Amplitude (NASDAQ:AMPL – Get Free Report) issued its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01, Briefing.com reports. Amplitude had a negative return on equity of 35.45% and a negative net margin of 31.36%.The firm had revenue of $88.56 million for the quarter, compared to analyst estimates of $86.29 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. Amplitude’s revenue for the quarter was up 17.8% on a year-over-year basis. Amplitude updated its FY 2025 guidance to 0.060-0.08 EPS and its Q4 2025 guidance to 0.040-0.05 EPS.
Amplitude Stock Performance
Shares of AMPL stock traded up $0.10 on Friday, reaching $10.01. 1,741,126 shares of the company were exchanged, compared to its average volume of 1,302,506. Amplitude has a 1 year low of $7.55 and a 1 year high of $14.88. The business has a 50-day moving average price of $10.63 and a 200 day moving average price of $11.32. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -12.51 and a beta of 1.51.
Insider Transactions at Amplitude
In related news, Director Erica Schultz sold 10,000 shares of Amplitude stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $10.12, for a total value of $101,200.00. Following the sale, the director directly owned 107,406 shares in the company, valued at approximately $1,086,948.72. The trade was a 8.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 27,500 shares of company stock valued at $297,750. Insiders own 23.83% of the company’s stock.
Institutional Investors Weigh In On Amplitude
Analyst Ratings Changes
Several research firms have recently commented on AMPL. Robert W. Baird dropped their price objective on shares of Amplitude from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Thursday. UBS Group raised shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a report on Friday, October 31st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amplitude in a research note on Wednesday, October 8th. DA Davidson restated a “buy” rating and issued a $16.00 target price on shares of Amplitude in a research note on Monday, September 29th. Finally, Wall Street Zen lowered Amplitude from a “buy” rating to a “hold” rating in a report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Amplitude presently has an average rating of “Moderate Buy” and a consensus price target of $14.40.
Check Out Our Latest Research Report on Amplitude
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.
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