BTIG Research Cuts Amplitude (NASDAQ:AMPL) Price Target to $10.00

Amplitude (NASDAQ:AMPL) had its target price decreased by analysts at BTIG Research from $14.00 to $10.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price target suggests a potential upside of 39.28% from the stock’s current price.

A number of other brokerages also recently issued reports on AMPL. Morgan Stanley set a $16.00 price objective on shares of Amplitude and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Piper Sandler lowered their price objective on Amplitude from $16.00 to $12.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Robert W. Baird upped their target price on Amplitude from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, December 19th. Weiss Ratings reissued a “sell (d-)” rating on shares of Amplitude in a report on Monday, December 29th. Finally, UBS Group upgraded Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Friday, October 31st. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Amplitude currently has a consensus rating of “Moderate Buy” and an average target price of $13.80.

Amplitude Stock Up 13.2%

Shares of AMPL stock opened at $7.18 on Thursday. The firm has a market cap of $959.89 million, a price-to-earnings ratio of -8.97 and a beta of 1.48. Amplitude has a 52-week low of $5.99 and a 52-week high of $14.88. The company’s 50 day moving average is $9.93 and its 200 day moving average is $10.48.

Amplitude (NASDAQ:AMPL) last posted its earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. Amplitude had a negative return on equity of 36.27% and a negative net margin of 31.36%.The company had revenue of $91.43 million during the quarter, compared to analyst estimates of $90.35 million. During the same quarter in the prior year, the business earned $0.02 earnings per share. Amplitude’s revenue was up 17.0% on a year-over-year basis. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. Analysts anticipate that Amplitude will post -0.62 EPS for the current fiscal year.

Amplitude declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to repurchase up to 11.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at Amplitude

In other Amplitude news, CEO Spenser Skates sold 42,743 shares of the company’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $12.01, for a total value of $513,343.43. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Erica Schultz sold 10,000 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $10.88, for a total value of $108,800.00. Following the sale, the director directly owned 114,906 shares in the company, valued at $1,250,177.28. This represents a 8.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,843 shares of company stock valued at $623,343 in the last ninety days. Corporate insiders own 23.83% of the company’s stock.

Institutional Trading of Amplitude

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in Amplitude by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock valued at $125,360,000 after acquiring an additional 934,350 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Amplitude by 44.8% during the 3rd 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 stake 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 valued at $31,751,000 after purchasing an additional 59,984 shares during the period. Nuveen LLC boosted its holdings in Amplitude by 18.8% during the fourth quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock worth $30,636,000 after buying an additional 418,376 shares in the last quarter. Finally, TimesSquare Capital Management LLC grew its position in Amplitude by 22.9% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after buying an additional 468,418 shares during the period. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Amplitude News Summary

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Management issued materially stronger FY‑2026 guidance (EPS $0.08–0.13 vs. consensus negative) and raised revenue targets, signaling a path to profitability and better-than-expected growth prospects. Earnings Release
• Positive Sentiment: Company outlined a 15% revenue growth target for 2026 and said AI agents now drive ~25% of platform queries — a product-led growth narrative that supports higher customer engagement and incremental monetization. MSN: Revenue Target & AI Usage
• Positive Sentiment: Board authorized a $100M share repurchase (about 11.8% of shares), which reduces float and signals management thinks the stock is undervalued — typically supportive for the share price. RTT News: Buyback
• Positive Sentiment: Q4 revenue of $91.4M topped estimates (consensus ≈ $90.4M) and revenue grew ~17% YoY — the top line beat reinforces the better FY outlook. MSN: Q4 Sales Beat
• Positive Sentiment: Amplitude launched “agentic” AI analytics (new product capability) that management says automates monitoring and discovery — a strategic product move that could expand usage and upsell. SiliconANGLE: Agentic Analytics
• Neutral Sentiment: EPS of $0.04 met consensus (in line with estimates), so there was no surprise on the bottom line — performance is steady but not a margin shock. Zacks: EPS Met
• Negative Sentiment: The company remains unprofitable on GAAP margins (negative net margin and ROE) — improving guidance reduces but does not eliminate execution risk; competition in analytics/AI is intensifying, which could pressure pricing and growth over time. Kalkine: Competitive Risks

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.