Amplitude (NASDAQ:AMPL – Get Free Report) had its price target upped by research analysts at Piper Sandler from $11.00 to $13.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Piper Sandler’s target price would indicate a potential upside of 29.87% from the stock’s previous close.
AMPL has been the subject of several other reports. Raymond James Financial assumed coverage on shares of Amplitude in a report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 price target for the company. Bank of America restated a “neutral” rating and issued a $8.00 target price (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. BTIG Research increased their price target on Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday. Citigroup boosted their price objective on Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Amplitude in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $12.64.
Check Out Our Latest Report on Amplitude
Amplitude Stock Performance
Amplitude (NASDAQ:AMPL – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $100.89 million during the quarter, compared to the consensus estimate of $98.16 million. Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. On average, equities analysts predict that Amplitude will post -0.59 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Catherine Wong sold 7,453 shares of the business’s stock in a transaction 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 sale, the director directly owned 111,462 shares of the company’s stock, valued at $756,826.98. The trade was a 6.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction 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 sale, the chief technology officer directly owned 1,004,779 shares of the company’s stock, 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. Insiders own 21.59% of the company’s stock.
Institutional Trading of Amplitude
Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Amplitude by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after buying an additional 934,350 shares during the period. Alliancebernstein L.P. boosted its position in Amplitude by 44.8% during the 3rd quarter. Alliancebernstein L.P. now owns 6,025,390 shares of the company’s stock worth $64,592,000 after acquiring an additional 1,864,909 shares during the period. Baillie Gifford & Co. grew its stake in Amplitude by 2.2% during the 4th quarter. Baillie Gifford & Co. now owns 2,741,880 shares of the company’s stock valued at $31,751,000 after acquiring an additional 59,984 shares in the last quarter. Nuveen LLC increased its holdings in shares of Amplitude by 18.8% in the 4th quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock valued at $30,636,000 after purchasing an additional 418,376 shares during the period. Finally, TimesSquare Capital Management LLC increased its holdings in shares of Amplitude by 22.9% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after purchasing an additional 468,418 shares during the period. 73.20% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Amplitude
Here are the key news stories impacting Amplitude this week:
- Positive Sentiment: Full-year guidance was raised above consensus. Amplitude expects fiscal 2026 adjusted EPS of $0.06–$0.08, compared with analysts’ expectation for a $0.08 loss, and revenue of $407.2 million–$411.2 million versus the $400.4 million consensus estimate. Amplitude Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Third-quarter expectations also topped estimates. Management forecast adjusted EPS of $0.02–$0.03 and revenue of $105.6 million–$108.0 million, above consensus estimates of breakeven EPS and $102.4 million in revenue, respectively. Amplitude Reports Q2 Loss, Tops Revenue Estimates
- Positive Sentiment: Revenue exceeded expectations. Second-quarter revenue was $100.89 million, ahead of the $98.16 million analyst estimate. Management emphasized its transition toward an AI analytics platform and highlighted the strategic combination of Amplitude and Statsig. Amplitude Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Quarterly earnings matched expectations. Amplitude reported a loss of $0.01 per share, in line with consensus and weaker than the $0.01-per-share profit recorded a year earlier. The company remains unprofitable, with a negative net margin and return on equity.
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.
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