Amplitude (NASDAQ:AMPL) Updates Q2 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.020–0.010 for the period, compared to the consensus earnings per share estimate of -0.010. The company issued revenue guidance of $96.9 million-$99.1 million, compared to the consensus revenue estimate of $96.3 million.

Amplitude Stock Performance

Shares of AMPL traded down $0.43 during mid-day trading on Wednesday, reaching $7.52. The stock had a trading volume of 2,970,369 shares, compared to its average volume of 1,934,039. Amplitude has a 12 month low of $5.51 and a 12 month high of $14.49. The business has a fifty day moving average of $7.00 and a 200 day moving average of $8.95. The firm has a market cap of $780.43 million, a price-to-earnings ratio of -11.22 and a beta of 1.43.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.04 EPS 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%. The business had revenue of $91.43 million during the quarter, compared to analyst estimates of $90.35 million. During the same quarter last year, the business earned $0.02 earnings per share. Amplitude’s quarterly 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. On average, research analysts forecast that Amplitude will post -0.63 EPS for the current fiscal year.

Amplitude announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 18th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 11.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. DA Davidson reduced their price target on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. KeyCorp dropped their target price on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Piper Sandler dropped their target price on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. UBS Group dropped their target price on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Finally, Morgan Stanley set a $16.00 target price on shares of Amplitude and gave the stock an “overweight” rating in a report on Thursday, January 15th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $13.22.

Institutional Trading of Amplitude

A number of institutional investors have recently modified their holdings of AMPL. Alliancebernstein L.P. boosted its stake in Amplitude by 2,126.0% in the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock worth $51,590,000 after purchasing an additional 3,973,575 shares in the last quarter. Wellington Management Group LLP boosted its stake in Amplitude by 783.5% in the 3rd quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock worth $21,725,000 after purchasing an additional 1,797,228 shares in the last quarter. Squarepoint Ops LLC boosted its stake in Amplitude by 932.3% in the 2nd quarter. Squarepoint Ops LLC now owns 529,050 shares of the company’s stock worth $6,560,000 after purchasing an additional 477,801 shares in the last quarter. Bank of America Corp DE boosted its stake in Amplitude by 149.4% in the 2nd quarter. Bank of America Corp DE now owns 699,824 shares of the company’s stock worth $8,678,000 after purchasing an additional 419,248 shares in the last quarter. Finally, Nuveen LLC boosted its stake in Amplitude by 18.8% in the 4th quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock worth $30,636,000 after purchasing an additional 418,376 shares in the last quarter. 73.20% of the stock is currently owned by 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.