Amplitude (NASDAQ:AMPL) Stock Rating Upgraded by Raymond James Financial

Amplitude (NASDAQ:AMPL) was upgraded by stock analysts at Raymond James Financial to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms have also issued reports on AMPL. Bank of America restated a “neutral” rating and issued a $8.00 target price (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Weiss Ratings downgraded Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Finally, Piper Sandler dropped their price target on Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Amplitude has a consensus rating of “Moderate Buy” and a consensus price target of $12.20.

Amplitude Trading Up 11.8%

NASDAQ AMPL opened at $8.55 on Tuesday. The stock’s 50-day moving average price is $6.98 and its two-hundred day moving average price is $7.99. The company has a market cap of $888.09 million, a PE ratio of -12.76 and a beta of 1.44. Amplitude has a 1 year low of $5.51 and a 1 year high of $14.49.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The firm had revenue of $93.49 million for the quarter, compared to analysts’ expectations of $92.95 million. The firm’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. Research analysts forecast that Amplitude will post -0.59 EPS for the current fiscal year.

Insider Buying and Selling

In other Amplitude news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction on Friday, June 12th. The shares were sold at an average price of $6.79, for a total transaction of $50,605.87. Following the completion of the sale, the director owned 111,462 shares of the company’s stock, valued at $756,826.98. This trade represents a 6.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CTO Curtis Liu sold 22,201 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the transaction, the chief technology officer owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. This represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 47,240 shares of company stock valued at $371,678. Insiders own 21.59% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of Amplitude by 120.7% during the 1st quarter. AQR Capital Management LLC now owns 226,486 shares of the company’s stock worth $2,308,000 after purchasing an additional 123,886 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Amplitude by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,399 shares of the company’s stock valued at $473,000 after buying an additional 2,038 shares in the last quarter. NewEdge Advisors LLC acquired a new position in Amplitude in the first quarter worth approximately $580,000. Jones Financial Companies Lllp increased its holdings in Amplitude by 93,569.0% in the first quarter. Jones Financial Companies Lllp now owns 93,669 shares of the company’s stock worth $954,000 after buying an additional 93,569 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Amplitude by 60.0% during the first quarter. Goldman Sachs Group Inc. now owns 473,491 shares of the company’s stock valued at $4,825,000 after acquiring an additional 177,599 shares in the last quarter. Hedge funds and other institutional investors own 73.20% of the company’s stock.

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.