Amplitude (NASDAQ:AMPL) Updates Q3 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.020-0.030 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of $105.6 million-$108.0 million, compared to the consensus revenue estimate of $102.4 million. Amplitude also updated its FY 2026 guidance to 0.060-0.080 EPS.

Wall Street Analysts Forecast Growth

AMPL has been the topic of a number of research reports. Citigroup increased their price objective on Amplitude from $7.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Raymond James Financial began coverage on shares of Amplitude in a research report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 target price for the company. Bank of America restated 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. Weiss Ratings restated a “sell (e+)” rating on shares of Amplitude in a report on Tuesday, July 21st. Finally, Piper Sandler lifted their price objective on shares of Amplitude from $9.00 to $11.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.18.

Amplitude Price Performance

AMPL traded up $0.13 on Wednesday, hitting $10.01. The company had a trading volume of 2,306,120 shares, compared to its average volume of 2,227,271. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -14.94 and a beta of 1.42. The company’s fifty day moving average price is $8.13 and its 200 day moving average price is $7.61. Amplitude has a 1-year low of $5.51 and a 1-year high of $14.49.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The company had revenue of $100.89 million for 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. On average, sell-side analysts forecast that Amplitude will post -0.59 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Curtis Liu sold 22,201 shares of Amplitude 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 transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Catherine Wong sold 7,453 shares of the business’s stock in a transaction on 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 directly owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. This represents a 6.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 21.59% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Quarry LP bought a new stake in shares of Amplitude in the third quarter valued at approximately $32,000. Osaic Holdings Inc. raised its stake in Amplitude by 57.8% during the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after purchasing an additional 1,879 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in Amplitude in the 3rd quarter worth $113,000. Magnetar Financial LLC bought a new position in shares of Amplitude during the 4th quarter worth about $122,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Amplitude during the 3rd quarter worth about $125,000. 73.20% of the stock is owned by institutional investors.

About Amplitude

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.