Amplitude (NASDAQ:AMPL) Releases FY 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Piper Sandler increased their price target on Amplitude from $9.00 to $11.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Bank of America reiterated a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amplitude in a report on Tuesday, July 21st. Raymond James Financial initiated coverage on shares of Amplitude in a report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 price target on the stock. Finally, Citigroup increased their price objective on Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.18.

Amplitude Price Performance

NASDAQ AMPL traded up $0.13 during mid-day trading on Wednesday, reaching $10.01. 2,306,120 shares of the stock were exchanged, compared to its average volume of 2,227,271. The stock has a market cap of $1.04 billion, a P/E ratio of -14.94 and a beta of 1.42. Amplitude has a one year low of $5.51 and a one year high of $14.49. The stock has a 50 day simple moving average of $8.13 and a 200-day simple moving average of $7.61.

Amplitude (NASDAQ:AMPL) last issued its quarterly earnings results 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 34.98% and a negative net margin of 25.11%.The firm had revenue of $100.89 million during the quarter, compared to the consensus estimate 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. Sell-side analysts anticipate that Amplitude will post -0.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amplitude news, CTO Curtis Liu sold 22,201 shares of the firm’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 completion of the sale, the chief technology officer directly owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $50,605.87. Following the completion of the sale, the director directly owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. This trade represents a 6.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 21.59% of the stock is owned by insiders.

Institutional Trading of Amplitude

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of Amplitude by 120.7% during the first quarter. AQR Capital Management LLC now owns 226,486 shares of the company’s stock worth $2,308,000 after purchasing an additional 123,886 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 stake in Amplitude during the 1st quarter valued at $580,000. Jones Financial Companies Lllp raised its holdings in Amplitude by 93,569.0% during the first quarter. Jones Financial Companies Lllp now owns 93,669 shares of the company’s stock worth $954,000 after buying an additional 93,569 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Amplitude by 60.0% in the first quarter. Goldman Sachs Group Inc. now owns 473,491 shares of the company’s stock valued at $4,825,000 after buying an additional 177,599 shares in the last quarter. 73.20% of the stock is owned by institutional investors.

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.