Amplitude, Inc. (NASDAQ:AMPL) Given Average Rating of “Moderate Buy” by Analysts

Shares of Amplitude, Inc. (NASDAQ:AMPL) have earned an average recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $12.4444.

Several analysts have commented on the stock. DA Davidson decreased their price objective on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. KeyCorp dropped their price objective on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Piper Sandler dropped their price objective on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Bank of America reaffirmed a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. Finally, UBS Group dropped their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th.

Insider Activity at Amplitude

In other news, CTO Curtis Liu sold 17,586 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $8.12, for a total transaction of $142,798.32. Following the sale, the chief technology officer owned 1,067,259 shares of the company’s stock, valued at $8,666,143.08. This trade represents a 1.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 21.59% of the stock is owned by insiders.

Institutional Investors Weigh In On Amplitude

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Quantinno Capital Management LP grew its stake in shares of Amplitude by 1,683.8% during the 1st quarter. Quantinno Capital Management LP now owns 370,515 shares of the company’s stock worth $2,527,000 after purchasing an additional 349,744 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Amplitude during the 1st quarter worth approximately $3,930,000. First Trust Advisors LP grew its stake in shares of Amplitude by 362.8% during the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock worth $2,896,000 after purchasing an additional 332,830 shares during the period. Madison Asset Management LLC grew its stake in shares of Amplitude by 302.6% during the 1st quarter. Madison Asset Management LLC now owns 314,060 shares of the company’s stock worth $2,142,000 after purchasing an additional 236,060 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Amplitude by 368.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after buying an additional 485,752 shares in the last quarter. Institutional investors and hedge funds own 73.20% of the company’s stock.

Amplitude Stock Up 2.1%

Shares of Amplitude stock opened at $6.84 on Wednesday. Amplitude has a 52 week low of $5.51 and a 52 week high of $14.49. The company has a 50 day moving average price of $6.71 and a 200 day moving average price of $8.59. The firm has a market capitalization of $710.47 million, a P/E ratio of -10.21 and a beta of 1.43.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The business had revenue of $93.49 million for the quarter, compared to analyst estimates of $92.95 million. The business’s revenue for the quarter was up 16.9% on a year-over-year basis. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. As a group, research analysts anticipate that Amplitude will post -0.59 earnings per share for the current fiscal year.

Amplitude announced that its Board of Directors has approved a share repurchase program on Wednesday, February 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 11.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

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.