Piper Sandler Lowers Amplitude (NASDAQ:AMPL) Price Target to $10.00

Amplitude (NASDAQ:AMPL) had its target price decreased by equities research analysts at Piper Sandler from $12.00 to $10.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Piper Sandler’s target price points to a potential upside of 39.28% from the company’s current price.

A number of other brokerages also recently commented on AMPL. Robert W. Baird lifted their target price on Amplitude from $14.00 to $15.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. BTIG Research reduced their price objective on Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday. Morgan Stanley set a $16.00 price objective on Amplitude and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Amplitude in a report on Monday, December 29th. Finally, UBS Group upgraded shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price objective on the stock in a research report on Friday, October 31st. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Amplitude currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.80.

Amplitude Price Performance

Shares of AMPL opened at $7.18 on Thursday. The stock has a market capitalization of $959.89 million, a PE ratio of -8.97 and a beta of 1.48. The business’s fifty day moving average price is $9.93 and its 200 day moving average price is $10.48. Amplitude has a 12-month low of $5.99 and a 12-month high of $14.88.

Amplitude (NASDAQ:AMPL) last issued 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 net margin of 31.36% and a negative return on equity of 36.27%. The company had revenue of $91.43 million for the quarter, compared to analysts’ expectations of $90.35 million. During the same period in the prior year, the company earned $0.02 earnings per share. The firm’s revenue was up 17.0% compared to the same quarter last year. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. As a group, research analysts anticipate that Amplitude will post -0.62 earnings per share for the current fiscal year.

Amplitude announced that its board has authorized a stock repurchase program on Wednesday, February 18th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 11.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, CEO Spenser Skates sold 42,743 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The stock was sold at an average price of $12.01, for a total transaction of $513,343.43. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Erica Schultz sold 10,000 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $10.88, for a total value of $108,800.00. Following the transaction, the director directly owned 114,906 shares of the company’s stock, valued at approximately $1,250,177.28. The trade was a 8.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 52,843 shares of company stock worth $623,343. 23.83% of the stock is owned by corporate insiders.

Institutional Trading of Amplitude

Several institutional investors have recently modified their holdings of the company. ProShare Advisors LLC grew its holdings in Amplitude by 5.6% during the second quarter. ProShare Advisors LLC now owns 17,865 shares of the company’s stock worth $222,000 after acquiring an additional 955 shares during the period. Blue Trust Inc. grew its stake in shares of Amplitude by 3.9% in the 3rd quarter. Blue Trust Inc. now owns 34,092 shares of the company’s stock worth $365,000 after purchasing an additional 1,265 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Amplitude by 2.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,739 shares of the company’s stock worth $592,000 after purchasing an additional 1,340 shares in the last quarter. HighTower Advisors LLC lifted its stake in Amplitude by 4.4% during the fourth quarter. HighTower Advisors LLC now owns 37,791 shares of the company’s stock valued at $438,000 after purchasing an additional 1,607 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its stake in Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after purchasing an additional 1,879 shares during the last quarter. Institutional investors and hedge funds 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.