Amplitude (NASDAQ:AMPL) Sets New 52-Week Low – Here’s What Happened

Amplitude, Inc. (NASDAQ:AMPL)’s stock price hit a new 52-week low on Thursday . The company traded as low as $5.91 and last traded at $5.7930, with a volume of 177188 shares traded. The stock had previously closed at $6.27.

Wall Street Analysts Forecast Growth

AMPL has been the subject of several recent research reports. Robert W. Baird upped their price target on Amplitude from $14.00 to $15.00 and gave the stock an “outperform” rating in a report on Friday, December 19th. BTIG Research decreased their price target on Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Piper Sandler decreased their price target on Amplitude from $12.00 to $10.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. DA Davidson decreased their price target on Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, KeyCorp decreased their price target on Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Ten equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Amplitude presently has an average rating of “Moderate Buy” and an average price target of $13.00.

Amplitude Price Performance

The firm has a market cap of $606.82 million, a P/E ratio of -8.76 and a beta of 1.48. The company has a fifty day moving average of $7.21 and a 200-day moving average of $9.43.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.04. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.Amplitude’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 earnings per share. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. On average, sell-side analysts expect that Amplitude, Inc. will post -0.62 EPS for the current fiscal year.

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

Institutional Inflows and Outflows

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