Latest news with #Amplitude
Yahoo
6 hours ago
- Business
- Yahoo
BofA Affirms Amplitude (AMPL) Buy Rating Hikes Price Target to $15
Amplitude, Inc. (NASDAQ:AMPL) is one of the 13 best software stocks to buy now. On June 16, BofA Securities raised its price target to $15 from $13 while reiterating a Buy rating on the stock. The adjustment follows an investor meeting where the company discussed its agentic AI product launch. one photo/ Amplitude also touted how it plans to power the next generation of AI-powered digital experiences. BofA remains confident in Amplitude's differentiated platform, which positions it to gain market share in the long term. The research firm expects the company to capitalize on the digital analytics market valued at over $50 billion. Continued execution improvements should allow Amplitude to reduce its 55% discount multiple compared to its peers in the industry. Strategic product advancements have been the company's priority, as seen by the quick uptake of the new Guides and Surveys product. The remarks come on the company delivering a 10% year-over-year revenue growth in Q1 2025 to $80 million. Annual recurring revenue also recorded a 12% growth. Amplitude, Inc. (NASDAQ:AMPL) is a digital analytics platform that helps companies understand customer behavior within their digital products. It provides tools and insights to analyze user engagement, identify patterns, and improve product design and performance. While we acknowledge the potential of AMPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. 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
Yahoo
4 days ago
- Business
- Yahoo
2 Cash-Heavy Stocks with Promising Prospects and 1 to Approach with Caution
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow. Not all businesses with cash are winners, and that's why we built StockStory - to help you separate the good from the bad. Keeping that in mind, here are two companies with net cash positions that can leverage their balance sheets to grow and one that may struggle. Net Cash Position: $203.7 million (13.7% of Market Cap) 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 Does AMPL Fall Short? Offerings struggled to generate meaningful interest as its average billings growth of 8.7% over the last year did not impress Suboptimal cost structure is highlighted by its history of operating margin losses Lacking free cash flow generation means it has few chances to reinvest for growth, repurchase shares, or distribute capital Amplitude is trading at $11.36 per share, or 4.3x forward price-to-sales. If you're considering AMPL for your portfolio, see our FREE research report to learn more. Net Cash Position: $737.3 million (1.3% of Market Cap) One of the oldest service providers in the industry, Paychex (NASDAQ:PAYX) offers its customers payroll and HR software solutions. Why Do We Like PAYX? Estimated revenue growth of 15.5% for the next 12 months implies demand will accelerate from its three-year trend Highly efficient business model is illustrated by its impressive 41.5% operating margin Robust free cash flow margin of 29.5% gives it many options for capital deployment At $153 per share, Paychex trades at 8.8x forward price-to-sales. Is now the time to initiate a position? Find out in our full research report, it's free. Net Cash Position: $37 million (0% of Market Cap) With roots dating back to 1833, making it one of America's oldest continuously operating businesses, McKesson (NYSE:MCK) is a healthcare services company that distributes pharmaceuticals, medical supplies, and provides technology solutions to pharmacies, hospitals, and healthcare providers. Why Will MCK Outperform? 13.9% annual revenue growth over the last two years surpassed the sector average as its offerings resonated with customers Unparalleled scale of $359.1 billion in revenue gives it negotiating leverage and staying power in an industry with high barriers to entry Share repurchases over the last five years enabled its annual earnings per share growth of 17.2% to outpace its revenue gains McKesson's stock price of $728.06 implies a valuation ratio of 19.8x forward P/E. Is now the right time to buy? See for yourself in our full research report, it's free. 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 5 Growth Stocks for this month. 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-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Sensata Technologies, Amplitude, Entegris, ACV Auctions, and American Eagle Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. The conflict intensified market anxiety, compounding volatility, especially in risk assets like stocks, and prompting a pronounced shift toward safe-haven assets. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Analog Semiconductors company Sensata Technologies (NYSE:ST) fell 5.1%. Is now the time to buy Sensata Technologies? Access our full analysis report here, it's free. Data Analytics company Amplitude (NASDAQ:AMPL) fell 5%. Is now the time to buy Amplitude? Access our full analysis report here, it's free. Semiconductor Manufacturing company Entegris (NASDAQ:ENTG) fell 5.3%. Is now the time to buy Entegris? Access our full analysis report here, it's free. Online Marketplace company ACV Auctions (NYSE:ACVA) fell 5.6%. Is now the time to buy ACV Auctions? Access our full analysis report here, it's free. Apparel Retailer company American Eagle (NYSE:AEO) fell 5.4%. Is now the time to buy American Eagle? Access our full analysis report here, it's free. ACV Auctions's shares are quite volatile and have had 15 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock dropped 9.2% on the news that the company reported weak fourth-quarter results, and provided full-year revenue and EBITDA guidance below Wall Street's estimates. The outlook assumed a flat dealer wholesale market, which might limit upside potential in the near term. In addition, margins deteriorated, and the company burned cash during the quarter. On the other hand, ACVA blew past analysts' EBITDA expectations this quarter. It also expanded its number of units sold, leading to a revenue beat. Still, this was a softer quarter due to the outlook. ACV Auctions is down 26.6% since the beginning of the year, and at $15.37 per share, it is trading 33.7% below its 52-week high of $23.17 from December 2024. Investors who bought $1,000 worth of ACV Auctions's shares at the IPO in March 2021 would now be looking at an investment worth $491.68. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Techday NZ
12-06-2025
- Business
- Techday NZ
Amplitude unveils AI Agents to automate digital product growth
Amplitude has launched Amplitude AI Agents, a new suite of artificial intelligence-driven assistants designed to automate a range of product development and management tasks. Amplitude's AI Agents are intended to function as a team of specialised experts, supporting organisations in achieving goals such as improved checkout conversion rates and faster feature adoption. The agents analyse user behaviour, run experiments and optimise product experiences to help teams work more efficiently and effectively. Resource challenges The company highlights that resource constraints are common among product, marketing and data teams. Gathering data, generating dashboards, running queries, and testing hypotheses are often time-consuming tasks. Such work can be hindered by limited team capacity, leaving little room for strategic planning or execution. With the introduction of Amplitude AI Agents, organisations are expected to be able to explore, test and iterate more rapidly. The agents can monitor data, detect patterns, observe user sessions, form and test hypotheses, implement changes and measure their impact—all while human teams focus on strategic goals and creative problem-solving. Teams can instruct agents on specific focus areas, such as conversion, engagement, or campaign performance, and the agents will then begin their tasks based on these guidelines. Executives' perspectives "The pressure to turn data into real outcomes is growing across Australia and New Zealand — yet many teams are still struggling to make that leap," said Mark Drasutis, Head of Value, APJ at Amplitude. "Many don't have the time, tooling and resources to use data effectively, but Amplitude's AI Agents change that. They don't just focus on writing code, they also allow you to automate product management tasks and experimentation at scale. These agents unlock the ability for teams to solve problems that previously felt out of reach and more efficiently improve the customer experience." The issue of user trust with enterprise AI agents has previously been a concern, as some solutions have made changes autonomously. Amplitude states that its customers retain control over the autonomy level of their AI Agents. Organisations can set guardrails and approve any customer-facing changes, ensuring that the AI Agents function under human oversight. Use case templates Amplitude plans to release multiple use-case-specific AI Agent templates. These include: Website Conversion Agent, which monitors performance metrics and investigates conversion drops by analysing user sessions, subsequently recommending improvements. Onboarding Agent, which identifies points where users hesitate or abandon onboarding, and then creates in-app guides tailored to assist specific user segments. Feature Adoption Agent, which analyses engagement with new product features across different user groups, offering targeted recommendations for increasing adoption rates. Monetisation Agent, which detects signs that users are ready to upgrade or purchase premium features, and suggests interventions such as in-product messages or special offers. Vinay Sharma, Head of Software Engineering at Yum! Brands, commented on the potential for these agents to streamline and accelerate product development processes. "What excites me most about Amplitude's AI Agents isn't just that they can identify conversion issues or run experiments - it's that they'll be able to work through dozens of scenarios and execute toward our goals while our team focuses on higher-level strategy," said Vinay Sharma, Head of Software Engineering at Yum! Brands. "The traditional product development process gets bottlenecked by resource constraints, but Amplitude is changing that. With Agents, it'll be much faster and easier to understand customer behaviour, identify optimisation opportunities, and measure impact." Spenser Skates, Chief Executive Officer and co-founder of Amplitude, noted that demand for AI Agents has been high. "AI Agents were our most-wanted new product at multiple customer advisory boards this year," said Spenser Skates, CEO and co-founder of Amplitude. "They give our customers an edge in building products people love, and they mark the beginning of a broader AI evolution at Amplitude." Platform integration Amplitude's AI Agents are integrated across the company's Digital Analytics Platform, leveraging data from Analytics, Session Replay, Experimentation and Guides and Survey modules. According to the company, the agents not only use organisation-specific data but also apply insights observed across thousands of teams that use Amplitude's platform. The new agents are positioned as a response to increasing demand for more automated and scalable solutions in digital product development and optimisation. Follow us on: Share on:
Techday NZ
12-06-2025
- Business
- Techday NZ
Amplitude launches AI Agents to streamline product optimisation
Amplitude has introduced AI Agents that continuously analyse user behaviour, conduct experiments, and suggest optimisations to enhance product experiences for businesses. The new Amplitude AI Agents are designed to work alongside product, marketing, and data teams by automatically performing data review, pattern identification, and experimentation, which the company says will allow teams to focus more on strategic and creative tasks. Teams can instruct AI Agents to focus on specific business goals, such as checkout conversion, feature adoption, retention, or campaign performance, and the agents operate in the background to monitor relevant data streams and user interactions. Once anomalies or opportunities are detected, the AI Agents suggest potential changes, run tests, and report back on results. Amplitude has developed several templated AI Agents to address frequent challenges for digital product teams. Current templates include Website Conversion Agent, Onboarding Agent, Feature Adoption Agent, and Monetisation Agent. Each template is configured to tackle a core aspect of the user journey or business goal. The Website Conversion Agent, for example, automatically identifies where users might be dropping off in the checkout process and provides targeted recommendations for improvement. The Onboarding Agent tracks where users struggle or abandon onboarding, offering tailored in-app guidance to improve completion rates. The Feature Adoption Agent analyses engagement patterns with new features, while the Monetisation Agent recommends actions based on signals indicating readiness for purchase or upgrade. Amplitude states that its AI Agents do not autonomously implement customer-facing changes unless explicitly approved by the customer. The platform enables organisations to set levels of autonomy, establishing guardrails for the agents according to trust and experience with the system. "AI has been a part of Amplitude's DNA since our founding, and now we're delivering the first AI Agents in the data space to do anything meaningful beyond code and SQL generation," said Spenser Skates, CEO and co-founder of Amplitude. "Companies often tell us they have the data, but they don't have the resources to analyse or act on it. With Amplitude's AI Agents working around the clock, product development shifts from a slow, step-by-step process to a high-speed, multi-track system where strategy, analysis, and action can happen at the same time. This isn't just about doing what you've always done, faster. It's about doing what you wouldn't, couldn't, or didn't know how to do before." Skates indicated that while AI and analytics have become common, Amplitude's AI Agents intend to go beyond traditional dashboarding and insights by directly supporting hypothesis creation, intervention, and outcome analysis. The company underlines the level of control kept by its customers, particularly where user-facing changes or communications are involved. According to the company, as trust in AI Agents grows, customers can opt to increase agent autonomy or keep manual oversight in place. Jenny Hock, Vice President of LogMeIn products at GoTo, said: "Most analytics tools stop at insights, leaving you to figure out the rest of the puzzle: what are the drivers behind a trend, and what to do next. What excites me most about Amplitude's AI Agents is their ability to go beyond observations and into intelligent action. They can formulate hypotheses, analyse outcomes, and roll out changes – all tailored to your unique business goals. It's like gaining a dozen expert teammates who free up your time to focus on innovation and impact." Amplitude notes that demand for these AI Agents has been consistent in its customer advisory boards, with Skates adding: "AI Agents were our most-wanted new product at multiple customer advisory boards this year. They give our customers an edge in building products people love, and they mark the beginning of a broader AI evolution at Amplitude." Amplitude's AI Agents operate using data captured via its broader Digital Analytics Platform, which includes modules such as Analytics, Session Replay, Experimentation, and Guides and Survey. The system draws on patterns observed from over 4,000 existing customers. According to Amplitude, companies utilising these AI Agents include organisations such as Atlassian, Shopify, NBCUniversal, Under Armour, and Jersey Mike's.
