Pre-earnings brief
Reports
Thu, Nov 5, 2026
Est. EPS
—
Est. revenue
—
Implied move
±17.9%
EPS beat rate
88%
Amprius Technologies, Inc. is a company in the industrial sector that focuses on electrical components and equipment, particularly in advanced battery technology. As the demand for efficient energy storage solutions grows, Amprius is positioned to play a crucial role in sectors like electric vehicles and renewable energy.
Last quarter
In the last quarter, Amprius reported an EPS of -$0.02, beating expectations by 20%. The stock reacted positively, increasing by 6.82% the following day.
EPS beat streak
1Q
EPS beat rate
88%
Avg EPS surprise
+20.39%
Avg 1-day reaction
+2.02%
Expectations are mixed as Amprius has shown a strong history of beating EPS estimates, but there is uncertainty regarding revenue growth.
Bull case
If Amprius continues its trend of beating EPS estimates, it could signal strong operational efficiency and market demand, leading to a positive stock reaction.
Bear case
Conversely, if the company fails to demonstrate significant revenue growth or shows a worsening cash burn rate, it could lead to negative investor sentiment.
The print will turn on these.
Q1
What is the projected revenue growth for the upcoming quarter?
Revenue growth will be a critical indicator of market demand and operational success, influencing investor confidence.
Q2
What is the current cash burn rate and how does it compare to previous quarters?
Understanding the cash burn rate is vital for assessing the company's financial sustainability and operational efficiency.
Est. EPS
$1.98
Est. Rev
$113.6B
Impl. Move
±4.0%
Why consensus could be wrong
The Street may be underestimating Amprius's potential for revenue growth due to its innovative battery technology, which could capture a larger market share than anticipated.
Supporting evidence
The company has consistently beaten EPS estimates, indicating stronger operational efficiency than expected.
Options pricing suggests a significant move, reflecting investor uncertainty that could be resolved positively.
The historical trend shows that Amprius has a high EPS beat rate, which could lead to positive momentum.
Key risk
If revenue growth exceeds expectations significantly, it could challenge the current cautious sentiment.
Pre-commit to what would confirm each case.
This quarter's performance hinges on balancing revenue growth with sustainable cash management.
Bull confirmed if
Demonstrating revenue growth of at least 15% quarter-over-quarter would confirm the bull case.
Bear confirmed if
A cash burn rate exceeding $5 million per quarter would confirm the bear case.
What the market is pricing for the move.
Implied Move
±17.91%
Historical Avg
±6.0%
The options market is pricing in a significant move, indicating that investors expect volatility around the earnings announcement.
Options are pricing ±17.9% while AMPX has averaged ±6.0% over the last 8 prints — setup is pricing rich.
ATM IV
0.8%
30d HV
41.7%
Smart-money positioning from the most recent 13F filings.
Institutional
69.69%
of float
Insider
1.18%
of float
Holders
347
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
11,335,092 sh · $105.8M
8.00%
22.9%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Amprius beats expectations, history suggests a stock increase of about 1.78%, confirming operational strength and market demand.
In line / cautious
If results are in line but cautious, the stock may see limited movement as investors await clearer guidance.
Miss
A miss could lead to a decline, with history suggesting an average drop of 3.69% in such scenarios.
The lines on the call that would change the story.
Vanguard Capital Management LLC
5,562,985 sh · $51.9M
3.93%
13.3%
Morgan Stanley
5,105,505 sh · $47.6M
3.60%
61.5%
Two Sigma Investments, LP
4,318,630 sh · $40.3M
3.05%
23.2%
UBS Group AG
4,072,269 sh · $38.0M
2.88%
76.2%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.