Amplitude, Inc. (NASDAQ:AMPL – Free Report) – DA Davidson boosted their FY2025 earnings per share estimates for shares of Amplitude in a note issued to investors on Monday, November 11th. DA Davidson analyst G. Luria now anticipates that the company will post earnings of ($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 research firms have also commented on AMPL. Piper Sandler raised their price target on Amplitude from $9.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. 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 report on Friday, August 9th. Scotiabank raised their price target on shares of Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a report on Friday, November 8th. Finally, Robert W. Baird upped their price target on shares of Amplitude from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $11.00.
Amplitude Trading Up 2.2 %
Shares of AMPL 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. Amplitude has a 12 month low of $7.37 and a 12 month high of $14.42. The stock has a market capitalization of $991.30 million, a P/E ratio of -15.30 and a beta of 1.31.
Institutional Trading of Amplitude
Several hedge funds and other institutional investors have recently bought and sold shares of AMPL. Headlands Technologies LLC bought a new stake in shares of Amplitude in the 1st quarter worth approximately $32,000. Quest Partners LLC purchased a new stake in Amplitude during the second quarter valued at about $41,000. Russell Investments Group Ltd. bought a new position in shares of Amplitude during the first quarter valued at about $45,000. Principal Financial Group Inc. purchased a new position in shares of Amplitude in the second quarter worth about $92,000. Finally, MQS Management LLC bought a new stake in shares of Amplitude in the 1st quarter valued at about $120,000. Hedge funds and other institutional investors own 73.20% 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.
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