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
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.