Analysts Set Amplitude, Inc. (NASDAQ:AMPL) PT at $12.55

Amplitude, Inc. (NASDAQ:AMPL) has earned a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $12.55.

Several research analysts recently commented on AMPL shares. Bank of America reaffirmed a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. DA Davidson boosted their target price on shares of Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a report on Thursday, August 6th. Citigroup increased their target price on Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Morgan Stanley raised their price target on Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Piper Sandler lifted their price target on Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th.

Amplitude Stock Down 2.0%

NASDAQ AMPL opened at $13.03 on Monday. The company has a market cap of $1.32 billion, a PE ratio of -17.37 and a beta of 1.42. Amplitude has a 52 week low of $5.51 and a 52 week high of $13.58. The firm’s 50-day simple moving average is $8.80 and its two-hundred day simple moving average is $7.73.

Amplitude (NASDAQ:AMPL) last posted its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. The firm had revenue of $100.89 million during the quarter, compared to the consensus estimate of $98.16 million. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. As a group, equities research analysts anticipate that Amplitude will post -0.63 EPS for the current year.

Insider Transactions at Amplitude

In other Amplitude news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction dated Friday, June 12th. The stock was 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 $756,826.98. The trade was a 6.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $8.03, for a total value of $178,274.03. Following the sale, the chief technology officer owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. This represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 21.59% of the company’s stock.

Hedge Funds Weigh In On Amplitude

Large investors have recently modified their holdings of the company. Quarry LP bought a new stake in Amplitude during the 3rd quarter worth approximately $32,000. Osaic Holdings Inc. lifted its stake in Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after purchasing an additional 1,879 shares in the last quarter. Morse Asset Management Inc bought a new position in Amplitude in the 4th quarter valued at $116,000. Kemnay Advisory Services Inc. bought a new position in Amplitude in the 4th quarter valued at $119,000. Finally, Merit Financial Group LLC purchased a new position in shares of Amplitude during the 4th quarter valued at $120,000. 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.