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Amprius Technologies posts 126% revenue growth in Q2, raises 2026 outlook but keeps Hold rating.

Company Fundamentals
07 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Amprius Technologies reported a 126% increase in revenue to $34 million in Q2 and improved its gross margin to 27%. The company raised its 2026 revenue forecast for the second time this year, supported by new commercial wins including a $24 million drone order and a multi-year deal with Stark Future. Despite a more reasonable valuation at 11 times 2026 revenue, challenges remain in achieving sustainable profitability and cash flow conversion. The analyst maintains a Hold rating at $11, awaiting proof of margin expansion and improved cash flow before considering a Buy.

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