Amplitude (NASDAQ:AMPL) Stock Price Expected to Rise, BTIG Research Analyst Says

Amplitude (NASDAQ:AMPLGet Free Report) had its price objective raised by research analysts at BTIG Research from $10.00 to $13.00 in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price objective indicates a potential upside of 15.45% from the company’s previous close.

AMPL has been the subject of a number of other research reports. Citigroup boosted their price objective on Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. 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 target price on the stock. Piper Sandler upped their price target on shares of Amplitude from $9.00 to $11.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Bank of America reiterated a “neutral” rating and set a $8.00 price target (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Amplitude in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Amplitude has an average rating of “Moderate Buy” and a consensus price target of $12.55.

Get Our Latest Report on Amplitude

Amplitude Price Performance

Shares of AMPL opened at $11.26 on Thursday. Amplitude has a 1-year low of $5.51 and a 1-year high of $12.80. The stock has a market cap of $1.17 billion, a PE ratio of -15.01 and a beta of 1.42. The firm has a fifty day moving average price of $8.34 and a 200 day moving average price of $7.64.

Amplitude (NASDAQ:AMPLGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). Amplitude had a negative return on equity of 37.97% and a negative net margin of 26.59%.The company had revenue of $100.89 million for the quarter, compared to analyst estimates of $98.16 million. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. As a group, equities analysts expect that Amplitude will post -0.59 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CTO Curtis Liu sold 22,201 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $8.03, for a total value of $178,274.03. Following the completion of the sale, the chief technology officer owned 1,004,779 shares in the company, valued at $8,068,375.37. This trade represents a 2.16% 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, Director Catherine Wong sold 7,453 shares of the firm’s stock in a transaction dated 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 disclosure for this sale is available in the SEC filing. 21.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. raised its stake in shares of Amplitude by 2,126.0% during the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock worth $51,590,000 after buying an additional 3,973,575 shares during the last quarter. Wellington Management Group LLP grew its stake 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. grew its stake 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. Arrowstreet Capital Limited Partnership purchased a new position in Amplitude during the 1st quarter valued at about $3,930,000. Finally, Dimensional Fund Advisors LP increased its holdings in Amplitude by 368.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after acquiring an additional 485,752 shares in the last quarter. 73.20% of the stock is owned by hedge funds and other institutional investors.

Amplitude Company Profile

(Get Free Report)

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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Analyst Recommendations for Amplitude (NASDAQ:AMPL)

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