A Glimpse Into The Expert Outlook On Amplitude Through 4 Analysts

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In the latest quarter, 4 analysts provided ratings for Amplitude AMPL, showcasing a mix of bullish and bearish perspectives.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 0 2 2 0
Last 30D 0 0 0 1 0
1M Ago 0 0 0 1 0
2M Ago 0 0 0 0 0
3M Ago 0 0 2 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $10.75, with a high estimate of $13.00 and a low estimate of $9.00. Observing a downward trend, the current average is 10.42% lower than the prior average price target of $12.00.

Analyzing Analyst Ratings: A Detailed Breakdown

The analysis of recent analyst actions sheds light on the perception of Amplitude by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Elizabeth Porter Morgan Stanley Lowers Underweight $9.00 $10.00
Elizabeth Porter Morgan Stanley Lowers Underweight $10.00 $12.00
Tyler Radke Citigroup Lowers Neutral $13.00 $14.00
Clarke Jeffries Piper Sandler Maintains Neutral $11.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Amplitude. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Amplitude compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Amplitude's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

For valuable insights into Amplitude's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Amplitude analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Delving into Amplitude's Background

Amplitude Inc is a Software company that provides a Digital Analytics Platform that helps companies analyze their customer behavior within digital products. The Company delivers its application over the Internet as a subscription service using a software-as-a-service (SaaS) model and also it offers customer support related to initial implementation setup, ongoing support services, and application training. The company generates revenue primarily through selling subscriptions to the platform. The company derives a majority of its revenue from the United States.

Amplitude: Delving into Financials

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Over the 3 months period, Amplitude showcased positive performance, achieving a revenue growth rate of 9.42% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -25.97%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -6.33%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Amplitude's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -4.24%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Amplitude's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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