Morgan Stanley has revised its price target for Amplitude (AMPL, Financial), reducing it from $13 to $11 while maintaining an Equal Weight rating on the stock. This adjustment reflects the firm's ongoing evaluation of risk and reward among various software companies, particularly in light of the current uncertainty surrounding tariff risks and market pricing.
The financial institution is re-assessing numerous software firms to better understand the potential impacts of external economic factors, such as tariffs, and how these have been accounted for in current share prices. Amplitude, a notable player in the software sector, is among the companies affected by these reevaluations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Amplitude Inc (AMPL, Financial) is $14.70 with a high estimate of $17.00 and a low estimate of $11.00. The average target implies an upside of 78.40% from the current price of $8.24. More detailed estimate data can be found on the Amplitude Inc (AMPL) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Amplitude Inc's (AMPL, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Amplitude Inc (AMPL, Financial) in one year is $13.71, suggesting a upside of 66.38% from the current price of $8.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Amplitude Inc (AMPL) Summary page.
