Is Amplitude (AMPL) Stock Outpacing Its Business Services Peers This Year?

Group 1 - Amplitude, Inc. (AMPL) is a notable stock within the Business Services sector, which consists of 270 companies and currently ranks 3 in the Zacks Sector Rank [2] - The Zacks Rank system, which focuses on earnings estimates and revisions, currently rates Amplitude, Inc. as 2 (Buy) [3] - Amplitude, Inc. has seen a 14.7% increase in the Zacks Consensus Estimate for its full-year earnings over the past quarter, indicating improved analyst sentiment [4] Group 2 - Year-to-date, Amplitude, Inc. has returned approximately 17.4%, significantly outperforming the Business Services sector average return of 3.5% [4] - Amplitude, Inc. is part of the Technology Services industry, which includes 129 stocks and currently ranks 48 in the Zacks Industry Rank, with an average gain of 5.2% this year [6] - Another stock in the Business Services sector, LiveRamp (RAMP), has also outperformed the sector with a year-to-date return of 7.4% and a Zacks Rank of 2 (Buy) [5][6]