Amplitude (NASDAQ:AMPL) Issues FY 2025 Earnings Guidance

Amplitude (NASDAQ:AMPL) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.050-0.100 for the period, compared to the consensus EPS estimate of 0.100. The company issued revenue guidance of $324.8 million-$330.8 million, compared to the consensus revenue estimate of $320.5 million. Amplitude also updated its Q1 2025 guidance to -0.030–0.010 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Bank of America raised their price target on shares of Amplitude from $14.00 to $16.00 and gave the company a “buy” rating in a report on Thursday. Piper Sandler raised their price target on shares of Amplitude from $15.00 to $17.00 and gave the company an “overweight” rating in a report on Thursday. UBS Group raised their price target on shares of Amplitude from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday. DA Davidson upgraded shares of Amplitude from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $12.50 to $16.00 in a report on Thursday. Finally, KeyCorp upgraded 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. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Amplitude currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.67.

Amplitude Stock Down 5.9 %

NASDAQ AMPL traded down $0.85 during midday trading on Friday, hitting $13.59. The company had a trading volume of 933,608 shares, compared to its average volume of 601,757. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of -17.65 and a beta of 1.37. The firm has a fifty day simple moving average of $11.46 and a two-hundred day simple moving average of $10.03. Amplitude has a fifty-two week low of $7.37 and a fifty-two week high of $14.88.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.27). The company had revenue of $78.13 million during the quarter, compared to analyst estimates of $76.68 million. Amplitude had a negative return on equity of 32.45% and a negative net margin of 31.52%. As a group, equities analysts predict that Amplitude will post -0.61 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Eric Vishria sold 3,563 shares of Amplitude 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 sale, the director now directly owns 276,208 shares in the company, valued at approximately $3,314,496. The trade was a 1.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 4.80% 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.