Nine Brokerages Agree: Amplitude Shares Earn ‘Hold’ Rating
June 24, 2023
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Nine brokerages currently covering Amplitude ($NASDAQ:AMPL) Inc., a technology company that specializes in business intelligence, have given its shares a consensus rating of “Hold”. Amplitude provides an analytics platform that helps organizations capture and analyze user behavior across various products, providing insights to inform business decisions. Its platform lets users design and evaluate experiments without writing code.
Despite the lack of movement, Amplitude is still seen as a promising investment by some, as it could potentially benefit from increased customer demand for its products and services. Still, the consensus rating of “Hold” indicates that investors should exercise caution in their decision-making.
Market Price
On Tuesday, shares of Amplitude Inc. were rated a ‘Hold’ by no less than nine brokerages. The stock opened at $10.8 and closed at $10.9, a decrease of 0.5% from the previous closing price of $11.0. This rating by nine brokerages is a sign of the company’s status in the market, showing that it isn’t yet ready for a big jump in its stock prices. Nevertheless, the company still holds potential for future growth. 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 |
| 251.48 | -97.47 | -38.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amplitude. More…
| Operations | Investing | Financing |
| -2.16 | -88.86 | 4.67 |
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 |
| 412.53 | 121.31 | 2.52 |
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% | – | -41.3% |
| FCF Margin | ROE | ROA |
| -3.0% | -22.1% | -15.7% |
Analysis
At GoodWhale, we’ve performed a thorough financial analysis of AMPLITUDE. After assessing their financials and business aspects, we determined that the company is a medium risk investment. When we looked into the details, there were two risk warnings we detected in their balance sheet and cashflow statement. If you’d like to learn more about these warnings, become a registered user and check it out for yourself. Overall, our analysis shows that AMPLITUDE is a medium risk investment. We recommend doing your own research, speaking with a financial advisor, and assessing your own risk appetite before investing in the company. Amplitude_Shares_Earn_Hold_Rating”>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
Investing in Amplitude, Inc. (AMPL) stock carries a moderate risk, according to recent analysis from nine brokerages. The consensus rating for AMPL stock is “Hold,” which means most analysts are recommending investors to neither buy nor sell the stock.
However, some analysts have given the stock a “Buy” or “Strong Buy” rating, indicating that they believe the current price is an attractive investment opportunity. Analysts also generally believe that there may be short-term volatility in the stock, but long-term investments are likely to be rewarded. Investment decisions should be based on individual research and risk tolerance.
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