
Amplitude (AMPL) Stock Forecast & Price Target
Amplitude (AMPL) Analyst Ratings
Bulls say
Amplitude Inc. has demonstrated a robust financial performance with its annual recurring revenue (ARR) growth accelerating for the fifth consecutive quarter, contributing to a 16% year-over-year increase and totaling an additional $12 million in net new ARR during Q3. The company's strong metrics in contracted remaining performance obligations (cRPO), which grew 22% year-on-year, underscore the effectiveness of its platform upselling strategy, while overall remaining performance obligations (RPO) highlighted a notable 37% growth fueled by longer contract durations. Additionally, Amplitude achieved a positive operating margin of 1% in Q3 after experiencing two quarters of negative margins, indicating improved operational efficiency and profitability.
Bears say
The management of Amplitude Inc acknowledged a decline in operational profit guidance by $2 million at the midpoint, attributing this adjustment to acquisitions and ongoing investments. While improvements in team task completion times from weeks to minutes were highlighted, the negative impact on profitability raises concerns about the company's ability to balance growth initiatives with financial stability. The reliance on the U.S. market for the majority of its revenue also introduces risks related to market saturation and economic fluctuations.
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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