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

Amplitude (NASDAQ:AMPL) had its price objective reduced by BTIG Research from $14.00 to $10.00 in a report released on Thursday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Other analysts have also issued research reports about the stock. UBS Group upgraded shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a research report on Friday, October 31st. Robert W. Baird raised 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 restated a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. Morgan Stanley set a $16.00 price target on Amplitude and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Finally, Piper Sandler dropped their price objective on Amplitude from $16.00 to $12.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Amplitude currently has an average rating of “Moderate Buy” and an average target price of $13.18.

Amplitude Stock Down 1.1%

Shares of AMPL stock opened at $7.08 on Thursday. Amplitude has a 52-week low of $5.99 and a 52-week high of $14.49. The stock has a market cap of $946.53 million, a PE ratio of -10.57 and a beta of 1.48. The business has a 50-day simple moving average of $9.77 and a 200-day simple moving average of $10.41.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. Amplitude had a negative return on equity of 31.40% and a negative net margin of 25.80%.The company had revenue of $91.43 million during the quarter, compared to analysts’ expectations of $90.35 million. During the same period last year, the business earned $0.02 earnings per share. Amplitude’s quarterly 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. Sell-side analysts anticipate that Amplitude will post -0.62 earnings per share for the current fiscal year.

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

Insider Activity at Amplitude

In related news, Director Erica Schultz sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $10.88, for a total transaction of $108,800.00. Following the completion of the sale, the director directly owned 114,906 shares in the company, valued at approximately $1,250,177.28. The trade was a 8.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Spenser Skates sold 42,743 shares of the 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 SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 52,843 shares of company stock valued at $623,343. 23.83% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amplitude

A number of large investors have recently modified their holdings of AMPL. ProShare Advisors LLC raised its position in shares of Amplitude by 5.6% in the second quarter. ProShare Advisors LLC now owns 17,865 shares of the company’s stock valued at $222,000 after buying an additional 955 shares during the last quarter. Blue Trust Inc. grew its stake in Amplitude by 3.9% during the 3rd quarter. Blue Trust Inc. now owns 34,092 shares of the company’s stock valued at $365,000 after acquiring an additional 1,265 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Amplitude by 2.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,739 shares of the company’s stock valued at $592,000 after acquiring an additional 1,340 shares during the last quarter. HighTower Advisors LLC lifted its stake in Amplitude by 4.4% in the 4th quarter. HighTower Advisors LLC now owns 37,791 shares of the company’s stock worth $438,000 after purchasing an additional 1,607 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of Amplitude by 57.8% during 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 during the last quarter. 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: Board-approved $100 million share buyback (up to ~11.8% of shares) signals management thinks the stock is undervalued; buybacks can support the share price and EPS. RTT News: Buyback
• Positive Sentiment: Q4 results: revenue of $91.4M beat estimates and EPS of $0.04 met expectations; revenue growth of ~17% y/y and management set FY2026 revenue growth target of ~15% driven by AI agent adoption (agents now ~25% of queries). These metrics and AI adoption narrative support bullish sentiment. MSN: AI growth & results
• Neutral Sentiment: Company provided Q1 & FY26 EPS guidance (FY26: $0.080–0.130; Q1: -$0.020 to -$0.010). Guidance shows path toward profitability but still modest; impact depends on execution. Marketbeat: Guidance & metrics
• Neutral Sentiment: Multiple earnings call transcripts and presentations provide more color on product launches (agentic analytics) and customer traction — useful for long‑term thesis but less likely to move price immediately. Seeking Alpha: Call transcript
• Negative Sentiment: Several Wall Street firms trimmed price targets (KeyCorp $16→$14, Piper Sandler $12→$10, BTIG $14→$10) even while keeping buy/overweight ratings — this reduces near‑term analyst upside and may pressure sentiment. Benzinga: PT cuts
• Negative Sentiment: Market reaction appears muted or negative despite the buyback and decent revenue — likely because Amplitude remains unprofitable (negative net margin/ROE), EPS forecasts for the year remain negative, and some investors may be wary of valuation given prior highs. Zacks: Meets estimates
• Neutral Sentiment: Short‑interest entries in filings show odd/zero values and NaN increases (likely a data/reporting anomaly); current reported days‑to‑cover is 0.0 — not actionable until clearer data is available. (internal short‑interest entries)

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.