Northland Retains an Outperform Rating on Amprius Technologies, Inc. (AMPX)

Amprius Technologies, Inc. (NYSE:AMPX) is among the 7 Best EV Battery Stocks to Buy Now.

Northland Retains an Outperform Rating on Amprius Technologies, Inc. (AMPX)

On January 8, 2026, TheFly reported that Northland selected Amprius Technologies, Inc. (NYSE:AMPX) as a 2026 Top Pick. It also retained an Outperform rating and a $20 price target on the stock. According to the firm, Amprius has the potential to profit from the secular expansion of drones, and management is setting up the business to gain a significant portion of the market.

Amprius Technologies, Inc. (NYSE:AMPX) was also given an Innovation Award by the Consumer Technology Association during CES 2026, which took place in Las Vegas from January 6-9. Its next-generation lithium-ion batteries built on its Silicon Anode Platform were honored with this award. The company’s CES booth showcased practical uses for its batteries, such as a Nokia drone.

The corporation generated a record $21.4 million in revenue during the last quarter, representing a 173% growth from the same period last year and a 42% increase from the previous quarter. Furthermore, it supplied batteries to 159 consumers, elevating the total number of clients to 444.

Amprius Technologies, Inc. (NYSE:AMPX) produces silicon anodes for lithium-ion batteries with high energy density.

While we acknowledge the risk and potential of AMPX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMPX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.