4 analysts have shared their evaluations of Amplitude during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $11.5, a high estimate of $13.00, and a low estimate of $10.00. Experiencing a 11.54% decline, the current average is now lower than the previous average price target of $13.00.

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive Amplitude is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

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 unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Amplitude compared to the broader market.

Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Amplitude's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Amplitude's market standing. Stay informed and make well-considered decisions with our Ratings Table.

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Discovering Amplitude: A Closer Look

Amplitude Inc ( AMPL ) 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: A Financial Overview

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Amplitude displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 9.42%. This indicates a notable 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: Amplitude's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -25.97% net margin, the company effectively manages costs and achieves strong profitability.

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 falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -4.24%, the company may face hurdles in generating optimal returns from its assets.

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

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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