1 Under-the-Radar AI Stock That Looks Like a Screaming Buy Right Now

Core Insights - Amplitude is experiencing a resurgence in revenue growth, attributed to the launch of its new AI platform, which has led to its fastest revenue growth in over two years [3][4] - The company reported an 18% revenue growth in Q3, reaching $88.6 million, surpassing the consensus estimate of $86.3 million [3] - Remaining performance obligations (RPO) increased by 37% to $391.9 million, indicating a trend towards longer-term contracts from customers [4] AI Platform Development - Amplitude has introduced several AI features, including the Model Context Protocol (MCP), which connects AI assistants to the platform, enhancing data accessibility for customers [5][6] - The company also launched AI Visibility, a tool for optimizing performance in AI searches, and AI Feedback, which aggregates and summarizes customer feedback from various sources [6][7] Market Position and Future Outlook - Amplitude is positioned as a smaller player in the software and analytics market, competing against larger entities like Google Analytics and Adobe Analytics [10] - The company is projected to achieve revenues between $340.8 million and $342.8 million, with a market cap of approximately $1.3 billion, resulting in a price-to-sales ratio of 4 [10] - If the AI platform gains traction, there is potential for significant stock price appreciation [10]