Amplitude, Inc. (NASDAQ:AMPL – Free Report) – Equities research analysts at DA Davidson raised their FY2026 earnings per share estimates for shares of Amplitude in a research note issued to investors on Thursday, May 8th. DA Davidson analyst C. Wright now expects that the company will post earnings per share of ($0.61) for the year, up from their prior estimate of ($0.62). DA Davidson has a “Buy” rating and a $12.00 price objective on the stock. The consensus estimate for Amplitude’s current full-year earnings is ($0.62) per share.
A number of other equities analysts also recently commented on the company. Citigroup raised their price objective on Amplitude from $11.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, February 24th. Needham & Company LLC reiterated a “buy” rating and set a $16.00 target price on shares of Amplitude in a report on Thursday. Robert W. Baird dropped their target price on Amplitude from $17.00 to $14.00 and set an “outperform” rating on the stock in a report on Thursday. Baird R W upgraded Amplitude from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 20th. Finally, Morgan Stanley raised their target price on Amplitude from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.60.
Amplitude Price Performance
Amplitude stock opened at $10.64 on Monday. The stock’s 50-day moving average is $10.08 and its 200-day moving average is $10.75. The company has a market cap of $1.05 billion, a price-to-earnings ratio of -13.82 and a beta of 1.40. Amplitude has a 12 month low of $7.37 and a 12 month high of $14.88.
Amplitude (NASDAQ:AMPL – Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.16). The firm had revenue of $79.95 million during the quarter, compared to analysts’ expectations of $79.81 million. Amplitude had a negative return on equity of 32.24% and a negative net margin of 31.52%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.01 earnings per share.
Insiders Place Their Bets
In other Amplitude news, Director Eric Vishria sold 35,000 shares of Amplitude stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $12.80, for a total transaction of $448,000.00. Following the sale, the director now directly owns 286,859 shares in the company, valued at $3,671,795.20. The trade was a 10.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 23.83% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC grew its position in shares of Amplitude by 260.7% in the 1st quarter. Headlands Technologies LLC now owns 13,017 shares of the company’s stock worth $133,000 after acquiring an additional 9,408 shares in the last quarter. Silver Lake Group L.L.C. acquired a new position in shares of Amplitude in the 1st quarter worth approximately $159,000. Liberty Mutual Group Asset Management Inc. acquired a new position in shares of Amplitude in the 1st quarter worth approximately $947,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Amplitude by 16.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,989 shares of the company’s stock worth $306,000 after acquiring an additional 4,301 shares in the last quarter. Finally, TD Asset Management Inc grew its position in shares of Amplitude by 5.8% in the 1st quarter. TD Asset Management Inc now owns 299,694 shares of the company’s stock worth $3,054,000 after acquiring an additional 16,408 shares in the last quarter. Institutional investors and hedge funds own 73.20% of the company’s stock.
About Amplitude
Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.
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