FY2025 Earnings Forecast for Amplitude Issued By DA Davidson

Amplitude, Inc. (NASDAQ:AMPL) – Analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of Amplitude in a research note issued to investors on Monday, November 11th. DA Davidson analyst G. Luria now expects that the company will earn ($0.57) per share for the year, up from their previous forecast of ($0.58). The consensus estimate for Amplitude’s current full-year earnings is ($0.66) per share.

Several other analysts have also recently commented on the stock. UBS Group decreased their price target 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. Robert W. Baird increased 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. Piper Sandler lifted their price objective on Amplitude from $9.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, Scotiabank increased their target price on Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.00.

Amplitude Stock Performance

AMPL stock opened at $10.07 on Thursday. The company has a market capitalization of $952.52 million, a PE ratio of -15.03 and a beta of 1.31. The company’s fifty day moving average price is $9.05 and its 200-day moving average price is $8.85. Amplitude has a one year low of $7.37 and a one year high of $14.42.

Institutional Investors Weigh In On Amplitude

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Amplitude by 9.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,984 shares of the company’s stock worth $141,000 after purchasing an additional 1,099 shares during the period. ProShare Advisors LLC boosted its position in shares of Amplitude by 10.2% during the first quarter. ProShare Advisors LLC now owns 12,356 shares of the company’s stock valued at $134,000 after buying an additional 1,145 shares during the period. Blue Trust Inc. grew its stake in shares of Amplitude by 13.5% during the third quarter. Blue Trust Inc. now owns 19,518 shares of the company’s stock valued at $174,000 after buying an additional 2,324 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Amplitude by 14.4% in the second quarter. Arizona State Retirement System now owns 21,037 shares of the company’s stock worth $187,000 after buying an additional 2,642 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of Amplitude during the 1st quarter worth approximately $32,000. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Insider Transactions at Amplitude

In related news, Director Eric Vishria sold 25,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $10.18, for a total value 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 trade represents a 8.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company 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.