Amprius Jumps 52% on $21 Price Target and $125M 2026 Revenue Goal
Amprius rallied 52.2% to an all-time high after Cantor Fitzgerald raised its price target to $20 and Craig-Hallum to $21. The company forecasted $125 million in 2026 revenue, up 71% from $73 million last year, while expecting an $8 million net loss, an 82% year-on-year improvement.
1. Stock Rally and High
Amprius Technologies shares surged 52.19% week-on-week, reaching a new all-time high as investor enthusiasm grew around the company’s growth outlook and expanding market presence in silicon anode batteries.
2. Analyst Upgrades
Cantor Fitzgerald raised its price target to $20 and assigned an overweight rating, while Craig-Hallum boosted its target to $21 and maintained a buy recommendation, reflecting heightened confidence in Amprius’s commercial trajectory.
3. Revenue and Loss Guidance
The company set a $125 million revenue target for 2026, marking a 71% increase from $73 million in 2025, and projected an $8 million net loss, an 82% improvement from a $44 million loss last year.
4. CEO Commentary and Expansion Plans
CEO Tom Stepien noted a tripling of revenue, expansion to over 550 customers, and broader adoption of its silicon anode batteries. He plans to leverage enhanced supply chain partnerships to scale production and meet accelerating market demand.