Brokerages Issue Consensus ‘Hold’ Rating for Amplitude,
October 21, 2023
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Amplitude ($NASDAQ:AMPL), Inc. is a technology company providing data and analytics solutions to help businesses make smart product decisions. Recently, brokerages have given the company’s stock a consensus “Hold” rating. This rating indicates that analysts are uncertain about the stock’s performance and are not recommending investors to buy or sell.
Despite this, Amplitude has taken multiple steps to increase its presence and expand its customer base, which could potentially lead to better performance in the future. For now, investors should remain cautious and carefully monitor any changes in Amplitude’s stock price before making any decisions.
Share Price
On Friday, brokerages issued a consensus ‘Hold’ rating for Amplitude, Inc. shares, after the stock opened at 10.4 and closed at 10.3. This amounted to a 0.2% decrease from its prior closing price of 10.3. While the brokerages have maintained a ‘Hold’ rating, it is unclear how the stock will develop in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amplitude. More…
| Total Revenues | Net Income | Net Margin |
| 261.12 | -100.66 | -36.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amplitude. More…
| Operations | Investing | Financing |
| 7.61 | -87.47 | 4.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amplitude. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 434.62 | 145.77 | 2.49 |
Key Ratios Snapshot
Some of the financial key ratios for Amplitude are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 51.5% | – | -39.0% |
| FCF Margin | ROE | ROA |
| 1.4% | -21.9% | -14.6% |
Analysis
At GoodWhale, we have conducted an analysis of AMPLITUDE‘s financials and have determined that it is strong in assets and growth, but weak in dividend and profitability. Our Star Chart gives AMPLITUDE an intermediate health score of 6 out of 10 when looking at cash flows and debt, meaning that it is likely to safely ride out any financial crises without the risk of bankruptcy. We have classified AMPLITUDE as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered to be less stable due to lower profitability. Investors who are looking for a high-growth and high-risk investment may be interested in AMPLITUDE, as it could offer the potential for large returns should the company’s growth continue. More…
Peers
In recent years, the competition between Amplitude Inc and its competitors has intensified, as the market for audio production and playback technology has become increasingly crowded. While Amplitude Inc has maintained its position as a leading provider of audio products and services, its competitors have also made significant strides in terms of innovation and customer satisfaction. As such, the competition between these companies is likely to continue to heat up in the coming years.
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Summary
Amplitude, Inc. is a technology company focused on providing data analysis and insights to customers. The company has recently received a consensus rating of “Hold” from various brokerages. This indicates that the majority of analysts remain neutral on Amplitude’s stock, as they are not suggesting investors buy or sell the stock. When evaluating Amplitude’s stock, investors should consider the most recent financial performance, industry trends, and the overall competitive landscape.
Additionally, it may be beneficial to compare Amplitude’s performance to that of its peers in order to gain a better understanding of the company’s value. Furthermore, investors need to take into account the risks associated with investing in any company, such as the potential for macroeconomic factors or changes in technology to affect its business. Ultimately, investors should use this consensus rating as a starting point when analyzing Amplitude’s investment potential.
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