Amplitude, Inc. (NASDAQ:AMPL) Stock Has Average Price Target of $12.55 According to Analysts

Shares of Amplitude, Inc. (NASDAQ:AMPL) have earned a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $13.05.

AMPL has been the subject of several analyst reports. Morgan Stanley boosted their target price on Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. BTIG Research increased their price target on Amplitude from $10.00 to $13.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Citigroup lifted their price target on shares of Amplitude from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Raymond James Financial began 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 for the company. Finally, Weiss Ratings raised shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th.

Amplitude Price Performance

NASDAQ AMPL opened at $14.30 on Tuesday. Amplitude has a fifty-two week low of $5.51 and a fifty-two week high of $14.76. The stock’s 50-day moving average is $12.39 and its two-hundred day moving average is $9.09. The firm has a market cap of $1.45 billion, a P/E ratio of -19.07 and a beta of 1.49.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $100.89 million during the quarter, compared to the consensus estimate of $98.16 million. Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%.Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. On average, equities analysts expect that Amplitude will post -0.66 EPS for the current year.

Insider Buying and Selling at Amplitude

In other Amplitude news, CEO Spenser Skates sold 185,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $12.30, for a total transaction of $2,275,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nathaniel Glenn Crook sold 300,000 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 1,622,696 shares in the company, valued at approximately $21,078,821.04. This represents a 15.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 21.59% of the company’s stock.

Hedge Funds Weigh In On Amplitude

Several large investors have recently made changes to their positions in AMPL. Squarepoint Ops LLC grew its holdings in 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 buying an additional 309,252 shares during the last quarter. Meros Investment Management LP increased its position in Amplitude by 12.6% in the 4th quarter. Meros Investment Management LP now owns 861,874 shares of the company’s stock worth $9,981,000 after buying an additional 96,779 shares during the period. Gagnon Securities LLC lifted its holdings in shares of Amplitude by 36.8% during the fourth quarter. Gagnon Securities LLC now owns 698,870 shares of the company’s stock worth $8,093,000 after buying an additional 188,139 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Amplitude by 368.1% during the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after buying an additional 485,752 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Amplitude in the first quarter valued at approximately $3,930,000. Institutional investors and hedge funds own 73.20% of the company’s stock.

Amplitude Company Profile

Amplitude, Inc (NASDAQ: AMPL) develops a digital analytics platform that helps companies understand how users interact with their websites, mobile applications and other digital products. Its software is designed to help organizations analyze customer behavior, identify opportunities for product improvement and support data-driven decision-making.

The company’s product offerings include Amplitude Analytics for behavioral and product analysis, along with tools for experimentation, session replay, customer data management and product performance monitoring.