Amplitude (NASDAQ:AMPL) Stock Price Down 7% – What’s Next?

Shares of Amplitude, Inc. (NASDAQ:AMPL) dropped 7% during trading on Wednesday . The stock traded as low as $8.95 and last traded at $8.9170. Approximately 409,897 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 2,219,656 shares. The stock had previously closed at $9.59.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMPL shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Amplitude in a report on Tuesday. Raymond James Financial started coverage on shares of Amplitude in a research note on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 price objective on the stock. Bank of America restated a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. Citigroup upped their target price on Amplitude from $7.00 to $10.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, Piper Sandler upped their target price on Amplitude from $9.00 to $11.00 and gave the stock an “overweight” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $12.18.

Amplitude Price Performance

The stock has a market cap of $836.15 million, a P/E ratio of -12.01 and a beta of 1.44. The stock has a 50-day simple moving average of $7.75 and a 200-day simple moving average of $7.72.

Amplitude (NASDAQ:AMPL) last posted 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). Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The company had revenue of $93.49 million during the quarter, compared to the consensus estimate of $92.95 million. Amplitude’s quarterly revenue was up 16.9% compared to the same quarter last year. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. As a group, sell-side analysts forecast that Amplitude, Inc. will post -0.59 earnings per share for the current year.

Insider Activity at Amplitude

In other Amplitude news, CTO Curtis Liu sold 22,201 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the sale, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. The trade was a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Catherine Wong sold 7,453 shares of the company’s stock in a transaction on 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 owned 111,462 shares of the company’s stock, valued at $756,826.98. This trade represents a 6.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 47,240 shares of company stock valued at $371,678. 21.59% of the stock is owned by insiders.

Institutional Investors Weigh In On Amplitude

Hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Amplitude by 2.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,739 shares of the company’s stock worth $592,000 after buying an additional 1,340 shares during the period. ProShare Advisors LLC increased its stake in shares of Amplitude by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 16,880 shares of the company’s stock valued at $195,000 after buying an additional 1,600 shares during the period. HighTower Advisors LLC increased its stake in shares of Amplitude by 4.4% in the fourth quarter. HighTower Advisors LLC now owns 37,791 shares of the company’s stock valued at $438,000 after buying an additional 1,607 shares during the period. Osaic Holdings Inc. raised its position in shares of Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after acquiring an additional 1,879 shares during the last quarter. Finally, Landscape Capital Management L.L.C. raised its position in shares of Amplitude by 7.5% during the fourth quarter. Landscape Capital Management L.L.C. now owns 30,386 shares of the company’s stock worth $352,000 after acquiring an additional 2,132 shares during the last quarter. 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.