FY2025 EPS Estimates for Amplitude Increased by DA Davidson

Amplitude, Inc. (NASDAQ:AMPL - Free Report) - Stock analysts at DA Davidson upped their FY2025 EPS estimates for shares of Amplitude in a report issued on Monday, November 11th. DA Davidson analyst G. Luria now forecasts that the company will post earnings per share of ($0.57) for the year, up from their prior estimate of ($0.58). The consensus estimate for Amplitude's current full-year earnings is ($0.66) per share.

AMPL has been the subject of several other reports. Robert W. Baird boosted their price target on Amplitude from $10.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Scotiabank upped 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. UBS Group dropped their price objective on shares of Amplitude from $11.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, August 9th. Finally, Piper Sandler increased their target price on shares of Amplitude from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $11.00.

Amplitude Price Performance

Amplitude stock traded down $0.18 during trading hours on Thursday, hitting $10.07. The company had a trading volume of 351,650 shares, compared to its average volume of 518,503. Amplitude has a one year low of $7.37 and a one year high of $14.42. The firm has a market cap of $952.52 million, a PE ratio of -15.64 and a beta of 1.31. The firm has a 50-day moving average of $9.03 and a 200 day moving average of $8.84.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AMPL. Headlands Technologies LLC acquired a new stake in shares of Amplitude in the 1st quarter valued at approximately $32,000. Russell Investments Group Ltd. acquired a new stake in Amplitude in the first quarter valued at approximately $45,000. Quest Partners LLC bought a new stake in shares of Amplitude during the second quarter worth $41,000. Principal Financial Group Inc. acquired a new position in shares of Amplitude during the second quarter worth $92,000. Finally, MQS Management LLC bought a new position in shares of Amplitude in the 1st quarter valued at $120,000. Institutional investors own 73.20% of the company's stock.

Insider Activity

In related news, Director Eric Vishria sold 25,000 shares of the company's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $10.18, for a total transaction of $254,500.00. Following the completion of the sale, the director now directly owns 286,208 shares in the company, valued at $2,913,597.44. This represents a 8.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 4.80% of the company's stock.

About Amplitude

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.