Amplitude (NASDAQ:AMPL) Issues Earnings Results

Amplitude (NASDAQ:AMPL) issued its quarterly earnings results on Wednesday. The company reported ($0.26) earnings per share (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 Price Performance

Amplitude stock traded down $0.26 during midday trading on Wednesday, hitting $11.85. 1,148,261 shares of the company were exchanged, compared to its average volume of 482,297. The company’s fifty day moving average price is $11.39 and its 200-day moving average price is $9.98. The company has a market cap of $1.12 billion, a PE ratio of -17.69 and a beta of 1.37. Amplitude has a fifty-two week low of $7.37 and a fifty-two week high of $14.30.

Insider Buying and Selling

In related news, Director Eric Vishria sold 3,563 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was 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. The trade was a 1.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 4.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMPL. DA Davidson raised Amplitude to a “hold” rating in a research note on Monday, February 10th. KeyCorp raised Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price objective on the stock in a research note on Friday, December 13th. Robert W. Baird lifted 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. Piper Sandler raised Amplitude from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $11.00 to $15.00 in a research note on Monday, January 6th. Finally, Scotiabank lifted their price objective on Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, November 8th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Amplitude currently has an average rating of “Hold” and an average price target of $12.43.

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.