Amplitude (NASDAQ:AMPL) Receives Neutral Rating from Bank of America

Bank of America reaffirmed their neutral rating on shares of Amplitude (NASDAQ:AMPL) in a research note released on Thursday morning, MarketBeat.com reports. Bank of America currently has a $8.00 price objective on the stock, down from their prior price objective of $10.00.

Several other brokerages also recently commented on AMPL. BTIG Research decreased their price objective on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Morgan Stanley set a $16.00 price objective on shares of Amplitude and gave the company an “overweight” rating in a research report on Thursday, January 15th. DA Davidson decreased their price objective on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Weiss Ratings downgraded shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. Finally, UBS Group decreased their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Nine equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $12.44.

Amplitude Stock Up 5.2%

AMPL traded up $0.31 during trading on Thursday, hitting $6.22. The company’s stock had a trading volume of 1,990,866 shares, compared to its average volume of 2,004,970. Amplitude has a one year low of $5.51 and a one year high of $14.49. The firm has a market cap of $644.99 million, a PE ratio of -9.26 and a beta of 1.43. The business’s 50 day simple moving average is $7.00 and its 200-day simple moving average is $8.91.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Amplitude had a negative return on equity of 33.48% and a negative net margin of 25.11%.The business had revenue of $93.49 million during the quarter, compared to the consensus estimate of $92.95 million. The company’s revenue was up 16.9% compared to the same quarter last year. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. Equities research analysts expect that Amplitude will post -0.63 EPS for the current fiscal year.

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

Insider Activity at Amplitude

In other news, CTO Curtis Liu sold 17,586 shares of the firm’s stock in a transaction 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 directly owned 1,067,259 shares in the company, 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 at this hyperlink. 21.59% of the stock is owned by insiders.

Institutional Trading of Amplitude

A number of institutional investors and hedge funds have recently bought and sold shares of AMPL. Alliancebernstein L.P. increased its holdings in Amplitude by 2,126.0% in the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock valued at $51,590,000 after acquiring an additional 3,973,575 shares during the last quarter. TimesSquare Capital Management LLC bought a new stake in Amplitude in the 3rd quarter valued at $21,922,000. Wellington Management Group LLP increased its holdings in 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 acquiring an additional 1,797,228 shares during the last quarter. Vanguard Group Inc. increased its holdings in Amplitude by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock valued at $125,360,000 after acquiring an additional 934,350 shares during the last quarter. Finally, Baillie Gifford & Co. increased its holdings in Amplitude by 35.5% in the 3rd quarter. Baillie Gifford & Co. now owns 2,681,896 shares of the company’s stock valued at $28,750,000 after acquiring an additional 703,328 shares during the last quarter. 73.20% of the stock is currently owned by institutional investors.

Key Headlines Impacting Amplitude

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Raised FY?2026 outlook — management raised full?year guidance to $397M–$403M revenue and EPS $0.03–$0.06, giving improved FY profitability visibility relative to prior expectations. Amplitude Announces First Quarter 2026 Financial Results
• Positive Sentiment: Revenue beat and solid growth — Q1 revenue of $93.49M was ~16.9% y/y and slightly above Street estimates, supporting the company’s SaaS growth story and adoption of new pricing. Q1 Press Release / Slide Deck
• Positive Sentiment: Incremental ARR from Statsig partnership — Amplitude disclosed roughly $16M of incremental ARR tied to the Statsig relationship, a concrete revenue contribution that supports the FY guide. MSN – Statsig ARR
• Neutral Sentiment: Earnings materials and transcripts posted — the earnings slide deck and call transcript are available for deeper due diligence on customer metrics, pricing rollout and AI/product traction. Useful for investors parsing revenue quality vs. profitability trends. Earnings Call Transcript
• Negative Sentiment: EPS miss — GAAP/non?GAAP loss of $0.02 in Q1 missed the consensus loss of $0.01, keeping short?term profitability concerns top of mind for traders. Zacks – Q1 Results
• Negative Sentiment: Weaker near?term guide — Q2 EPS guidance of -$0.02 to -$0.01 is slightly below consensus, which amplified concern that margin expansion will lag revenue strength in the near term. Q1 Press Release / Slide Deck
• Negative Sentiment: Analyst downgrade citing execution risk — Bank of America cut its price target and flagged execution risk tied to the company’s push around the Statsig initiative, a driver of near?term sentiment weakness. Yahoo – BofA Downgrade
• Negative Sentiment: Insider sale — CTO Curtis Liu sold ~17.6k shares, which can add to negative optics even though his remaining stake is large. InsiderTrades – Insider Sale
• Negative Sentiment: Market focus on mixed print — coverage noted an immediate sell?off after the release as investors prioritized the EPS miss and near?term guide over the top?line beat and FY improvement. SiliconANGLE – Market Reaction

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.