KeyCorp Cuts Amplitude (NASDAQ:AMPL) Price Target to $14.00

Amplitude (NASDAQ:AMPL) had its target price reduced by KeyCorp from $16.00 to $14.00 in a report issued on Thursday, Marketbeat Ratings reports. They currently have an overweight rating on the stock.

Several other analysts also recently issued reports on the company. Morgan Stanley set a $16.00 price objective on Amplitude and gave the stock an “overweight” rating in a report on Thursday, January 15th. Robert W. Baird lifted their target price on shares of Amplitude from $14.00 to $15.00 and gave the stock 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 report on Monday, December 29th. Piper Sandler decreased their price objective on shares of Amplitude from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, UBS Group raised shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Friday, October 31st. Ten research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.18.

Amplitude Stock Performance

Shares of NASDAQ:AMPL opened at $7.08 on Thursday. The company has a market capitalization of $946.53 million, a PE ratio of -10.57 and a beta of 1.48. The stock has a fifty day moving average of $9.77 and a 200-day moving average of $10.41. Amplitude has a one year low of $5.99 and a one year high of $14.49.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $90.35 million. During the same period in the previous year, the firm earned $0.02 earnings per share. Amplitude’s revenue for the quarter 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 forecast that Amplitude will post -0.62 EPS for the current fiscal year.

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

Insider Activity

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 value 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Spenser Skates sold 42,743 shares of the company’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 value of $513,343.43. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 52,843 shares of company stock valued at $623,343. 23.83% of the stock is currently owned by corporate insiders.

Institutional Trading of Amplitude

A number of institutional investors and hedge funds have recently modified their holdings of AMPL. Quarry LP bought a new stake in shares of Amplitude during the 3rd quarter worth $32,000. State of Alaska Department of Revenue bought a new stake in Amplitude during the third quarter valued at about $48,000. Osaic Holdings Inc. grew its position in shares of Amplitude by 57.8% in 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. Morse Asset Management Inc acquired a new stake in shares of Amplitude in the fourth quarter valued at about $116,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Amplitude in the fourth quarter worth about $119,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.

More Amplitude News

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)

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.