Amplitude, Inc. (NASDAQ:AMPL) Receives $12.55 Consensus Target Price from Brokerages

Amplitude, Inc. (NASDAQ:AMPL) has been assigned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $12.55.

A number of research firms recently weighed in on AMPL. Weiss Ratings upgraded shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday. UBS Group increased their price target on Amplitude from $8.50 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. DA Davidson raised their price target on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a report on Thursday, August 6th. BTIG Research boosted their price objective on Amplitude from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Citigroup boosted their price objective on Amplitude from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Friday, August 7th.

Amplitude Trading Down 2.4%

NASDAQ AMPL opened at $12.38 on Monday. Amplitude has a 12 month low of $5.51 and a 12 month high of $12.87. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of -16.51 and a beta of 1.42. The company’s 50 day moving average is $8.58 and its two-hundred day moving average is $7.67.

Amplitude (NASDAQ:AMPL) last posted 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). The business had revenue of $100.89 million during 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. Sell-side analysts forecast that Amplitude will post -0.6 EPS for the current year.

Insider Activity at Amplitude

In other Amplitude news, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $8.03, for a total value of $178,274.03. Following the completion of the transaction, the chief technology officer directly owned 1,004,779 shares in the company, valued at $8,068,375.37. This represents a 2.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Catherine Wong sold 7,453 shares of the stock in a transaction that occurred 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 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 currently owned by company insiders.

Hedge Funds Weigh In On Amplitude

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Amplitude by 9.4% during the fourth 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 in the last quarter. Alliancebernstein L.P. lifted its stake in Amplitude by 44.8% in the 3rd quarter. Alliancebernstein L.P. now owns 6,025,390 shares of the company’s stock worth $64,592,000 after purchasing an additional 1,864,909 shares in the last quarter. Baillie Gifford & Co. lifted its stake in Amplitude by 2.2% in the 4th quarter. Baillie Gifford & Co. now owns 2,741,880 shares of the company’s stock worth $31,751,000 after purchasing an additional 59,984 shares in the last quarter. Nuveen LLC boosted its holdings in shares of Amplitude by 18.8% during 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 last quarter. Finally, TimesSquare Capital Management LLC boosted its holdings in shares of Amplitude by 22.9% during 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 last quarter. Hedge funds and other institutional investors 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.