Brokerages Set Amplitude, Inc. (NASDAQ:AMPL) Price Target at $12.44

Amplitude, Inc. (NASDAQ:AMPL) has been given a consensus rating of “Moderate Buy” by the eleven analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $12.4444.

AMPL has been the subject of several analyst reports. Weiss Ratings cut shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. UBS Group dropped their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. DA Davidson dropped their price objective on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Bank of America reiterated a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. Finally, BTIG Research dropped their target price on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th.

Amplitude Stock Up 13.7%

Shares of Amplitude stock opened at $7.82 on Wednesday. Amplitude has a twelve month low of $5.51 and a twelve month high of $14.49. The company has a 50-day simple moving average of $6.71 and a two-hundred day simple moving average of $8.54. The stock has a market capitalization of $812.26 million, a price-to-earnings ratio of -11.67 and a beta of 1.43.

Amplitude (NASDAQ:AMPL) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The business had revenue of $93.49 million during the quarter, compared to analyst estimates of $92.95 million. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. On average, sell-side analysts anticipate that Amplitude will post -0.59 earnings per share for the current fiscal year.

Amplitude declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to purchase up to 11.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Activity at Amplitude

In other news, CTO Curtis Liu sold 17,586 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $8.12, for a total value of $142,798.32. Following the completion of the transaction, the chief technology officer directly owned 1,067,259 shares in the company, valued at approximately $8,666,143.08. The trade was a 1.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 21.59% of the company’s stock.

Hedge Funds Weigh In On Amplitude

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP acquired a new position in shares of Amplitude in the 3rd quarter valued at approximately $32,000. Osaic Holdings Inc. raised its position in shares of Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after buying an additional 1,879 shares in the last quarter. Krilogy Financial LLC acquired a new position in Amplitude during the 1st quarter worth approximately $77,000. Legato Capital Management LLC acquired a new position in Amplitude during the 3rd quarter worth approximately $112,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Amplitude during the 3rd quarter worth approximately $113,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.

Amplitude Company Profile

Amplitude, Inc is a software company specializing in digital analytics and product intelligence solutions for businesses seeking to optimize user engagement and drive growth. Its core offering, the Amplitude Analytics platform, enables customers to collect and analyze behavioral data from web and mobile applications in real time. The platform provides advanced segmentation, funnel analysis, retention tracking and pathfinding tools that help product, marketing and data teams understand user journeys, identify friction points and measure the impact of new features.

Founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang, Amplitude is headquartered in Redwood City, California, with additional offices spanning North America, Europe and Asia.