Is Amplitude Stock Undervalued After Analyst Praise on Product Expansion?

Amplitude stock is undervalued according to a discounted cash flow analysis, with an intrinsic value of $34.94 and a 71.0% discount to its calculated fair value. Positive analyst commentary and expansion initiatives have improved sentiment, and the stock has seen a 3.1% uptick in the last week. The price-to-sales ratio is another key metric for evaluating Amplitude's valuation, but a more holistic approach is recommended for a comprehensive understanding.