New York, January 10, 2026, 18:18 ET — Market closed
- Amprius shares ended Friday roughly 2.6% higher at $9.48, then added around 2.1% in after-hours trading
- The rise capped two sessions of gains following the company’s announcement of a CES Innovation Award and fresh news on drone-related customers
- The company’s next earnings update date, which remains unannounced, is the upcoming catalyst
Amprius Technologies, Inc. pushed higher for a second day Friday, closing around 2.6% up at $9.48. Shares moved between $9.14 and $9.60 during regular hours on volume near 6.25 million. After-hours trading saw the stock climb roughly 2.1% more, hitting $9.68, per MarketWatch. 1
The rally follows the conclusion of the CES consumer electronics show for the week. On Jan. 6, Amprius announced it had earned an Innovation Award from the Consumer Technology Association, the organizer of CES 2026, for its 520 Wh/kg battery — a key metric showing how much energy a cell holds relative to its weight. 2
Why it matters now: For small battery makers, CES offers a rare chance to put product claims and customer logos under the spotlight. Investors are sifting through the marketing hype, looking for signs of real orders—especially in drones and electric aviation, where just a few extra minutes of flight time can make or break a product’s viability.
A leadership change took effect at the start of the year. In late December, the company announced that President Tom Stepien would step up as CEO on Jan. 1, while founder Kang Sun would retire from that role but remain on the board and act as an executive advisor. Stepien touted Amprius’ silicon anode technology as “setting new standards for performance” in the statement. Board chair Don Dixon added that Stepien is “well-positioned to drive Amprius’ continued success.” 3
A recent 8-K filing dated Dec. 18 provided fresh details on the leadership change and compensation. The company clarified that Sun’s exit “is not the result of any disagreement.” Stepien’s package includes a base salary of $633,000, a target annual cash bonus matching 100% of that salary, plus 200,000 restricted stock units that vest over time. 4
The drone sector has drawn attention. Nokia chose Amprius’ SiCore cells for its “drone-in-a-box” systems following rigorous qualification and testing, both firms confirmed in December. “Amprius’ batteries deliver performance gains that significantly boost our drone capabilities,” said Thomas Eder, Nokia’s head of embedded wireless solutions, at the time. 5
Amprius is still in its growth stage financially. Its latest quarterly filing, covering the period ending Sept. 30, revealed $73.2 million in cash and cash equivalents. Revenue hit $21.4 million for the third quarter, while the company posted a net loss of $3.9 million. The report also highlighted customer concentration risk: two clients made up roughly 64% of accounts receivable as of Sept. 30. 6
Traders are zeroing in on this week’s range: a high near $9.71 and a low around $8.83. As Monday’s open approaches, these levels stand out as key reference points. Pushing beyond either could trigger a swift move, attracting momentum players or forcing them out just as fast.
Still, risks linger. Amprius targets tough markets, where moving from pilot runs to steady volume is often rocky. Missed deliveries, drawn-out customer approvals, or tougher funding conditions might quickly turn the recent rally into fresh selling pressure.
Next on the calendar is earnings timing. Amprius hasn’t set a firm date yet, but Zacks’ schedule points to a report around March 19, with an expected loss near 4 cents per share. Whether that timing holds or not, investors will be watching closely for any details on orders, production capacity, and cash burn. 7
