AMPX stock price action today reflects cautious optimism, with intraday highs testing $3. In light of its strong share price run, we think now is a good time to investigate how risky Amprius Technologies' cash burn is. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. Let's start with an examination of the business' cash, relative to its cash burn. Analysts' trends are far more bullish for this stock. They include increasing coverage, a unanimous Buy rating from nine analysts , and a rising consensus price target that forecasts a 45% upside. The revision trend is also critical, as it is bullish and leading to the $18 range, more than 100% of upside from mid-September trading levels. AMPX stock price volatility has dipped compared to last month, suggesting reduced speculative trading and a more stable investor base in the near term.
