Amplitude (NASDAQ:AMPL) Trading 5.9% Higher – Here’s What Happened

Shares of Amplitude, Inc. (NASDAQ:AMPL) traded up 5.9% on Monday . The company traded as high as $6.76 and last traded at $6.7850. 1,104,813 shares changed hands during trading, a decline of 46% from the average session volume of 2,052,986 shares. The stock had previously closed at $6.41.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. UBS Group dropped their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Amplitude in a research report on Monday, December 29th. BTIG Research lowered their price target on Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Morgan Stanley set a $16.00 price objective on Amplitude and gave the company an “overweight” rating in a research report on Thursday, January 15th. Finally, Piper Sandler reduced their price objective on Amplitude from $12.00 to $10.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Ten analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Amplitude Price Performance

The business’s 50-day moving average price is $7.75 and its 200 day moving average price is $9.67. The firm has a market capitalization of $708.15 million, a price-to-earnings ratio of -10.15 and a beta of 1.51.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. Amplitude had a negative net margin of 25.80% and a negative return on equity of 32.33%. During the same period in the prior year, the firm earned $0.02 earnings per share. The firm’s revenue was up 17.0% compared to the same quarter last year. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. As a group, sell-side analysts expect that Amplitude, Inc. will post -0.62 earnings per share for the current year.

Amplitude declared that its board has authorized a share repurchase plan on Wednesday, February 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to purchase up to 11.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Amplitude

A number of hedge funds and other institutional investors have recently modified their holdings of AMPL. Quarry LP purchased a new position in Amplitude in the third quarter valued at about $32,000. State of Alaska Department of Revenue purchased a new stake in Amplitude during the 3rd quarter worth approximately $48,000. Osaic Holdings Inc. raised its position in shares of Amplitude by 57.8% in 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 in the last quarter. Legato Capital Management LLC acquired a new position in shares of Amplitude in the 3rd quarter valued at approximately $112,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Amplitude during the 3rd quarter valued at approximately $113,000. 73.20% of the stock is owned by hedge funds and other 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.