In a report released today, Arjun Bhatia from William Blair maintained a Hold rating on Amplitude (AMPL – Research Report). The company’s shares closed yesterday at $9.26.
According to TipRanks, Bhatia is an analyst with an average return of -1.2% and a 42.08% success rate. Bhatia covers the Technology sector, focusing on stocks such as Sprout Social, Similarweb, and Liveperson.
The word on The Street in general, suggests a Hold analyst consensus rating for Amplitude with a $12.00 average price target.
Based on Amplitude’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $71.4 million and a GAAP net loss of $18.54 million. In comparison, last year the company earned a revenue of $65.26 million and had a GAAP net loss of $24.68 million
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Amplitude (AMPL) Company Description:
Amplitude Inc is pioneering a new category of software called digital optimization. The company’s digital optimization system serves as the command center for businesses to connect digital products to business outcomes.
