Amplitude, Inc. (NASDAQ:AMPL) Receives $12.55 Consensus PT from Brokerages

Shares of Amplitude, Inc. (NASDAQ:AMPL) have been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $12.55.

Several analysts have issued reports on the stock. Piper Sandler upped their price target on shares of Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Raymond James Financial assumed coverage on Amplitude in a research report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 target price for the company. DA Davidson increased their price objective on shares of Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research report on Thursday, August 6th. Citigroup boosted their target price on shares of Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings raised shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th.

Amplitude Stock Performance

Shares of AMPL stock opened at $12.52 on Friday. The stock’s fifty day moving average is $10.96 and its two-hundred day moving average is $8.37. The firm has a market capitalization of $1.27 billion, a P/E ratio of -16.69 and a beta of 1.50. Amplitude has a fifty-two week low of $5.51 and a fifty-two week high of $14.76.

Amplitude (NASDAQ:AMPL) last issued its earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $100.89 million during the quarter, compared to analysts’ expectations of $98.16 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. On average, equities analysts forecast that Amplitude will post -0.63 earnings per share for the current year.

Insider Transactions at Amplitude

In other news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction on Friday, June 12th. The stock was sold at an average price of $6.79, for a total transaction of $50,605.87. Following the transaction, the director directly owned 111,462 shares in the company, valued at approximately $756,826.98. This trade represents a 6.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 21.59% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Alliancebernstein L.P. raised its holdings in shares of Amplitude by 2,126.0% during the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock valued at $51,590,000 after purchasing an additional 3,973,575 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Amplitude by 783.5% in the 3rd quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock valued at $21,725,000 after purchasing an additional 1,797,228 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Amplitude by 9.4% during the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock valued at $125,360,000 after purchasing an additional 934,350 shares during the last quarter. California State Teachers Retirement System grew its stake in Amplitude by 716.4% during the second quarter. California State Teachers Retirement System now owns 718,037 shares of the company’s stock worth $5,493,000 after buying an additional 630,086 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Amplitude in the first quarter valued at approximately $3,930,000. 73.20% of the stock is owned by institutional investors and hedge funds.

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.