Amplitude (NASDAQ:AMPL) Reaches New 12-Month High – Should You Buy?

Amplitude, Inc. (NASDAQ:AMPLGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $12.51 and last traded at $12.5130, with a volume of 194117 shares. The stock had previously closed at $12.19.

Analyst Ratings Changes

Several analysts have commented on AMPL shares. DA Davidson upped their price objective on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amplitude in a research note on Tuesday, July 21st. UBS Group boosted their target price on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a report on Thursday. Piper Sandler increased their price target on Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, Bank of America reiterated a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.55.

Read Our Latest Stock Analysis on AMPL

Amplitude Stock Performance

The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of -16.89 and a beta of 1.42. The firm has a fifty day moving average price of $8.41 and a 200 day moving average price of $7.64.

Amplitude (NASDAQ:AMPLGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). Amplitude had a negative return on equity of 37.97% and a negative net margin of 26.59%.The firm 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. Research analysts predict that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.

Insider Transactions at Amplitude

In related news, CTO Curtis Liu sold 22,201 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the sale, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. The trade was a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Catherine Wong sold 7,453 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $6.79, for a total transaction of $50,605.87. Following the transaction, the director owned 111,462 shares in the company, valued at $756,826.98. The trade was a 6.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 21.59% of the company’s stock.

Institutional Investors Weigh In On Amplitude

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. boosted 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 acquiring an additional 3,973,575 shares in the last quarter. Wellington Management Group LLP increased 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 purchasing an additional 1,797,228 shares in the last quarter. Vanguard Group Inc. increased 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 purchasing an additional 934,350 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Amplitude during the first quarter worth $3,930,000. Finally, Dimensional Fund Advisors LP boosted its position in Amplitude by 368.1% during the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after purchasing an additional 485,752 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors and hedge funds.

About Amplitude

(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.

Further Reading

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