Deep Dive Into Amprius Technologies Stock: Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
Amprius Technologies (NYSE:AMPX) has received mixed analyst ratings over the past three months, with 2 bullish and 2 somewhat bullish ratings. Analysts have lowered their 12-month price targets, with the current average target at $8.5, down from $11.25. The company's financial health shows strong revenue growth but challenges in profitability and asset utilization.
August 13, 2024 | 6:01 pm
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Amprius Technologies has received mixed analyst ratings with a notable decrease in the average 12-month price target from $11.25 to $8.5. Analysts have adjusted their ratings and price targets in response to the company's recent performance and market dynamics.
The mixed analyst ratings and significant drop in the average price target indicate a cautious outlook on Amprius Technologies. While the company has shown strong revenue growth, its profitability and asset utilization challenges have led analysts to lower their price targets. This mixed sentiment is likely to result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100