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

Amplitude, Inc. (NASDAQ:AMPL) hit a new 52-week high on Tuesday . The company traded as high as $12.51 and last traded at $12.5130, with a volume of 194117 shares trading hands. The stock had previously closed at $12.19.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AMPL shares. Piper Sandler boosted their price objective on Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Raymond James Financial started coverage on Amplitude in a report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 target price for the company. UBS Group lifted their target price on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research report on Thursday. DA Davidson boosted their price target on shares of Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a research note on Thursday. Finally, Bank of America reissued a “neutral” rating and set a $8.00 price target (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. One 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.55.

Amplitude Trading Up 4.4%

The company has a fifty day simple moving average of $8.41 and a two-hundred day simple moving average of $7.64. The company has a market cap of $1.29 billion, a PE ratio of -16.89 and a beta of 1.42.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). Amplitude had a negative return on equity of 37.97% and a negative net margin of 26.59%.The business had revenue of $100.89 million during the quarter, compared to analysts’ expectations 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, research analysts anticipate that Amplitude, Inc. will post -0.59 EPS for the current fiscal year.

Insider Buying and Selling

In other 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 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. 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 the SEC website. Also, CTO Curtis Liu sold 22,201 shares of Amplitude 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 sale, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. This trade represents a 2.16% 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 bought and sold shares of the business. UBS Group AG increased its holdings in shares of Amplitude by 173.8% in the 4th quarter. UBS Group AG now owns 544,805 shares of the company’s stock valued at $6,309,000 after acquiring an additional 345,813 shares during the period. TimesSquare Capital Management LLC boosted its stake in Amplitude by 22.9% during the 4th quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock worth $29,105,000 after purchasing an additional 468,418 shares during the period. Vanguard Group Inc. boosted its stake in Amplitude by 9.4% during the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after purchasing an additional 934,350 shares during the period. First Trust Advisors LP grew its position in Amplitude by 362.8% during the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock worth $2,896,000 after purchasing an additional 332,830 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Amplitude in the first quarter valued at $3,097,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.

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.