
Amplitude (AMPL) Stock Forecast & Price Target
Amplitude (AMPL) Analyst Ratings
Bulls say
Amplitude Inc has demonstrated a consistent upward trend in its financial performance, with a notable acceleration in annual recurring revenue (ARR) growth for five consecutive quarters, culminating in a 16% year-over-year increase in the most recent quarter. Additionally, the company's contractually recurring revenue (cRPO) growth surpassed 20%, reaching 22% year-over-year, which, along with a 37% growth in total remaining performance obligations (RPO), indicates strong demand for its digital analytics platform. Furthermore, Amplitude achieved positive operating margins of 1% in Q3 after two quarters of negative margins, reflecting improved operational efficiency and profitability.
Bears say
Amplitude Inc. is facing a challenging outlook as management has revised its full-year operational profit guidance downward by $2 million, indicating potential difficulties in achieving profitability amidst ongoing investments and acquisitions. Despite improvements in efficiency highlighted by reduced team task completion times, these operational enhancements do not offset the concerns regarding financial performance and revenue sustainability. The reliance on a subscription-based model, primarily from the U.S. market, combined with increased operational costs, adds further pressure to the company's financial health.
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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