FY2025 Earnings Estimate for Amplitude Issued By DA Davidson

Amplitude, Inc. (NASDAQ:AMPL - Free Report) - Research analysts at DA Davidson increased their FY2025 EPS estimates for Amplitude in a report issued on Monday, November 11th. DA Davidson analyst G. Luria now anticipates that the company will earn ($0.57) per share 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.

A number of other analysts have also recently weighed in on the stock. UBS Group decreased their target price on shares of Amplitude from $11.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, August 9th. Piper Sandler increased their target price on Amplitude from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Scotiabank lifted their price target on Amplitude from $10.00 to $12.00 and gave the company a "sector perform" rating in a research note on Friday, November 8th. Finally, Robert W. Baird upped their price objective on Amplitude from $10.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $11.00.

Amplitude Trading Up 2.2 %

Shares of Amplitude stock opened at $10.48 on Thursday. The firm's 50 day moving average is $9.03 and its 200 day moving average is $8.84. The firm has a market capitalization of $991.30 million, a PE ratio of -15.30 and a beta of 1.31. Amplitude has a 1 year low of $7.37 and a 1 year high of $14.42.

Institutional Investors Weigh In On Amplitude

Hedge funds and other institutional investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Amplitude by 19.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,146 shares of the company's stock valued at $199,000 after acquiring an additional 3,552 shares in the last quarter. Quantbot Technologies LP lifted its holdings in shares of Amplitude by 21.5% in the third quarter. Quantbot Technologies LP now owns 24,390 shares of the company's stock valued at $219,000 after purchasing an additional 4,309 shares in the last quarter. FMR LLC grew its holdings in Amplitude by 0.8% during the third quarter. FMR LLC now owns 8,056,003 shares of the company's stock worth $72,262,000 after buying an additional 64,574 shares in the last quarter. Algert Global LLC bought a new stake in Amplitude in the 3rd quarter worth about $708,000. Finally, Cerity Partners LLC grew its stake in Amplitude by 524.9% in the 3rd quarter. Cerity Partners LLC now owns 460,624 shares of the company's stock valued at $4,132,000 after purchasing an additional 386,915 shares during the period. 73.20% of the stock is owned by institutional investors.

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.

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