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AMPX · NYSE · STOCK

Amprius Technologies (AMPX) Stock Analysis

Industrials Updated September 06, 2026
$9.87
52W $7.18 – $24.23
51/100
$1.40B
-34.0
2.34
AI Committee Verdict
Watch
51/100
Conviction: Contested · 60% agreement · 5 analysts
+50.6%
-6.5%
7.80:1
Contested

Is AMPX Bullish or Bearish?

Mixed. Innellis AI committee rates Amprius Technologies, Inc. (AMPX) Watch with a composite score of 51/100 , based on 5 analysts with 60% agreement. Last updated September 06, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +9.13 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -10.87 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Growth Analyst remains cautious — growth rate is decelerating quarter over quarter -- the trend line matters more than the level. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • News sentiment is positive (+0.25 across 4 articles, 14d) — News
Bear Case
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • Price structure making lower highs and lower lows — Technical
  • MACD histogram negative -- bearish momentum — Technical
  • Trend and market structure agree -- coherent bearish picture — Technical
  • Daily trend (downtrend) conflicts with the weekly trend (uptrend) -- fighting the larger trend — Technical
  • Bollinger bandwidth of 37.3% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 06, 2026
Overall Committee Score
51/100
Agreement
60%
Analysts
5
Conviction
Contested
Sector Rank
Top 94%
of 226 Industrials peers
Growth Analyst bearish
35 / 100 · Low confidence
Growth story is weak, decelerating, or inconsistent
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst bearish
39 / 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− Price structure making lower highs and lower lows
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 37.3% signals elevated volatility
Macro Analyst bullish
80 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
66 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.25 across 4 articles, 14d)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2704.43)
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Investment Thesis Evolution

Committee score weakened from 57.5 to 50.9.

Analyst-level changes:
  • Growth Analyst: stance bullish->bearish; score 60->35 (-25).
  • Risk Analyst: stance neutral->bearish; score 58->35 (-22).
  • Value Analyst abstained (was neutral at 43).

Comparing 2026-09-05 to 2026-09-06 (1 day apart).

Technical Analysis

RSI (14)
43.5
Neutral
MACD Histogram
-0.044
Bearish Momentum
Trend Direction
Downtrend
Weekly: Uptrend
Market Structure
Lh Ll
Support
$9.23
Resistance
$14.86
Bollinger %B
0.30
Inside Bands
Price vs Moving Averages
EMA 9
$9.92 Below
EMA 21
$10.33 Below
EMA 50
$11.47 Below
EMA 200
$12.69 Below

Fundamental Analysis

Valuation
33
Growth
35
Profitability
1
Financial Health
100
Cash Flow
15
Valuation
P/E Ratio -34.0×
P/B Ratio 11.29×
PEG Ratio 11.03
Dividend Yield 0.00%
52W High $24.23
52W Low $7.18
Quality & Growth
ROE -4240.6%
ROA -2806.0%
Gross Margin 2225.2%
Operating Margin -1705.0%
Revenue Growth YoY
Debt / Equity 0.05
AI Fundamental Assessment
P/E ratio of -34.0 (inexpensive relative to a 15-40x range); Price-to-book of 11.3x; PEG ratio of 11.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -42.4%; Return on assets of -28.1%; Net margin of -35.2%; Gross margin of 22.3%; Current ratio of 7.17 (healthy short-term liquidity); Debt-to-equity of 0.05; Free cash flow per share is negative (-0.41); Most recent quarter beat estimates by 17.0%; EPS growth decelerating (+77.8% -> +50.0% QoQ); Analyst estimates rising over recent quarters
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