Morgan Stanley Forecasts Strong Price Appreciation for Amplitude (NASDAQ:AMPL) Stock

Amplitude (NASDAQ:AMPL) had its price objective lifted by Morgan Stanley from $12.00 to $16.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 27.64% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Raymond James Financial started coverage on Amplitude in a research report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 target price on the stock. Piper Sandler lifted their target price on Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. DA Davidson boosted their price target on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Thursday, August 6th. Bank of America restated a “neutral” rating and set a $8.00 price target (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $12.55.

Amplitude Price Performance

NASDAQ AMPL traded up $0.15 during mid-day trading on Thursday, reaching $12.54. 330,607 shares of the stock were exchanged, compared to its average volume of 2,239,733. The stock has a market cap of $1.27 billion, a P/E ratio of -16.83 and a beta of 1.42. Amplitude has a one year low of $5.51 and a one year high of $12.87. The stock has a 50 day simple moving average of $8.58 and a 200-day simple moving average of $7.67.

Amplitude (NASDAQ:AMPL) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). Amplitude had a negative net margin of 26.59% and a negative return on equity of 37.97%. The business had revenue of $100.89 million for the quarter, compared to analysts’ expectations 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. Sell-side analysts anticipate that Amplitude will post -0.6 EPS for the current fiscal year.

Insider Transactions at Amplitude

In other news, 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 value of $50,605.87. Following the completion of the sale, the director directly owned 111,462 shares in the company, valued at $756,826.98. This trade represents a 6.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CTO Curtis Liu sold 22,201 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $8.03, for a total value of $178,274.03. Following the completion of the sale, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at $8,068,375.37. The trade was a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 21.59% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amplitude

A number of hedge funds have recently added to or reduced their stakes in AMPL. Quarry LP bought a new stake in shares of Amplitude during the third quarter valued at approximately $32,000. Osaic Holdings Inc. lifted its holdings in shares of 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 in the last quarter. Krilogy Financial LLC bought a new position in shares of Amplitude in the 1st quarter worth $77,000. Schonfeld Strategic Advisors LLC acquired a new stake in Amplitude in the 3rd quarter valued at $113,000. Finally, Morse Asset Management Inc acquired a new stake in Amplitude in the 4th quarter valued at $116,000. 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.