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

Amplitude (NASDAQ:AMPL) had its target price trimmed by Piper Sandler from $12.00 to $10.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

AMPL has been the topic of several other reports. UBS Group raised 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. BTIG Research decreased their target price on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday. Robert W. Baird boosted their price target 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 reaffirmed a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. Finally, Morgan Stanley set a $16.00 target price on Amplitude and gave the company an “overweight” rating in a report on Thursday, January 15th. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.18.

Amplitude Stock Down 1.1%

AMPL opened at $7.08 on Thursday. Amplitude has a 52 week low of $5.99 and a 52 week high of $14.49. The business’s 50 day moving average is $9.77 and its two-hundred day moving average is $10.41. The firm has a market cap of $946.53 million, a price-to-earnings ratio of -10.57 and a beta of 1.48.

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. The business had revenue of $91.43 million for the quarter, compared to analyst estimates of $90.35 million. Amplitude had a negative net margin of 25.80% and a negative return on equity of 31.40%. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period last year, the firm posted $0.02 earnings per share. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. Equities analysts expect that Amplitude will post -0.62 EPS for the current fiscal year.

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

Insiders Place Their Bets

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

Institutional Investors Weigh In On Amplitude

A number of institutional investors and hedge funds have recently modified their holdings of AMPL. ProShare Advisors LLC increased its stake in Amplitude by 5.6% in the 2nd quarter. ProShare Advisors LLC now owns 17,865 shares of the company’s stock valued at $222,000 after purchasing an additional 955 shares in the last quarter. Blue Trust Inc. grew its holdings in Amplitude by 3.9% in the third quarter. Blue Trust Inc. now owns 34,092 shares of the company’s stock valued at $365,000 after purchasing an additional 1,265 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Amplitude by 2.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,739 shares of the company’s stock worth $592,000 after buying an additional 1,340 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of 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 buying an additional 1,607 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after acquiring 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: 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.