2 weeks Ago By ABMN Staff
Amplitude, Inc. ( NASDAQ:AMPL – Free Report ) – Equities researchers at DA Davidson dropped their FY2026 EPS estimates for shares of Amplitude in a note issued to investors on Tuesday, April 15th. DA Davidson analyst C.
Wright now forecasts that the company will earn ($0.62) per share for the year, down from their prior forecast of ($0.60).
DA Davidson currently has a “Buy” rating and a $12.00 target price on the stock. The consensus estimate for Amplitude’s current full-year earnings is ($0.
62) per share. A number of other equities research analysts have also recently commented on AMPL. Needham & Company LLC restated a “buy” rating and set a $16.
00 target price on shares of Amplitude in a research note on Tuesday, March 11th. Citigroup raised their price target on Amplitude from $11.00 to $15.
00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. UBS Group increased their target price on Amplitude from $10.00 to $13.
00 and gave the stock a “neutral” rating in a research note on Thursday, February 20th. Bank of America lifted their target price on Amplitude from $14.00 to $16.
00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Finally, Piper Sandler raised their price objective on Amplitude from $15.00 to $17.
00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $14.40. Amplitude Trading Down 1.
4 % Shares of AMPL opened at $8.18 on Thursday. Amplitude has a 1-year low of $7.
37 and a 1-year high of $14.88. The firm has a fifty day simple moving average of $11.
18 and a two-hundred day simple moving average of $10.69. The firm has a market cap of $1.
06 billion, a PE ratio of -10.62 and a beta of 1.40.
Amplitude ( NASDAQ:AMPL – Get Free Report ) last issued 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). Amplitude had a negative net margin of 31.
52% and a negative return on equity of 32.24%. The business had revenue of $78.
13 million for the quarter, compared to analysts’ expectations of $76.68 million. Insider Activity 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 stock was sold at an average price of $12.00, for a total transaction of $42,756.00.
Following the completion of the sale, the director now directly owns 276,208 shares of the company’s stock, valued at $3,314,496. This represents a 1.27 % decrease in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . 4.80% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows Hedge funds have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc.
increased its position in Amplitude by 9.4% during the 4th quarter. T.
Rowe Price Investment Management Inc. now owns 8,996,229 shares of the company’s stock worth $94,911,000 after purchasing an additional 770,227 shares in the last quarter. Sunriver Management LLC raised its stake in shares of Amplitude by 24.
3% in the 4th quarter. Sunriver Management LLC now owns 3,772,808 shares of the company’s stock valued at $39,803,000 after acquiring an additional 737,600 shares during the period. Vanguard Group Inc.
boosted its position in shares of Amplitude by 5.1% in the fourth quarter. Vanguard Group Inc.
now owns 9,189,698 shares of the company’s stock worth $96,951,000 after buying an additional 447,277 shares during the period. Point72 Asset Management L.P.
acquired a new position in Amplitude in the 4th quarter worth $4,320,000. Finally, Monimus Capital Management LP acquired a new stake in shares of Amplitude during the fourth quarter worth approximately $3,630,000. 73.
20% of the stock is owned by hedge funds and other institutional investors. About Amplitude ( Get Free Report ) 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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