Amplitude (NASDAQ:AMPL) Issues Quarterly Earnings Results, Misses Expectations By $0.27 EPS

Amplitude (NASDAQ:AMPL) released its earnings results on Wednesday. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.27), Zacks reports. Amplitude had a negative net margin of 31.52% and a negative return on equity of 32.45%. The business had revenue of $78.13 million for the quarter, compared to analyst estimates of $76.68 million. Amplitude updated its FY 2025 guidance to 0.050-0.100 EPS and its Q1 2025 guidance to -0.030–0.010 EPS.

Amplitude Trading Up 21.9 %

Amplitude stock opened at $14.44 on Friday. The firm’s 50 day moving average price is $11.46 and its two-hundred day moving average price is $10.03. Amplitude has a twelve month low of $7.37 and a twelve month high of $14.88.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Scotiabank increased their target price on shares of Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, November 8th. Morgan Stanley increased their target price on shares of Amplitude from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Thursday. Robert W. Baird upgraded shares of Amplitude from a “neutral” rating to an “outperform” rating and upped their price target for the company from $12.00 to $17.00 in a research report on Thursday. DA Davidson upgraded shares of Amplitude from a “neutral” rating to a “buy” rating and upped their price target for the company from $12.50 to $16.00 in a research report on Thursday. Finally, KeyCorp upgraded shares of Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price target for the company in a research report on Friday, December 13th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $14.67.

Insider Buying and Selling at Amplitude

In other Amplitude news, Director Eric Vishria sold 3,563 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $12.00, for a total value of $42,756.00. Following the transaction, the director now 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 filing with the Securities & Exchange Commission, which is available 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.