Amplitude (NASDAQ:AMPL) Issues FY 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.030-0.060 for the period, compared to the consensus EPS estimate of -0.040. The company issued revenue guidance of $397.0 million-$403.0 million, compared to the consensus revenue estimate of $394.8 million. Amplitude also updated its Q2 2026 guidance to -0.020–0.010 EPS.

Analysts Set New Price Targets

Several research firms recently commented on AMPL. Piper Sandler dropped their price target on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Weiss Ratings lowered shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. Morgan Stanley set a $16.00 price target on shares of Amplitude and gave the company an “overweight” rating in a research report on Thursday, January 15th. DA Davidson dropped their price target on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Finally, UBS Group dropped their price target on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.22.

Amplitude Trading Down 5.4%

AMPL stock traded down $0.43 during trading on Wednesday, reaching $7.52. 3,036,920 shares of the stock were exchanged, compared to its average volume of 1,936,235. The business has a 50 day moving average price of $7.00 and a 200-day moving average price of $8.95. Amplitude has a 1 year low of $5.51 and a 1 year high of $14.49. The firm has a market capitalization of $780.40 million, a price-to-earnings ratio of -11.22 and a beta of 1.43.

Amplitude (NASDAQ:AMPL) last issued its earnings results on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $93.49 million for the quarter, compared to analysts’ expectations of $92.95 million. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. On average, research analysts anticipate that Amplitude will post -0.63 EPS for the current year.

Amplitude announced that its board has initiated a share repurchase plan on Wednesday, February 18th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 11.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Amplitude

In related news, CTO Curtis Liu sold 17,586 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $8.12, for a total transaction of $142,798.32. Following the sale, the chief technology officer directly owned 1,067,259 shares of the company’s stock, valued at $8,666,143.08. This represents a 1.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 21.59% of the company’s stock.

More Amplitude News

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Company raised full‑year 2026 guidance (EPS 0.03–0.06 vs. consensus negative) and lifted revenue range to roughly $397M–$403M, topping consensus — this signals management expects a return to profitability and stronger top‑line momentum. Press Release
• Positive Sentiment: Management highlighted enterprise customer expansion and adoption of new pricing, which support recurring revenue growth and margin improvement prospects. Press Release
• Positive Sentiment: Partnership with Adswerve to connect acquisition, product analytics and AI-driven measurement could expand GTM reach and customer use cases. Adswerve Partnership
• Neutral Sentiment: Q1 revenue modestly beat expectations ($93.49M vs. ~$92.95M) but EPS missed by $0.01 (reported $(0.02) vs. $(0.01) consensus); results were mixed between top‑line strength and profitability metrics. Earnings Report
• Negative Sentiment: Q2 guidance was slightly below consensus on EPS (guide: -0.02 to -0.01 vs. consensus ~-0.01), which disappointed investors focused on near‑term profitability, despite a revenue guide slightly above consensus. Guidance Details
• Negative Sentiment: Insider selling: CTO Curtis Liu sold shares earlier in the week (SEC filing), which can amplify negative sentiment even though the holding remains large. SEC Filing
• Negative Sentiment: Market reaction: the combination of the EPS miss and the softer near‑term guide drove a sharp intraday selloff. Market Reaction

Institutional Investors Weigh In On Amplitude

A number of large investors have recently modified their holdings of the company. Invesco Ltd. increased its position in shares of Amplitude by 16.4% in the 4th quarter. Invesco Ltd. now owns 113,682 shares of the company’s stock valued at $1,316,000 after purchasing an additional 16,009 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Amplitude by 1,106.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 140,708 shares of the company’s stock worth $1,629,000 after purchasing an additional 129,049 shares during the period. Mackenzie Financial Corp acquired a new stake in Amplitude during the 4th quarter worth $1,017,000. nVerses Capital LLC purchased a new stake in Amplitude during the 4th quarter valued at approximately $167,000. Finally, VARCOV Co. purchased a new stake in Amplitude during the 4th quarter valued at approximately $229,000. 73.20% of the stock is owned by hedge funds and other 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.