Amplitude (NASDAQ:AMPL – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.060-0.080 for the period, compared to the consensus estimate of -0.080. The company issued revenue guidance of $407.2 million-$411.2 million, compared to the consensus revenue estimate of $400.4 million. Amplitude also updated its Q3 2026 guidance to 0.020-0.030 EPS.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. Piper Sandler raised their price target on shares of Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a report on Thursday. UBS Group upped their price objective on shares of Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research note on Thursday. BTIG Research increased their target price on shares of Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday. Citigroup reissued a “neutral” rating on shares of Amplitude in a research note on Friday. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Amplitude in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $12.45.
View Our Latest Analysis on AMPL
Amplitude Stock Performance
Amplitude (NASDAQ:AMPL – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The firm had revenue of $100.89 million for the quarter, compared to analyst estimates of $98.16 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 37.97%. 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, analysts expect that Amplitude will post -0.59 EPS for the current fiscal year.
Insiders Place Their Bets
In related 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 value of $50,605.87. Following the completion of the sale, the director owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. The trade was a 6.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $8.03, for a total transaction of $178,274.03. Following the completion of the sale, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at $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. 21.59% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Quarry LP bought a new position in shares of Amplitude in the 3rd quarter valued at approximately $32,000. Osaic Holdings Inc. boosted its position in Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after purchasing an additional 1,879 shares during the period. Schonfeld Strategic Advisors LLC acquired a new position in Amplitude during the third quarter valued at approximately $113,000. Magnetar Financial LLC acquired a new position in Amplitude during the fourth quarter valued at approximately $122,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Amplitude in the third quarter valued at approximately $125,000. Institutional investors and hedge funds 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.
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