• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Is Leadership Transition And Korean Capacity Expansion Altering The Investment Case For Amprius Technologies (AMPX)?

    Simply Wall St·12/25/2025 21:24:36
    Listen to the news
    • Amprius Technologies recently announced that President Tom Stepien will succeed founder Dr. Kang Sun as CEO on 1 January 2026, while the company also expanded its Korea Battery Alliance to more than 2 GWh of contract manufacturing capacity across allied nations.
    • The leadership handover, combined with broader access to South Korea’s advanced battery ecosystem, highlights Amprius’ effort to pair technology leadership with a more globally resilient production footprint.
    • Next, we’ll examine how Stepien’s appointment and the expanded Korean contract manufacturing network could reshape Amprius’ longer-term investment narrative.

    AI is about to change healthcare. These 29 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

    Amprius Technologies Investment Narrative Recap

    To own Amprius, you need to believe its silicon anode technology can scale from niche aviation and drone customers to broader, profitable volume production. The CEO transition to Tom Stepien and the Korea Battery Alliance expansion reinforce execution capacity, but do not fundamentally change the near term focus: converting contract manufacturing access into reliable output while managing the risk that production scale up, cost control, and capital needs could lag expectations.

    Among the recent developments, the expansion of the Amprius Korea Battery Alliance to more than 2 GWh of contract manufacturing capacity stands out as most connected to this leadership change. As Stepien moves from President to CEO, his background in energy storage and industrial technology could be particularly relevant to coordinating this expanded Korean network with Amprius’ core catalysts around scaling SiCore production and reducing reliance on a concentrated aviation and drone revenue base.

    But investors also need to be aware that heavy reliance on contract manufacturers in China and South Korea could leave Amprius exposed to...

    Read the full narrative on Amprius Technologies (it's free!)

    Amprius Technologies' narrative projects $306.6 million revenue and $13.4 million earnings by 2028. This requires 89.8% yearly revenue growth and a $52.1 million earnings increase from -$38.7 million today.

    Uncover how Amprius Technologies' forecasts yield a $17.17 fair value, a 101% upside to its current price.

    Exploring Other Perspectives

    AMPX 1-Year Stock Price Chart
    AMPX 1-Year Stock Price Chart

    Twelve members of the Simply Wall St Community currently see fair value for Amprius between US$10 and about US$48 per share, with several estimates clustered at the upper end. Against that wide range, the company’s dependence on contract manufacturing partnerships in allied and non allied countries raises important questions about supply resilience and margin stability that could materially influence how those projections play out over time.

    Explore 12 other fair value estimates on Amprius Technologies - why the stock might be worth over 5x more than the current price!

    Build Your Own Amprius Technologies Narrative

    Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

    Curious About Other Options?

    Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters:

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.