By Amira McKee
Shares of Amprius Technologies jumped after the company logged a narrower-than-expected fourth-quarter loss and issued a 2026 forecast that exceeded Wall Street's expectations.
The stock climbed 16% to $14.56 on Thursday. The shares have grown seven-fold in the past year.
The maker of lithium-ion batteries recorded a net loss of $24.4 million, or 18 cents a share, compared with a loss of $11.4 million, or 10 cents a share, a year earlier.
Adjusted earnings came in at a loss of 1 cent a share, outperforming the loss of 4 cents a share that analysts polled by FactSet were expecting.
Revenue more than doubled to $25.2 million, topping Wall Street's forecast of $22.9 million, according to FactSet.
In 2026, Amprius anticipates logging a net loss under $8 million on revenue of at least $125 million. Analysts polled by FactSet are modeling a full-year adjusted loss of $13.3 million on revenue of $124.4 million.
"Looking ahead to 2026, we plan to leverage our enhanced supply chain to scale production and meet accelerating market demand, supporting continued accretive growth," Chief Executive Tom Stepien said.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
March 05, 2026 15:34 ET (20:34 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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