5 Most Promising EV Battery Stocks According to Analysts

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

Stock Price: $3.74

Average Analyst Price Target: $12.25

Average Analyst Price Target Upside: 227.54%

Amprius Technologies, Inc. (NYSE:AMPX) is a California-based company that develops and manufactures energy and power lithium-ion batteries.

In the third quarter, Amprius Technologies, Inc. (NYSE:AMPX) posted its third-quarter earnings result with a GAAP EPS of -$0.10 and revenue of $2.8 million which jumped 250.0% year-over-year (YoY).

On November 6, Amprius Technologies, Inc. (NYSE:AMPX) announced that it got purchase orders of custom cells from the company’s 450 Wh/kg ultra-high-energy density platform

from three leading electric aviation manufacturers.

In the third quarter, according to Insider Monkey’s database, 4 hedge funds had investments in Amprius Technologies, Inc. (NYSE:AMPX)’s stock at a total stake value of $799,661.

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