Amplitude (NASDAQ:AMPL) Releases Q1 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of -0.020–0.010 for the period, compared to the consensus EPS estimate of -0.060. The company issued revenue guidance of $91.7 million-$93.7 million, compared to the consensus revenue estimate of $91.8 million. Amplitude also updated its FY 2026 guidance to 0.080-0.130 EPS.

Amplitude Trading Down 0.3%

Shares of NASDAQ:AMPL opened at $7.16 on Friday. Amplitude has a 1-year low of $5.99 and a 1-year high of $14.88. The stock has a market cap of $957.22 million, a PE ratio of -10.69 and a beta of 1.48. The stock’s fifty day simple moving average is $9.85 and its two-hundred day simple moving average is $10.46.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. Amplitude had a negative net margin of 25.80% and a negative return on equity of 31.40%. The company had revenue of $91.43 million for the quarter, compared to analyst estimates of $90.35 million. During the same period last year, the firm earned $0.02 earnings per share. The firm’s revenue was up 17.0% on a year-over-year basis. 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, sell-side analysts forecast that Amplitude will post -0.62 earnings per share for the current fiscal year.

Amplitude declared that its board has approved a stock buyback program on Wednesday, February 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 11.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. BTIG Research reduced their target price on Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a report on Thursday. UBS Group reduced their price objective on Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday. Piper Sandler decreased their target price on Amplitude from $12.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday. DA Davidson cut their price target on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday. Finally, KeyCorp reduced their price target on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.18.

Insiders Place Their Bets

In related news, Director Erica Schultz sold 10,000 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $10.88, for a total value of $108,800.00. Following the sale, the director directly owned 114,906 shares in the company, valued at approximately $1,250,177.28. The trade was a 8.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Spenser Skates sold 42,743 shares of the stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $12.01, for a total transaction of $513,343.43. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 52,843 shares of company stock worth $623,343 in the last ninety days. Insiders own 23.83% of the company’s stock.

Key Amplitude News

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Board approved a $100 million share repurchase authorization (about 11.8% of outstanding shares), a clear signal management believes the stock is undervalued. Share Buyback Plan Approved by Amplitude (NASDAQ:AMPL) Board
• Positive Sentiment: Q4 results: revenue $91.4M (beat consensus ~$90.4M) and EPS $0.04 in line with estimates; revenue +17% YoY — shows continued top‑line growth. Amplitude Announces Fourth Quarter and Fiscal Year 2025 Financial Results
• Positive Sentiment: Management issued upbeat guidance: FY‑2026 EPS of $0.08–$0.13 (vs. prior street estimate near loss) and Q1 EPS of -$0.02 to -$0.01 (much better than consensus). Guidance implies a path to profitability and likely underpins the buyback decision. Amplitude Announces Fourth Quarter and Fiscal Year 2025 Financial Results
• Positive Sentiment: Product/AI momentum: Amplitude launched “Agentic” AI analytics and says AI agents now drive ~25% of platform queries and is targeting ~15% revenue growth for 2026 — a growth narrative investors like if adoption continues. Amplitude Introduces Agentic AI Analytics Amplitude outlines 15% 2026 revenue growth target as AI agents drive 25% of platform queries
• Neutral Sentiment: Several brokerages lowered price targets (KeyBanc $16→$14; Piper Sandler $12→$10; BTIG $14→$10) but maintained overweight/buy stances — reduces near‑term upside expectations even as sentiment stays constructive. KeyBanc PT Lowered Benzinga: Analyst Notes BTIG PT Lowered
• Neutral Sentiment: Full earnings materials and call transcript are available for deeper diligence (transcript, slide deck) — useful for investors assessing sustainability of growth and margin trajectory. Q4 2025 Earnings Call Transcript Earnings Slide Deck
• Negative Sentiment: Short‑interest updates published this week are internally inconsistent (reports claim large increases but show zero shares/NaN), creating data noise and uncertainty for traders who watch short activity. (Likely a reporting glitch.)
• Negative Sentiment: Despite the positive fundamentals, price‑target trims and any revenue/cost execution risks mean upside may be capped in the near term — helps explain the muted / downward price reaction today.

Institutional Trading of Amplitude

A number of institutional investors have recently modified their holdings of AMPL. Quarry LP purchased a new position in Amplitude in the 3rd quarter valued at approximately $32,000. Osaic Holdings Inc. boosted its holdings in shares of Amplitude by 57.8% in 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 period. Schonfeld Strategic Advisors LLC bought a new position in shares of Amplitude in the third quarter worth $113,000. Magnetar Financial LLC purchased a new position in shares of Amplitude in the fourth quarter valued at $122,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Amplitude during the 3rd quarter valued at $125,000. 73.20% of the stock is currently owned by hedge funds and other institutional investors.

About Amplitude

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.