AmpliTech (AMPG) Surges 11.11% on Russell Index Inclusion and 5G ORAN Momentum

AmpliTech Group (AMPG) surged 11.11% on Thursday, marking a two-day rally of 24.18% and pushing the stock to its highest level since August 2025. Intraday gains reached 14.04%, reflecting renewed investor confidence in the company’s strategic initiatives and market positioning.

The momentum follows AmpliTech’s inclusion in four Russell indexes on July 16, 2025, enhancing its visibility among institutional investors and passive funds. This milestone, coupled with preliminary Q2 revenue of $11 million—driven by 75% contributions from its 5G ORAN division—underscores the company’s pivot toward next-generation wireless infrastructure. Growing demand for scalable 5G solutions, particularly in private and public networks, has amplified its revenue potential.

Regulatory tailwinds further bolster the stock’s trajectory. The newly enacted Federal “One Big Beautiful Bill” (OBBB) aims to accelerate private 5G and ORAN deployment, aligning with AmpliTech’s product roadmap. The company also secured FCC certification for its 5G ORAN radios, enabling market access in the U.S. and Europe. These certifications, alongside REACH/RoHS compliance, position AmpliTech to secure contracts in regulated markets.

Strategic partnerships and operational strength reinforce its growth narrative. A $2.9 million follow-on order from a Tier 1 mobile network operator and a reseller agreement with Castellum Inc. expand AmpliTech’s customer base and distribution channels. Meanwhile, a record $19.8 million backlog, expected to be fulfilled by year-end, signals robust demand. Insider purchases, including a significant buy by a top executive, further highlight management’s confidence.

Analysts remain optimistic, with a “Buy” rating and a $5.00 price target reflecting expectations of sustained growth in 5G and ORAN. The stock’s low short interest and improving sentiment, evidenced by a decline in short positions, suggest limited downside risk. As AmpliTech capitalizes on policy-driven demand and technological innovation, its focus on quantum computing and AI infrastructure—via cryogenic low-noise amplifiers—positions it at the forefront of high-growth sectors.