Amplitude (NASDAQ:AMPL) Announces Quarterly Earnings Results

Amplitude (NASDAQ:AMPL) posted its quarterly earnings data on Wednesday. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate 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 Stock Performance

Shares of NASDAQ AMPL traded down $0.26 during trading on Wednesday, reaching $11.85. The stock had a trading volume of 1,148,261 shares, compared to its average volume of 482,297. Amplitude has a one year low of $7.37 and a one year high of $14.30. The stock has a market cap of $1.12 billion, a PE ratio of -17.69 and a beta of 1.37. The firm’s 50 day moving average price is $11.39 and its two-hundred day moving average price is $9.98.

Analyst Upgrades and Downgrades

AMPL has been the topic of several analyst reports. Scotiabank lifted their price objective on Amplitude from $10.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, November 8th. KeyCorp upgraded Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price objective on the stock in a report on Friday, December 13th. Piper Sandler upgraded Amplitude from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $11.00 to $15.00 in a report on Monday, January 6th. Robert W. Baird boosted their price target on Amplitude from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, Morgan Stanley upgraded Amplitude from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $10.00 to $11.00 in a report on Monday, January 13th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Amplitude currently has an average rating of “Hold” and a consensus target price of $12.43.

Insider Activity at Amplitude

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 completion of the transaction, the director now owns 276,208 shares in the company, valued at $3,314,496. The trade was a 1.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.