Amplitude (NASDAQ:AMPL) Posts Earnings Results, Misses Estimates By $0.27 EPS

Amplitude (NASDAQ:AMPL) announced its quarterly earnings data 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 net margin of 27.44% and a negative return on equity of 27.40%. Amplitude updated its FY 2025 guidance to 0.050-0.100 EPS and its Q1 2025 guidance to -0.030–0.010 EPS.

Amplitude Stock Down 2.1 %

NASDAQ:AMPL traded down $0.26 during mid-day trading on Wednesday, reaching $11.85. 1,151,644 shares of the company were exchanged, compared to its average volume of 483,114. Amplitude has a 12 month low of $7.37 and a 12 month high of $14.30. The company has a fifty day moving average of $11.39 and a 200 day moving average of $9.98. The stock has a market cap of $1.12 billion, a PE ratio of -17.69 and a beta of 1.37.

Insiders Place Their Bets

In other Amplitude news, Director Eric Vishria sold 3,563 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were 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 in the company, valued at approximately $3,314,496. This represents a 1.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 4.80% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.