Analysis of the Amplitude Inc stock:
Citi Group Downgrades Amplitude Inc. to a Neutral rating and cuts the target price to $13 from $25 on the company’s stock.
UBS Downgrades Amplitude Inc. to a Neutral rating and lowers the target price to $14 from $20.
Based on the stock projections for Amplitude Inc made by 8 analysts, the company’s average 12-month target price is USD 17.00. The typical analyst rating for Amplitude Inc. is Buy. Amplitude Inc.’s stock analysis by Stock Target Advisor is Very Bearish and is based on 0 positive and 5 negative indications. The stock price of Amplitude Inc. was USD 12.57 at the most recent closing. The price of Amplitude Inc.’s stock has moved over the last week, month, and year by +0.13%, +0.12%, and -73.08%, respectively.
Fundamental Stock Analysis:
Positive Fundamentals:
There are no particular fundamentals that we find attractive about this stock. The stock is a Speculative Play.
Negative Fundamentals:
Subpar risk-adjusted returns:
In comparison to its rivals, this company’s risk-adjusted return performance is below average. The returns are unpredictable, even if it is outperforming in terms of returns. Be careful as you go.
Lower than average dividend returns:
In comparison to its competitors, the company’s average income yield during the past five years has been low. If you are not seeking for work, it is not an issue.
Compared to book value, it is overpriced:
On a price to book value basis, the stock is selling at a premium to the median of its peer group.
Poor cash flow:
The last four quarters saw a negative total cash flow for the organization.
Free cash flow that is negative:
In the last four quarters, the company’s overall free cash flow was negative.
About Amplitude Inc.
Amplitude Inc. is a company that provides a digital optimization system that analyzes customer behavior within digital products in the United States and internationally. It offers various solutions such as Amplitude analytics, Amplitude Recommend, Amplitude Experiment, Amplitude Behavioral Graph, and data management services. The company also provides customer support services such as initial implementation setup, ongoing support, and application training. Its application is delivered over the Internet as a subscription service using a software-as-a-service model. The company was formerly known as Sonalight, Inc. and was incorporated in 2011 and is headquartered in San Francisco, California.
