Amplitude (NASDAQ:AMPL) Price Target Cut to $10.00 by Analysts at BTIG Research

Amplitude (NASDAQ:AMPL) had its target price trimmed by BTIG Research from $14.00 to $10.00 in a research note published on Thursday morning, MarketBeat reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently commented on AMPL. UBS Group upgraded shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Friday, October 31st. Piper Sandler reduced their target price on Amplitude from $16.00 to $12.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Morgan Stanley set a $16.00 target price on Amplitude and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Robert W. Baird increased their price target on Amplitude from $14.00 to $15.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. Ten investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $13.18.

Amplitude Trading Down 0.3%

Shares of AMPL opened at $7.16 on Thursday. The business’s 50 day moving average is $9.85 and its 200 day moving average is $10.46. The company has a market capitalization of $957.22 million, a PE ratio of -10.69 and a beta of 1.48. Amplitude has a 12-month low of $5.99 and a 12-month high of $14.88.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. The business had revenue of $91.43 million during the quarter, compared to the consensus estimate of $90.35 million. Amplitude had a negative return on equity of 31.40% and a negative net margin of 25.80%.The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 EPS. 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 research analysts predict that Amplitude will post -0.62 earnings per share for the current year.

Amplitude announced that its Board of Directors has authorized a stock buyback program on Wednesday, February 18th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 11.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Erica Schultz sold 10,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $10.88, for a total transaction of $108,800.00. Following the sale, the director owned 114,906 shares in the company, valued at approximately $1,250,177.28. This represents a 8.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Spenser Skates sold 42,743 shares of the firm’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $12.01, for a total value of $513,343.43. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 52,843 shares of company stock worth $623,343. Company insiders own 23.83% of the company’s stock.

Institutional Investors Weigh In On Amplitude

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Amplitude by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after acquiring an additional 934,350 shares during the last quarter. Alliancebernstein L.P. raised its position in Amplitude by 44.8% in the 3rd quarter. Alliancebernstein L.P. now owns 6,025,390 shares of the company’s stock worth $64,592,000 after purchasing an additional 1,864,909 shares during the period. Baillie Gifford & Co. lifted its stake in Amplitude by 2.2% in the fourth quarter. Baillie Gifford & Co. now owns 2,741,880 shares of the company’s stock worth $31,751,000 after purchasing an additional 59,984 shares during the last quarter. Nuveen LLC boosted its position in shares of Amplitude by 18.8% during the fourth quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock valued at $30,636,000 after buying an additional 418,376 shares during the period. Finally, TimesSquare Capital Management LLC grew its stake in shares of Amplitude by 22.9% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after buying an additional 468,418 shares during the last quarter. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Amplitude News Summary

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Q4 results beat revenue expectations and management issued stronger-than-expected guidance: revenue of $91.4M (+17% YoY) topped estimates and the company gave FY2026 EPS guidance of $0.08–0.13 (vs. street estimates that were negative) and Q1 EPS guidance better than consensus. This is the main fundamental bullish catalyst supporting the rally that followed the release. Business Wire: Amplitude Announces Fourth Quarter and Fiscal Year 2025 Financial Results
• Positive Sentiment: Management launched “Agentic” AI analytics and highlighted that AI agents now drive ~25% of platform queries and set a 2026 revenue-growth target of ~15% — product momentum and AI adoption provide a growth narrative that investors reward. DestinationCRM: Amplitude Introduces Agentic AI Analytics
• Positive Sentiment: Board authorized a $100M buyback (up to ~11.8% of shares), signaling management believes the stock is undervalued and supporting near-term demand for shares. RTT News: Stock Buybacks
• Neutral Sentiment: Company met EPS consensus ($0.04) and provided slide deck + earnings call transcript for deeper inspection — useful for modeling but not a surprise after the press release. Seeking Alpha: Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Media coverage summarized the moves and product news; these stories amplified intraday volatility but don’t change the underlying earnings/guidance mix. MSN: Amplitude outlines 15% 2026 revenue growth target
• Neutral Sentiment: Short-interest notices published for February show zero reported short shares (and some data quirks/NaNs) — appears unreliable and not a current driver. (Watch for any corrected filings.)
• Negative Sentiment: Several sell-side analysts cut price targets (KeyCorp $16?$14, Piper Sandler $12?$10, BTIG $14?$10) despite keeping overweight/buy ratings — the lower targets and cautious tone cap upside and likely pressured intraday trading. StreetInsider: AMPL PT Lowered to $14 at KeyBanc

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.