Doesn't look like there are many buyers for
AMPL, a peer of
COIN
SNOW 2020-2021 IPO cohorts, though business results look promising in the long-term.
I'd say anything above $10 is a good entry for this as a long-term tech stock that can outperform in future cycles.
Amplitude Inc (NASDAQ:AMPL)
The 8 analysts offering 12-month price forecasts for Amplitude Inc have a median target of $17.50, with a high estimate of 20.00 and a low estimate of 15.00. The median estimate represents a +32.28% increase from the last price of 13.23.
In the chart above, I have 3 bullish scenarios. All 3 are negated if the price drops below $10
As of now, it looks like there's still a lot of post-IPO sell pressure and aside from price defense at $10 late this year, not much new insti investor interest.
"We're so early!" - Famous Last Words
I'd say anything above $10 is a good entry for this as a long-term tech stock that can outperform in future cycles.
Amplitude Inc (NASDAQ:AMPL)
The 8 analysts offering 12-month price forecasts for Amplitude Inc have a median target of $17.50, with a high estimate of 20.00 and a low estimate of 15.00. The median estimate represents a +32.28% increase from the last price of 13.23.
In the chart above, I have 3 bullish scenarios. All 3 are negated if the price drops below $10
As of now, it looks like there's still a lot of post-IPO sell pressure and aside from price defense at $10 late this year, not much new insti investor interest.
"We're so early!" - Famous Last Words
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.