Amplitude (NASDAQ:AMPL) Updates FY 2025 Earnings Guidance

Amplitude (NASDAQ:AMPL) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.050-0.100 for the period, compared to the consensus earnings per share 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 Price Performance

AMPL traded down $0.26 during midday trading on Wednesday, reaching $11.85. 1,148,261 shares of the company’s stock were exchanged, compared to its average volume of 482,297. The stock has a market capitalization of $1.12 billion, a PE ratio of -17.69 and a beta of 1.37. The business’s 50-day moving average price is $11.39 and its 200 day moving average price is $9.98. Amplitude has a 1-year low of $7.37 and a 1-year high of $14.30.

Amplitude (NASDAQ:AMPL) last announced 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). Amplitude had a negative return on equity of 27.40% and a negative net margin of 27.44%. As a group, analysts expect that Amplitude will post -0.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMPL has been the topic of several recent analyst reports. DA Davidson raised shares of Amplitude to a “hold” rating in a research note on Monday, February 10th. KeyCorp raised shares of Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price objective on the stock in a research note on Friday, December 13th. Piper Sandler raised shares of Amplitude from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $11.00 to $15.00 in a research note on Monday, January 6th. Robert W. Baird upped their price objective on shares of Amplitude from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Finally, Morgan Stanley raised shares of Amplitude from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $10.00 to $11.00 in a research note on Monday, January 13th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.43.

Insider Transactions at Amplitude

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