Analyst Amit Dayal of H.C. Wainwright maintained a Buy rating on Amprius Technologies Inc, retaining the price target of $18.00.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Amit Dayal has given his Buy rating due to a combination of factors including Amprius Technologies Inc’s impressive financial performance and strategic growth prospects. The company reported significant revenue growth in the third quarter of 2025, with a 173% year-over-year increase, surpassing expectations. This growth was accompanied by improved gross margins and a substantial reduction in operational losses, indicating enhanced financial health and operational efficiency.
Moreover, Amprius has demonstrated strong backlog growth, securing a $35 million order from a repeat customer, which provides near-term revenue visibility. The company’s strategic focus on contract manufacturing has contributed to better control over gross margins. Additionally, favorable regulatory developments, such as executive orders promoting domestic drones and new FAA rules, are expected to benefit the company. These factors, combined with a positive long-term revenue projection and a robust financial outlook, underpin Amit Dayal’s Buy rating for Amprius Technologies Inc.
Dayal covers the Industrials sector, focusing on stocks such as Plug Power, Amprius Technologies Inc, and Vertical Aerospace. According to TipRanks, Dayal has an average return of 1.3% and a 37.35% success rate on recommended stocks.