Amplitude (NASDAQ:AMPL) Releases Earnings Results

Amplitude (NASDAQ:AMPL) released its earnings results on Wednesday. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.27), Zacks reports. Amplitude had a negative return on equity of 27.40% and a negative net margin of 27.44%. Amplitude updated its FY 2025 guidance to 0.050-0.100 EPS and its Q1 2025 guidance to -0.030–0.010 EPS.

Amplitude Trading Down 2.1 %

Shares of NASDAQ:AMPL opened at $11.85 on Thursday. Amplitude has a 52 week low of $7.37 and a 52 week high of $14.30. The company’s 50 day moving average is $11.40 and its two-hundred day moving average is $10.00. The company has a market cap of $1.12 billion, a PE ratio of -17.69 and a beta of 1.37.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Robert W. Baird upped their price objective on shares of Amplitude from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. KeyCorp raised shares of Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price objective for the company in a research note on Friday, December 13th. Scotiabank increased their price target on shares of Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, November 8th. Morgan Stanley upgraded shares of Amplitude from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $10.00 to $11.00 in a report on Monday, January 13th. Finally, DA Davidson upgraded shares of Amplitude to a “hold” rating in a report on Monday, February 10th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $12.43.

Insider Buying and Selling at Amplitude

In other Amplitude news, Director Eric Vishria sold 3,563 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $12.00, for a total transaction of $42,756.00. Following the transaction, the director now directly owns 276,208 shares of the company’s stock, valued at approximately $3,314,496. This trade represents a 1.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 4.80% of the company’s stock.

Amplitude Company Profile

Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.