Amplitude (NASDAQ:AMPL) Updates FY 2025 Earnings Guidance

Amplitude (NASDAQ:AMPL) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.050-0.100 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $324.8 million-$330.8 million, compared to the consensus revenue estimate of $320.5 million. Amplitude also updated its Q1 2025 guidance to -0.030–0.010 EPS.

Amplitude Stock Up 17.1 %

NASDAQ AMPL traded up $2.03 during trading on Thursday, hitting $13.88. The stock had a trading volume of 1,732,886 shares, compared to its average volume of 519,897. The firm has a 50 day moving average price of $11.40 and a 200 day moving average price of $10.00. Amplitude has a twelve month low of $7.37 and a twelve month high of $14.88. The company has a market capitalization of $1.31 billion, a PE ratio of -20.60 and a beta of 1.37.

Amplitude (NASDAQ:AMPL) last released its earnings results on Wednesday, February 19th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 27.40% and a negative net margin of 27.44%. On average, sell-side analysts anticipate that Amplitude will post -0.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on AMPL shares. 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. UBS Group lifted their price target on shares of Amplitude from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday. Robert W. Baird raised shares of Amplitude from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $12.00 to $17.00 in a research report on Thursday. Piper Sandler lifted their price objective on shares of Amplitude from $15.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Morgan Stanley raised their price target on Amplitude from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $14.67.

Insider Transactions at Amplitude

In other news, Director Eric Vishria sold 6,437 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $12.02, for a total transaction of $77,372.74. Following the completion of the sale, the director now owns 279,771 shares in the company, valued at $3,362,847.42. This represents a 2.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 4.80% of the company’s stock.

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.