Amplitude (AMPL) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amplitude in the last twelve months. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AMPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMPL, but not buy additional shares or sell existing shares.
View AMPL analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued twelve-month price targets for Amplitude's stock. Their AMPL share price forecasts range from $9.00 to $25.00. On average, they anticipate the company's share price to reach $16.33 in the next year. This suggests a possible upside of 65.8% from the stock's current price.
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Amplitude's stock was trading at $12.08 at the beginning of 2023. Since then, AMPL stock has decreased by 18.5% and is now trading at $9.85.
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Amplitude saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,900,000 shares, a decrease of 12.1% from the April 30th total of 3,300,000 shares. Based on an average daily volume of 677,100 shares, the short-interest ratio is currently 4.3 days. Approximately 5.6% of the company's stock are sold short.
View Amplitude's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our AMPL earnings forecast.

ETFs with the largest weight of Amplitude (NASDAQ:AMPL) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), SPDR FactSet Innovative Technology ETF (XITK).SPDR S&P Software & Services ETF (XSW),

Amplitude updated its FY23 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $0.02-$0.04 for the period, compared to the consensus estimate of ($0.12). The company issued revenue guidance of $266-$269 million, compared to the consensus revenue estimate of $286.25 million.

(AMPL) raised $1.2 billion in an initial public offering (IPO) on Tuesday, September 28th 2021. The company issued 35,398,389 shares at $35.00 per share.

Amplitude trades on the NASDAQ under the ticker symbol "AMPL."

Amplitude's stock is owned by a variety of institutional and retail investors. Top institutional investors include Battery Management CORP. (7.51%), BlackRock Inc. (3.33%), State Street Corp (1.13%), Geode Capital Management LLC (0.93%), Bank of New York Mellon Corp (0.71%) and Price T Rowe Associates Inc. MD (0.38%). Insiders that own company stock include An-Yen Hu, Battery Management Corp, Catherine Wong, Dennis B Phelps, Hoang Vuong, J William Gurley, Jesse Feldman, Matthew Heinz, Morad Elhafed, Ninos Sarkis, Patrick W Grady, Peter H Fenton, Scott R Tobin, Steven M Spurlock, Thomas Neergaard Hansen, Todd C Chaffee and Us (Ttgp) Ltd Sc.
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Shares of AMPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AMPL stock can currently be purchased for approximately $9.85.

Amplitude (NASDAQ:AMPL) has a market capitalization of $1.14 billion and generates $238.07 million in revenue each year. The company earns $-93,380,000.00 in net income (profit) each year or ($0.86) on an earnings per share basis.

The company employs 612 workers across the globe.

The official website for the company is www.amplitude.com. The company can be reached via phone at 415-231-2353 or via email at ir@amplitude.com.