Amplitude (AMPL) AI Stock Analysis

• Market Cap: $1.33B
• Dividend Yield: N/A
• Average Volume (3M): 1.60M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.41
• Revenue Growth: 12.78%
• EPS Growth: -20.47%
• Country: US
• Employees: 740
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.02
• Shares Outstanding: 102,111,650
• 10 Day Avg. Volume: 1,657,165
• 30 Day Avg. Volume: 1,602,133
• PEG Ratio: 10.67
• Price to Book (P/B): 4.41
• Price to Sales (P/S): 4.37
• P/FCF Ratio: 77.89
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 3.76
• Enterprise Value/Gross Profit: 5.08
• Enterprise Value/Ebitda: -12.30
• 1Y Price Target: $15.00
• Price Target Upside: 49.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 0.06
• Revenue Forecast (FY): $341.63M

• Rating: 52 Neutral
• Price Target: $10.00 ▼(-0.10% Downside)

Amplitude's overall score is driven by strong revenue growth and strategic initiatives in AI and enterprise expansion, as highlighted in the earnings call. However, challenges in profitability, cash flow management, and a bearish technical outlook weigh on the score. The negative P/E ratio and lack of dividend yield further impact valuation.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

AI Product Innovations

Innovations in AI products enhance Amplitude's competitive edge, broadening its user base and driving future growth in analytics capabilities.

Enterprise Customer Growth

Increasing enterprise customer base strengthens revenue stability and reflects successful penetration into larger markets, boosting long-term prospects.

Negative Factors

Profitability Challenges

Ongoing profitability issues could hinder reinvestment and growth opportunities, affecting the company's ability to sustain long-term financial health.

Gross Margin Decline

A decline in gross margin may indicate rising costs or pricing pressures, potentially impacting future profitability and competitive positioning.

Free Cash Flow Decline

Decreasing free cash flow can limit financial flexibility and investment capacity, posing risks to sustaining growth and operational resilience.

Amplitude Business Overview & Revenue Model

Company Description

Amplitude (AMPL) is a leading analytics platform designed to help businesses optimize their digital products and enhance user engagement. The company specializes in product analytics, providing tools that enable organizations to understand user behavior, track engagement metrics, and drive data-driven decision-making. Operating primarily in the technology sector, Amplitude serves a diverse clientele, including startups and large enterprises, across various industries such as e-commerce, media, and software.

How the Company Makes Money

Amplitude generates revenue through a subscription-based model, offering various pricing tiers based on features and usage levels. Its core revenue streams include subscriptions to its analytics platform, which allows customers to access data insights and reporting capabilities. Additionally, Amplitude may offer professional services, such as consulting and implementation support, to assist clients in maximizing the value of their analytics investments. Key factors contributing to its earnings include the growing demand for data-driven insights in digital product development and strategic partnerships with other technology providers that enhance its service offerings.

Amplitude Financial Statement Overview

Summary

Amplitude shows strong revenue growth and a solid equity position, but struggles with profitability and cash flow management. The negative net income and declining free cash flow highlight the need for improved profit margins and cash flow generation.

Income Statement

Amplitude's income statement shows a consistent revenue growth trend, with a TTM revenue growth rate of 4.22%. However, the company is struggling with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin remains strong at 74.23%, but the persistent negative net income highlights ongoing challenges in achieving profitability.

Balance Sheet

The balance sheet reflects a strong equity position with a low debt-to-equity ratio of 0.0083, indicating minimal leverage. However, the return on equity is negative, suggesting inefficiencies in generating profits from equity. The equity ratio is healthy, but the company needs to improve its profitability to enhance overall financial stability.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth, with a TTM decrease of 4.73%. The operating cash flow to net income ratio is positive, indicating some operational cash generation, but the free cash flow to net income ratio suggests that cash flow improvements are necessary to support long-term growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	329.92M	299.27M	276.28M	238.07M	167.26M	102.46M
Gross Profit	244.02M	222.35M	204.36M	167.63M	115.50M	71.98M
EBITDA	-100.76M	-101.28M	-88.76M	-91.90M	-71.06M	-22.31M
Net Income	-103.47M	-94.32M	-90.36M	-93.38M	-74.98M	-24.57M
Balance Sheet
Total Assets	438.12M	445.91M	433.68M	413.75M	400.39M	175.08M
Cash, Cash Equivalents and Short-Term Investments	189.20M	241.10M	322.40M	230.47M	307.44M	117.78M
Total Debt	1.77M	5.58M	8.18M	11.09M	0.00	0.00
Total Liabilities	175.90M	149.35M	138.93M	118.79M	93.84M	242.20M
Stockholders Equity	262.23M	296.56M	294.75M	294.97M	306.55M	-67.12M
Cash Flow
Free Cash Flow	16.05M	16.78M	24.35M	-9.02M	-34.94M	-12.60M
Operating Cash Flow	20.14M	18.51M	25.63M	-5.38M	-31.71M	-10.39M
Investing Cash Flow	-209.94M	-75.37M	9.32M	-89.39M	-1.50M	-5.91M
Financing Cash Flow	-45.42M	-19.94M	-4.94M	5.83M	222.64M	54.24M

Amplitude Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMPL, the sentiment is Negative. The current price of 10.01 is below the 20-day moving average (MA) of 10.13, below the 50-day MA of 10.44, and below the 200-day MA of 11.25, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 46.88 is Neutral, neither overbought nor oversold. The STOCH value of 25.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMPL.

Amplitude Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CXM	73 Outperform	$1.74B	15.75	23.74%	―	6.08%	153.79%
SEMR	67 Neutral	$1.01B	―	-1.68%	―	19.87%	-136.93%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SPT	61 Neutral	$577.29M	―	-26.69%	―	13.09%	32.34%
VMEO	61 Neutral	$1.31B	1,046.67	0.35%	―	-0.67%	-95.68%
PD	60 Neutral	$1.39B	-95.33	-8.04%	―	8.20%	82.75%
AMPL	52 Neutral	$1.33B	―	-37.47%	―	12.78%	-20.47%

Amplitude Corporate Events

Amplitude Inc’s Earnings Call: Strong Growth and AI Innovations

Amplitude Inc’s recent earnings call painted a picture of robust financial health and strategic growth, with a strong emphasis on innovation and customer expansion. The sentiment was largely positive, driven by impressive revenue figures and the successful introduction of new AI-native products. While there were minor concerns about a slight dip in gross margin and free cash flow, these were overshadowed by the company’s overall growth trajectory and innovation efforts.

Amplitude Inc. Reports Strong Q3 2025 Growth

Amplitude Inc., a leading digital analytics platform, provides tools for companies to understand user engagement with their products, primarily serving the technology sector. In its third-quarter 2025 financial results, Amplitude reported a notable increase in annual recurring revenue, reaching $347 million, a 16% rise from the previous year. The company’s revenue for the quarter was $88.6 million, marking an 18% year-over-year growth. Despite these gains, Amplitude experienced a GAAP net loss per share of $0.18, slightly higher than the $0.14 loss per share in the same quarter of 2024.