Amplitude Inc (NASDAQ:AMPL) price on Friday, April 11, fall -2.66% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.77.
A look at the stock’s price movement, the close in the last trading session was $9.01, moving within a range at $8.515 and $9.01. The beta value (5-Year monthly) was 1.403. Turning to its 52-week performance, $14.88 and $7.37 were the 52-week high and 52-week low respectively. Overall, AMPL moved -23.07% over the past month.
Amplitude Inc’s market cap currently stands at around $1.13 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-18.
Analysts have a consensus estimate of 79.81M for the company’s revenue for the quarter, with a low and high estimate of 79.2M and 80.83M respectively. The average forecast suggests up to a 9.89% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 328.78M, representing a 9.86% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AMPL is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 1 recommend AMPL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AMPL’s current price about -16.25% and -24.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.82, while 7-day volatility ratio is 12.72% and 6.72% in the 30-day chart. Further, Amplitude Inc (AMPL) has a beta value of 1.40, and an average true range (ATR) of 0.78. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $9 and high of $25. Looking at the price targets, the low is -2.62% off current price level while to achieve the yearly target high, price needs to move -185.06%. Nonetheless, investors will most likely welcome a -25.43% jump to $11 which is the analysts’ median price.
If we refocus on Amplitude Inc (NASDAQ:AMPL), historical trading data shows that trading volumes averaged 1.4 over the past 10 days and 975.14K over the past 3 months. The company’s latest data on shares outstanding shows there are 96.09 million shares.
The 40.19% of Amplitude Inc’s shares are in the hands of company insiders while institutional holders own 44.81% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.15 million on 2025-03-14, giving us a short ratio of 2.46. The data shows that as of 2025-03-14 short interest in Amplitude Inc (AMPL) stood at 376.99999999999994 of shares outstanding, with shares short rising to 1.67 million registered in 2025-02-14. Current price change has pushed the stock -16.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AMPL stock continues to rise going into the next quarter.
