Amplitude (NASDAQ:AMPL) Shares Up 6.8% – Should You Buy?

Amplitude, Inc. (NASDAQ:AMPL) shares shot up 6.8% during trading on Monday . The stock traded as high as $8.68 and last traded at $8.6520. Approximately 214,373 shares traded hands during trading, a decline of 90% from the average session volume of 2,227,167 shares. The stock had previously closed at $8.10.

Analyst Ratings Changes

AMPL has been the subject of a number of research analyst reports. Piper Sandler boosted their price target on Amplitude from $9.00 to $11.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Raymond James Financial initiated coverage on Amplitude in a research note on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 price objective on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Amplitude in a research note on Tuesday, July 21st. Citigroup lifted their price target on shares of Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Finally, Bank of America reiterated a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.18.

Amplitude Stock Performance

The business has a fifty day simple moving average of $7.79 and a 200-day simple moving average of $7.70. The firm has a market cap of $911.56 million, a price-to-earnings ratio of -13.05 and a beta of 1.44.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $93.49 million for the quarter, compared to analyst estimates of $92.95 million. Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. Amplitude’s revenue for the quarter was up 16.9% compared to the same quarter last year. 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, equities analysts anticipate that Amplitude, Inc. will post -0.59 earnings per share for the current year.

Insider Activity at Amplitude

In other news, Director Catherine Wong sold 7,453 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $6.79, for a total transaction of $50,605.87. Following the completion of the transaction, the director owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. This trade represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Curtis Liu sold 22,201 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the transaction, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at $8,068,375.37. The trade was a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 47,240 shares of company stock valued at $371,678. Corporate insiders own 21.59% of the company’s stock.

Hedge Funds Weigh In On Amplitude

A number of hedge funds have recently made changes to their positions in AMPL. Vanguard Group Inc. lifted its holdings in Amplitude by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock valued at $125,360,000 after buying an additional 934,350 shares during the period. Alliancebernstein L.P. raised its position in shares of Amplitude by 44.8% during the third quarter. Alliancebernstein L.P. now owns 6,025,390 shares of the company’s stock worth $64,592,000 after purchasing an additional 1,864,909 shares during the period. Baillie Gifford & Co. lifted its holdings in shares of Amplitude by 2.2% in the 4th quarter. Baillie Gifford & Co. now owns 2,741,880 shares of the company’s stock worth $31,751,000 after purchasing an additional 59,984 shares in the last quarter. Nuveen LLC lifted its holdings in shares of Amplitude by 18.8% in the 4th quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock worth $30,636,000 after purchasing an additional 418,376 shares in the last quarter. Finally, TimesSquare Capital Management LLC grew its position in Amplitude by 22.9% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after purchasing an additional 468,418 shares during the period. 73.20% of the stock is currently owned by institutional investors.

About Amplitude

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.