Amplitude, Inc. (NASDAQ:AMPL) Stock Has Average Target Price of $14.30

Amplitude, Inc. (NASDAQ:AMPL) has been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $14.30.

Several analysts have issued reports on the company. BTIG Research boosted their price objective on Amplitude from $13.00 to $17.00 and gave the stock a “buy” rating in a report on Tuesday, October 20th. Citigroup raised their target price on shares of Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Morgan Stanley raised their target price on shares of Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Piper Sandler lifted their target price on shares of Amplitude from $13.00 to $18.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 30th. Finally, Weiss Ratings upgraded shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th.

Amplitude Stock Down 0.1%

Shares of NASDAQ AMPL opened at $17.08 on Friday. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of -22.77 and a beta of 1.49. The stock’s fifty day simple moving average is $14.47 and its 200 day simple moving average is $9.63. Amplitude has a 52-week low of $5.51 and a 52-week high of $17.84.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%. The company had revenue of $100.89 million for the quarter, compared to analyst estimates 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. As a group, analysts anticipate that Amplitude will post -0.66 earnings per share for the current year.

Insider Activity at Amplitude

In related news, insider Nathaniel Glenn Crook sold 300,000 shares of the firm’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 value of $3,897,000.00. Following the completion of the transaction, the insider owned 1,622,696 shares of the company’s stock, valued at approximately $21,078,821.04. This trade represents a 15.60% decrease in their position. The transaction was disclosed in a document filed 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 6,651 shares of Amplitude stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $17.53, for a total transaction of $116,592.03. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 674,087 shares of company stock valued at $9,260,009. 21.59% of the stock is owned by insiders.

Institutional Trading of Amplitude

Hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in shares of Amplitude by 368.1% in the 1st 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 during the period. First Trust Advisors LP lifted its position in shares of Amplitude by 362.8% in the first quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock worth $2,896,000 after purchasing an additional 332,830 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Amplitude in the first quarter worth approximately $3,097,000. Bank of New York Mellon Corp purchased a new stake in shares of Amplitude in the second quarter worth approximately $2,204,000. Finally, Squarepoint Ops LLC boosted its holdings in shares of Amplitude by 43.4% during the second quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock worth $7,816,000 after purchasing an additional 309,252 shares during the period. Institutional investors and hedge funds own 73.20% of the company’s stock.

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.