10 Best Electric Vehicle Supply Chain Stocks to Invest In

8. Amprius Technologies, Inc. (NYSE:AMPX)

On May 11, 2026, Northland raised the firm’s price target on Amprius Technologies, Inc. (NYSE:AMPX) to $24 from $20 while maintaining an Outperform rating on the shares after the company reported strong Q1 results and increased FY26 guidance. The firm said it believes Amprius is approaching a growth inflection point and sees a clearer path toward profitability.

Roth Capital also raised the firm’s price target on Amprius Technologies, Inc. (NYSE:AMPX) to $22 from $20 and maintained a Buy rating on the shares. The firm cited the company’s record Q1 revenue and negotiated redemption of legacy warrants, adding that it would be a buyer on weakness.

On May 6, 2026, Amprius Technologies, Inc. (NYSE:AMPX) reported Q1 EPS of (4c), versus the consensus estimate of (2c). Revenue totaled $28.5M, versus the consensus estimate of $25.7M. CEO Tom Stepien said the company entered 2026 with momentum, with Q1 revenue increasing 13% sequentially as a result of deeper relationships with existing drone customers and continued expansion into new end markets. Stepien also pointed to a recently announced $21M purchase order from a light electric vehicle customer as evidence of growing commercial adoption of the company’s silicon anode battery technology. The company said the combination of operational execution, repeat business, and new program wins supports its outlook for continued growth.

Amprius Technologies, Inc. (NYSE:AMPX) raised its FY26 revenue outlook to at least $130M from at least $125M. Consensus estimate stands at $126.1M.

Amprius Technologies, Inc. (NYSE:AMPX) develops, manufactures, and markets lithium-ion batteries for mobility applications.