Amplitude (NASDAQ:AMPL) Issues FY 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.060-0.080 for the period, compared to the consensus earnings per share estimate of -0.080. The company issued revenue guidance of $407.2 million-$411.2 million, compared to the consensus revenue estimate of $400.4 million. Amplitude also updated its Q3 2026 guidance to 0.020-0.030 EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AMPL shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Amplitude in a research report on Tuesday, July 21st. Bank of America reissued a “neutral” rating and issued a $8.00 price target (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. Piper Sandler raised their price objective on shares of Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a research report on Thursday. BTIG Research lifted their target price on shares of Amplitude from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday. Finally, DA Davidson boosted their target price on shares of Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Amplitude currently has an average rating of “Moderate Buy” and a consensus price target of $12.95.

Amplitude Price Performance

Shares of AMPL stock traded up $0.76 during trading on Thursday, reaching $10.77. The company had a trading volume of 4,629,460 shares, compared to its average volume of 2,243,551. The firm’s 50 day simple moving average is $8.19 and its two-hundred day simple moving average is $7.60. Amplitude has a one year low of $5.51 and a one year high of $14.49. The company has a market capitalization of $1.12 billion, a PE ratio of -16.07 and a beta of 1.42.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The company had revenue of $100.89 million during the quarter, compared to analysts’ expectations 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. Analysts forecast that Amplitude will post -0.59 earnings per share for the current year.

Insider Activity at Amplitude

In other news, Director Catherine Wong sold 7,453 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 111,462 shares in the company, valued at $756,826.98. The trade was a 6.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Curtis Liu sold 22,201 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $8.03, for a total value of $178,274.03. Following the completion of the sale, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at $8,068,375.37. This represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 21.59% of the company’s stock.

More Amplitude News

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Revenue beat and stronger outlook: Amplitude reported Q2 revenue of $100.89 million, above the $98.16 million consensus estimate. Management forecast third-quarter revenue of $105.6 million–$108.0 million and full-year revenue of $407.2 million–$411.2 million, both ahead of analyst expectations. Amplitude Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Profitability guidance exceeded expectations: Amplitude projected third-quarter EPS of $0.02–$0.03 versus a consensus estimate of breakeven, while full-year EPS guidance of $0.06–$0.08 was well above the previously cited analyst estimate of a $0.08 loss. Amplitude Q2 Sales and Outlook
• Positive Sentiment: Analyst optimism increased: BTIG Research raised its price target from $10 to $13 and assigned a Buy rating. Piper Sandler also lifted its target from $11 to $13 and upgraded its view to Overweight, supporting the stock’s upward move.
• Neutral Sentiment: Quarterly loss matched expectations: Amplitude reported a Q2 loss of $0.01 per share, in line with consensus and compared with earnings of $0.01 per share a year earlier. Amplitude Reports Q2 Loss and Revenue Beat
• Negative Sentiment: Profitability remains weak: The company continues to report a negative net margin and negative return on equity, indicating that the improved outlook has not yet translated into sustained current-period profitability.

Institutional Investors Weigh In On Amplitude

A number of institutional investors have recently added to or reduced their stakes in the company. PharVision Advisers LLC acquired a new position in Amplitude in the 3rd quarter valued at approximately $174,000. Jain Global LLC bought a new stake in shares of Amplitude during the third quarter valued at approximately $167,000. Caxton Associates LLP raised its stake in shares of Amplitude by 31.0% in the second quarter. Caxton Associates LLP now owns 16,792 shares of the company’s stock valued at $208,000 after purchasing an additional 3,971 shares in the last quarter. Diversify Advisory Services LLC bought a new position in Amplitude in the second quarter worth $143,000. Finally, Jump Financial LLC acquired a new stake in Amplitude during the second quarter worth $208,000. 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.