Shares of Amplitude, Inc. (NASDAQ:AMPL – Get Free Report) have earned a consensus rating 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, two have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $14.30.
AMPL has been the topic of several research reports. BTIG Research upped their price target on shares of Amplitude from $13.00 to $17.00 and gave the stock a “buy” rating in a research report on Tuesday, October 20th. Citigroup increased their price objective on shares of Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Morgan Stanley raised their price objective on shares of Amplitude from $12.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Raymond James Financial started coverage on shares of Amplitude in a research note on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 target price for the company. Finally, Weiss Ratings raised shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th.
Check Out Our Latest Analysis on AMPL
Amplitude Stock Performance
Shares of NASDAQ:AMPL opened at $17.30 on Friday. The company has a market capitalization of $1.75 billion, a PE ratio of -23.07 and a beta of 1.49. Amplitude has a 52 week low of $5.51 and a 52 week high of $17.72. The company’s fifty day moving average is $14.12 and its 200-day moving average is $9.51.
Amplitude (NASDAQ:AMPL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. The company had revenue of $100.89 million during the quarter, compared to analyst estimates of $98.16 million. 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, analysts forecast that Amplitude will post -0.66 EPS for the current year.
Insider Activity at Amplitude
In other news, CEO Spenser Skates sold 70,087 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $14.52, for a total transaction of $1,017,663.24. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Nathaniel Glenn Crook sold 300,000 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $12.99, for a total transaction of $3,897,000.00. Following the completion of the sale, the insider directly owned 1,622,696 shares of the company’s stock, valued at approximately $21,078,821.04. This represents a 15.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 560,000 shares of company stock worth $7,261,156 over the last three months. 21.59% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC increased its stake in shares of Amplitude by 43.4% in the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock valued at $7,816,000 after buying an additional 309,252 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Amplitude by 368.1% during the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after acquiring an additional 485,752 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of Amplitude during the first quarter valued at $3,930,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Amplitude during the first quarter valued at $3,097,000. Finally, First Trust Advisors LP lifted its stake in shares of Amplitude by 362.8% during the first quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock valued at $2,896,000 after acquiring an additional 332,830 shares during the period. 73.20% of the stock is currently owned by institutional investors.
Amplitude Company Profile
Amplitude, Inc is a software company that provides digital analytics and product experience solutions. Its platform helps organizations collect, analyze and act on user behavior data across websites, mobile applications and other digital products.
The company’s offerings include Amplitude Analytics, which enables teams to measure user engagement, retention and conversion; experimentation tools for testing product changes; session replay capabilities for reviewing user interactions; and data management and governance features.
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