Q1 Earnings Estimate for Amplitude Issued By DA Davidson

Amplitude, Inc. (NASDAQ:AMPL) – Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Amplitude in a report released on Thursday, February 20th. DA Davidson analyst C. Wright anticipates that the company will post earnings per share of ($0.20) for the quarter. DA Davidson currently has a “Buy” rating and a $16.00 target price on the stock. The consensus estimate for Amplitude’s current full-year earnings is ($0.62) per share. DA Davidson also issued estimates for Amplitude’s FY2025 earnings at ($0.68) EPS and FY2026 earnings at ($0.61) EPS.

Several other equities research analysts have also commented on the company. KeyCorp upgraded Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 target price on the stock in a research report on Friday, December 13th. Morgan Stanley upped their target price on shares of Amplitude from $11.00 to $13.00 and gave the stock an “equal weight” rating in a report on Thursday, February 20th. 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. Bank of America increased their price target on Amplitude from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Finally, Baird R W upgraded shares of Amplitude from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 20th. Four equities research 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. According to MarketBeat, Amplitude has an average rating of “Moderate Buy” and an average price target of $14.89.

Amplitude Stock Performance

NASDAQ:AMPL opened at $12.82 on Monday. Amplitude has a 52 week low of $7.37 and a 52 week high of $14.88. The firm’s fifty day moving average is $11.53 and its 200-day moving average is $10.17. The firm has a market cap of $1.21 billion, a P/E ratio of -16.65 and a beta of 1.37.

Amplitude (NASDAQ:AMPL) last posted its earnings results on Wednesday, February 19th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.27). The business had revenue of $78.13 million for the quarter, compared to analyst estimates of $76.68 million. Amplitude had a negative return on equity of 32.24% and a negative net margin of 31.52%.

Insider Activity at Amplitude

In other news, Director Eric Vishria sold 3,563 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $3,314,496. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.80% of the stock is owned by company insiders.

Institutional Trading of Amplitude

A number of large investors have recently modified their holdings of AMPL. Occudo Quantitative Strategies LP grew its stake in Amplitude by 2.1% in the 4th quarter. Occudo Quantitative Strategies LP now owns 41,365 shares of the company’s stock worth $436,000 after buying an additional 832 shares in the last quarter. Rhumbline Advisers boosted its position in Amplitude by 1.0% during the 4th quarter. Rhumbline Advisers now owns 101,954 shares of the company’s stock valued at $1,076,000 after buying an additional 1,040 shares during the period. Summit Investment Advisors Inc. boosted its position in Amplitude by 22.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 8,172 shares of the company’s stock valued at $86,000 after buying an additional 1,492 shares during the period. Legal & General Group Plc lifted its holdings in Amplitude by 2.6% in the 4th quarter. Legal & General Group Plc now owns 82,998 shares of the company’s stock worth $876,000 after buying an additional 2,111 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Amplitude by 13.5% in the 3rd quarter. Blue Trust Inc. now owns 19,518 shares of the company’s stock worth $174,000 after buying an additional 2,324 shares during the period. Institutional investors own 73.20% 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.