logo
#

Latest news with #Amplitude

Why Amplitude Stock Jumped 35% in May
Why Amplitude Stock Jumped 35% in May

Yahoo

time16 hours ago

  • Business
  • Yahoo

Why Amplitude Stock Jumped 35% in May

Key Points Amplitude reported accelerating growth in its first quarter. The company is planning to launch its AI agents next week. 10 stocks we like better than Amplitude › Shares of Amplitude (NASDAQ: AMPL) moved higher last month after the product analytics cloud software company delivered a better-than-expected first-quarter earnings report, teased its upcoming artificial intelligence (AI) agent launch for June 10, and benefited from the broader recovery in the stock market as worries about a recession faded. According to data from S&P Global Market Intelligence, Amplitude's stock price increased 35% in May. As you can see from the chart below, the stock surged following the earnings report and continued to rise in response to macroeconomic tailwinds. AMPL data by YCharts. Amplitude builds momentum Amplitude stock jumped 19% on May 8 after the company released its earnings report, which showed another quarter of accelerating growth following an earlier slowdown. Revenue in the quarter rose 10% to $80 million, slightly ahead of estimates at $79.76 million. On the bottom, it reported break-even adjusted earnings per share, which beat estimates by a penny. However, other key metrics seemed to better showcase the company's underlying growth. Remaining performance obligations (RPO) rose 30% to $325.9 million, showing that customers are signing longer contracts, a reflection of greater confidence from its customers. It's also seeing higher attach rates as it introduces more new product features, which help drive the company's growth over the long term. After adding several new features, including Session Replay and Guides & Surveys, Amplitude can now offer everything customers want from its product analytics platform, preventing them from having to supplement it with point solutions. On May 12, the stock jumped, gaining 13% after the U.S. and China agreed to lower their tariff rates. While that news doesn't have direct implications for Amplitude, as a relatively young software company that is still unprofitable on a generally accepted accounting principles (GAAP) basis, Amplitude is sensitive to the overall economy, and lower tariff rates make a recession less likely. Image source: Getty Images. What's next for Amplitude Amplitude's AI agent launch next week could be a game-changer for the company, helping it further separate itself from the competition. For the full year, the company is targeting revenue of $329 million to $333 million, up 10.6% at the midpoint, and adjusted earnings per share of $0.05 to $0.10. After struggling in the post-pandemic era, Amplitude is seeing traction with its customer base and product suite. There's still a large addressable market for the company to tackle, and the AI agent launch could help it get there.

3 Inflated Stocks Skating on Thin Ice
3 Inflated Stocks Skating on Thin Ice

Yahoo

time5 days ago

  • Business
  • Yahoo

3 Inflated Stocks Skating on Thin Ice

The stocks featured in this article are seeing some big returns. Over the past month, they've outpaced the market due to new product launches, positive news, or even a dedicated social media following. But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. All that said, here are three stocks getting more buzz than they deserve and some you should buy instead. One-Month Return: +31.3% Born out of a failed voice recognition startup by founder Spenser Skates, Amplitude (NASDAQ:AMPL) is data analytics software helping companies improve and optimize their digital products. Why Are We Hesitant About AMPL? Customers had second thoughts about committing to its platform over the last year as its average billings growth of 8.7% underwhelmed Historical operating margin losses point to an inefficient cost structure Poor free cash flow margin of 1.2% for the last year limits its freedom to invest in growth initiatives, execute share buybacks, or pay dividends Amplitude is trading at $12.39 per share, or 4.7x forward price-to-sales. To fully understand why you should be careful with AMPL, check out our full research report (it's free). One-Month Return: +15% Begun as a Chicago hot dog stand in 1963, Portillo's (NASDAQ:PTLO) is a casual restaurant chain that serves Chicago-style hot dogs and beef sandwiches as well as fries and shakes. Why Is PTLO Not Exciting? Disappointing same-store sales over the past two years show customers aren't responding well to its menu offerings and dining experience Lacking free cash flow generation means it has few chances to reinvest for growth, repurchase shares, or distribute capital High net-debt-to-EBITDA ratio of 6× increases the risk of forced asset sales or dilutive financing if operational performance weakens Portillo's stock price of $12.02 implies a valuation ratio of 32.9x forward P/E. Read our free research report to see why you should think twice about including PTLO in your portfolio, it's free. One-Month Return: +40.4% Created through a settlement between NRG Energy and the California Public Utilities Commission, EVgo (NASDAQ:EVGO) is a provider of electric vehicle charging solutions, operating fast charging stations across the United States. Why Does EVGO Worry Us? Historically negative EPS is a worrisome sign for conservative investors and obscures its long-term earnings potential Cash-burning tendencies make us wonder if it can sustainably generate shareholder value Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders At $4 per share, EVgo trades at 33.5x forward EV-to-EBITDA. If you're considering EVGO for your portfolio, see our FREE research report to learn more. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

At US$12.39, Is Amplitude, Inc. (NASDAQ:AMPL) Worth Looking At Closely?
At US$12.39, Is Amplitude, Inc. (NASDAQ:AMPL) Worth Looking At Closely?

Yahoo

time7 days ago

  • Business
  • Yahoo

At US$12.39, Is Amplitude, Inc. (NASDAQ:AMPL) Worth Looking At Closely?

Amplitude, Inc. (NASDAQ:AMPL), is not the largest company out there, but it led the NASDAQCM gainers with a relatively large price hike in the past couple of weeks. While good news for shareholders, the company has traded much higher in the past year. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Let's examine Amplitude's valuation and outlook in more detail to determine if there's still a bargain opportunity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Great news for investors – Amplitude is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $17.80, but it is currently trading at US$12.39 on the share market, meaning that there is still an opportunity to buy now. However, given that Amplitude's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. Check out our latest analysis for Amplitude Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by a double-digit 15% in the upcoming year, the short-term outlook is positive for Amplitude. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since AMPL is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on AMPL for a while, now might be the time to make a leap. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy AMPL. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed buy. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Amplitude. If you are no longer interested in Amplitude, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Is Amplitude (AMPL) Stock Outpacing Its Business Services Peers This Year?
Is Amplitude (AMPL) Stock Outpacing Its Business Services Peers This Year?

Yahoo

time30-05-2025

  • Business
  • Yahoo

Is Amplitude (AMPL) Stock Outpacing Its Business Services Peers This Year?

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Amplitude, Inc. (AMPL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Amplitude, Inc. is one of 270 companies in the Business Services group. The Business Services group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Amplitude, Inc. is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for AMPL's full-year earnings has moved 14.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Our latest available data shows that AMPL has returned about 17.4% since the start of the calendar year. Meanwhile, the Business Services sector has returned an average of 3.5% on a year-to-date basis. This means that Amplitude, Inc. is outperforming the sector as a whole this year. Another Business Services stock, which has outperformed the sector so far this year, is LiveRamp (RAMP). The stock has returned 7.4% year-to-date. For LiveRamp, the consensus EPS estimate for the current year has increased 27.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Amplitude, Inc. belongs to the Technology Services industry, a group that includes 129 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, this group has gained an average of 5.2% so far this year, meaning that AMPL is performing better in terms of year-to-date returns. LiveRamp is also part of the same industry. Investors with an interest in Business Services stocks should continue to track Amplitude, Inc. and LiveRamp. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amplitude, Inc. (AMPL) : Free Stock Analysis Report LiveRamp Holdings, Inc. (RAMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Griffin Gaming Partners Leads €12M Series A in Amplitude Studios as the Beloved Strategy Game Developer Returns to its Indie Roots
Griffin Gaming Partners Leads €12M Series A in Amplitude Studios as the Beloved Strategy Game Developer Returns to its Indie Roots

Business Upturn

time27-05-2025

  • Entertainment
  • Business Upturn

Griffin Gaming Partners Leads €12M Series A in Amplitude Studios as the Beloved Strategy Game Developer Returns to its Indie Roots

Los Angeles, CA, May 27, 2025 (GLOBE NEWSWIRE) — Griffin Gaming Partners, one of the world's largest venture capital firms focused exclusively on gaming, today announced its lead investment in Amplitude Studios' €12M Series A, the award-winning team behind the critically acclaimed ENDLESS universe. Founded in 2011 and acquired by SEGA in 2016, Amplitude recently returned to independence, with its founding team recommitting to the studio's original vision and its signature 'Triple-I' approach: indie spirit, innovative design, and immersive storytelling — all delivered with AAA polish. The studio is now working to scale that vision and reach a broader global audience. The funding will support development of new titles, including the recently announced ENDLESS Legend 2 in close collaboration with publishing partner Hooded Horse — a long-awaited sequel already drawing praise from early hands-on previews. As PC Gamer noted, 'My hands-on reveals a return to Amplitude doing what it does best.' 'We built Amplitude as an indie studio driven by passion and community,' said Romain de Waubert de Genlis, CEO of Amplitude Studios. 'What's exciting about regaining our independence through this partnership with Griffin is that it's not about changing who we are, it's about accelerating toward the future we've always envisioned. A future where we can fully realize our creative vision and deliver the immersive experiences our players expect. We're already deep in development on what's next—and we can't wait to share it.' The investment will also allow Amplitude to grow its team and double down on community collaboration through its Games2Gether platform — a cornerstone of the studio's development philosophy. 'We're excited to partner with Amplitude Studios on their next chapter – they've created rich strategy-based franchises and plan to continue leveraging their depth of knowledge in the genre alongside their loyal community to create engaging universes,' said Frankie Zhu, Partner at Griffin Gaming Partners. 'The team has a proven track record of excellence in releasing multiple titles that are both critically acclaimed and loved by their audiences.' This partnership adds to Griffin's growing portfolio of companies building the next generation of genre-defining IP and player-first experiences. About Griffin Gaming Partners Griffin Gaming Partners is one of the world's leading venture capital firms focused on the global gaming market with over $1.5B in assets under management. Griffin invests in seed through growth stages across software infrastructure, content, and platforms in gaming. For more information visit: . About Amplitude Studios SAS© Amplitude Studios is a Paris-based company comprised of experienced, quality-driven videogame lovers and – with the help of their loyal player base – creators of the finest strategy games in the world. Founded in 2011, we are a team of over 170 developers hailing from all over the globe. We're known for the ENDLESS™ series of games, with ENDLESS™ Legend 2 coming in 2025, as well as historical 4X epic HUMANKIND™. You can find out more here: © 2025 Amplitude Studios SAS. All rights reserved. Amplitude, Amplitude Studios, Amplitude's logo, Endless Space, Endless Legend, Endless Dungeon, Dungeon of the Endless, and Humankind are registered trademarks of Amplitude Studios SAS. Attachment Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store