
Amplitude (AMPL) Stock Forecast & Price Target
Amplitude (AMPL) Analyst Ratings
Bulls say
Amplitude Inc has exhibited strong financial performance, with a notable growth in revenue that accelerated for the sixth consecutive quarter, attributed to robust platform upsells. The company's revenue reached $83.3 million, reflecting a 10% increase quarter-over-quarter and marking the second consecutive quarter of double-digit growth. Additionally, the company's committed remaining performance obligations (cRPO) have shown consistent acceleration, further underscoring the positive momentum in Amplitude's financial outlook.
Bears say
Amplitude Inc. has revised its full-year operating profit guidance downward by $2 million at the midpoint, which reflects ongoing costs associated with acquisitions and continued investments. Although management has improved team task completion efficiency, this change in guidance may indicate underlying challenges in profitability management. The company's reliance on subscription revenue primarily from the U.S. market could pose risks, especially in light of the lowered profit expectations amidst a competitive landscape.
This aggregate rating is based on analysts' research of Amplitude and is not a guaranteed prediction by Public.com or investment advice.
Amplitude (AMPL) Analyst Forecast & Price Prediction
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