UBS upgrades Amplitude on growth acceleration outweighs OpenAI threat By Investing.com
Update: 2025-10-31
Description
UBS upgrades Amplitude to a buy rating, setting a price target of $13, as the analytics platform company is expected to return to over 20% revenue growth by fiscal 2026. UBS highlights Amplitude's improved fundamentals, including stabilized customer spending, increased product adoption, and a usage-based pricing model. Despite concerns about OpenAI's acquisition of Statsig, UBS believes Amplitude's valuation is already discounting potential risks, and its revenue growth is set to accelerate to 21% by 2027.
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