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

Amplitude (NASDAQ:AMPL) announced its quarterly earnings data 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 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 Price Performance

AMPL opened at $11.85 on Thursday. The stock has a market capitalization of $1.12 billion, a PE ratio of -17.69 and a beta of 1.37. The firm’s fifty day moving average price is $11.40 and its 200 day moving average price is $10.00. Amplitude has a 12-month low of $7.37 and a 12-month high of $14.30.

Insider Buying and Selling at Amplitude

In related news, Director Eric Vishria sold 3,563 shares of the stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $12.00, for a total value 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. This represents a 1.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 4.80% of the stock is owned by insiders.

Analysts Set New Price Targets

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 lifted their price target for the stock from $10.00 to $11.00 in a report on Monday, January 13th. Scotiabank lifted their price target on shares of Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, November 8th. Robert W. Baird lifted their price target on shares of Amplitude from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. DA Davidson raised shares of Amplitude to a “hold” rating in a research report on Monday, February 10th. Finally, Piper Sandler raised shares of Amplitude from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $11.00 to $15.00 in a research report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price 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.