Amplitude (NASDAQ:AMPL) Reaches New 12-Month High – What’s Next?

Amplitude, Inc. (NASDAQ:AMPL) shares hit a new 52-week high during trading on Wednesday. The company traded as high as $17.84 and last traded at $17.6550, with a volume of 141,584 shares changing hands. The stock had previously closed at $17.26.

Amplitude News Roundup

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Coinbase said its funds, systems and sensitive customer data were not compromised, characterizing the issue as exposure of certain customer contact information through Amplitude rather than a direct Coinbase breach. That may limit immediate financial or operational damage to Amplitude. Coinbase Customer Data Hit in Analytics Vendor Breach, Funds Not Impacted
• Positive Sentiment: Amplitude’s latest reported quarter showed revenue of $100.89 million, above the $98.16 million analyst consensus, while earnings per share matched expectations. Management also issued positive fiscal 2026 EPS guidance, supporting the growth-investment narrative.
• Neutral Sentiment: The reports indicate the incident involved user contact information held by Amplitude’s analytics service. The ultimate effect will depend on the scope of the data exposure, customer response and whether the event leads to remediation costs, lost contracts or regulatory scrutiny. Coinbase Denies Internal Breach as Amplitude Security Incident Hits User Contact Info
• Negative Sentiment: The security incident creates reputational and retention risk for Amplitude, particularly because Coinbase is a prominent customer. Even without evidence of stolen funds or highly sensitive information, enterprise clients may reassess vendor-security controls. Coinbase Ties Customer Contact Data Exposure to Vendor Amplitude
• Negative Sentiment: CEO Spenser Skates sold 107,136 AMPL shares for approximately $1.88 million at an average price of $17.52. The sale follows additional insider disposals in September and October, potentially weighing on sentiment after the stock’s substantial advance. Amplitude CEO Spenser Skates Sells 107,136 Shares

Analysts Set New Price Targets

Several equities research analysts have issued reports on AMPL shares. Citigroup raised their price objective on shares of Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. UBS Group upped their target price on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. DA Davidson increased their target price on Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th. Finally, BTIG Research lifted their price target on Amplitude from $13.00 to $17.00 and gave the stock a “buy” rating in a report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $14.30.

Amplitude Trading Up 0.7%

The stock has a market cap of $1.76 billion, a P/E ratio of -23.17 and a beta of 1.49. The stock has a 50 day simple moving average of $14.21 and a 200 day simple moving average of $9.54.

Amplitude (NASDAQ:AMPL) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $100.89 million for the quarter, compared to the consensus estimate of $98.16 million. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. Equities analysts anticipate that Amplitude, Inc. will post -0.66 earnings per share for the current year.

Insider Activity

In other news, insider Nathaniel Glenn Crook sold 300,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $12.99, for a total transaction of $3,897,000.00. Following the completion of the sale, the insider owned 1,622,696 shares of the company’s stock, valued at approximately $21,078,821.04. This represents a 15.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Spenser Skates sold 107,136 shares of the stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $17.52, for a total transaction of $1,877,022.72. The disclosure for this sale is available in the SEC filing. Insiders have sold 667,136 shares of company stock valued at $9,138,179 in the last ninety days. 21.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in Amplitude by 368.1% during the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after purchasing an additional 485,752 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Amplitude by 362.8% in the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock valued at $2,896,000 after purchasing an additional 332,830 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Amplitude in the 1st quarter valued at $3,097,000. Bank of New York Mellon Corp acquired a new stake in shares of Amplitude in the 2nd quarter valued at $2,204,000. Finally, Squarepoint Ops LLC boosted its holdings in shares of Amplitude by 43.4% in the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock valued at $7,816,000 after purchasing an additional 309,252 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors and hedge funds.

Amplitude Company Profile

Amplitude, Inc is a software company that provides digital analytics and product experience solutions. Its platform helps organizations collect, analyze and act on user behavior data across websites, mobile applications and other digital products.

The company’s offerings include Amplitude Analytics, which enables teams to measure user engagement, retention and conversion; experimentation tools for testing product changes; session replay capabilities for reviewing user interactions; and data management and governance features.