumps cost. SiCore order + Intralink Korea partnership. Prob-weighted PT $26.97 vs $17.68 today (52.5% upside). Bear: 27x EV/sales, 19mo cash runway. Kill: Q2 rev <$28M (Aug 6 report).

Read full article (14 min)