Amplitude (NASDAQ:AMPL) Rating Increased to Strong-Buy at Raymond James Financial

Raymond James Financial upgraded shares of Amplitude (NASDAQ:AMPL) to a strong-buy rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Bank of America reissued a “neutral” rating and set a $8.00 target price (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. Piper Sandler lowered their price target on Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Finally, Weiss Ratings cut Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Amplitude has a consensus rating of “Moderate Buy” and a consensus price target of $12.20.

Amplitude Stock Performance

Shares of AMPL opened at $8.55 on Tuesday. The company’s 50 day moving average price is $6.98 and its 200 day moving average price is $7.99. Amplitude has a 52 week low of $5.51 and a 52 week high of $14.49. The company has a market capitalization of $888.09 million, a PE ratio of -12.76 and a beta of 1.44.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company had revenue of $93.49 million during the quarter, compared to analyst estimates of $92.95 million. Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The company’s revenue was up 16.9% on a year-over-year basis. 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, equities analysts forecast that Amplitude will post -0.59 earnings per share for the current fiscal year.

Insider Transactions at Amplitude

In other Amplitude news, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $8.03, for a total value of $178,274.03. Following the completion of the transaction, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at $8,068,375.37. This represents a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Catherine Wong sold 7,453 shares of the firm’s stock in a transaction dated 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 $756,826.98. The trade was a 6.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 47,240 shares of company stock valued at $371,678 in the last ninety days. 21.59% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amplitude

A number of institutional investors and hedge funds have recently bought and sold shares of AMPL. Quarry LP bought a new stake in shares of Amplitude during the third quarter valued at approximately $32,000. Osaic Holdings Inc. raised its position in Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after purchasing an additional 1,879 shares during the last quarter. Morse Asset Management Inc acquired a new position in Amplitude during the 4th quarter worth $116,000. Kemnay Advisory Services Inc. bought a new position in Amplitude in the 4th quarter valued at $119,000. Finally, Merit Financial Group LLC bought a new position in Amplitude in the 4th quarter valued at $120,000. Institutional investors and hedge funds own 73.20% of the company’s stock.

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.