Ramish Cheema
2 min read
We recently published 9 Best Battery Stocks to Buy Before They Explode. Amprius Technologies Inc. (NYSE:AMPX) is one of the best battery stocks to buy before they explode.
Investment firm B. Riley raised Amprius Technologies Inc. (NYSE:AMPX)’s share price target to $22 from $16 and kept a Buy rating on the shares on March 9th. The update came after the firm’s fiscal fourth quarter and full year 2025 earnings report. In its earnings, Amprius Technologies Inc. (NYSE:AMPX) had reported $25.2 million in fourth-quarter revenue and $44 million in net loss. However, the firm’s revenue marked a 137% annual jump from the year-ago figures of $10.6 million. Similarly, the net loss was a significant improvement over the year-ago quarter’s $9.6 million. For the full year, Amprius Technologies Inc. (NYSE:AMPX) reported $73 million in revenue and $21.5 million in net loss to mark a 202% revenue growth and a 50% net loss improvement.
In February, Amprius Technologies Inc. (NYSE:AMPX) announced a partnership to expand its battery production in the US. On the 3rd, the firm revealed that it had entered into a manufacturing partnership with Nanotech Energy to produce high-performance silicon battery cells.
Amprius Technologies Inc. (NYSE:AMPX) is a lithium-ion battery manufacturer whose batteries are used in aerospace and space applications such as drones and satellites.
While we acknowledge the potential of AMPX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. Follow Insider Monkey on Google News.
