Amplitude, Inc. (NASDAQ:AMPL) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Amplitude, Inc. (NASDAQ:AMPL) has received a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $12.4444.

A number of equities research analysts have recently issued reports on AMPL shares. DA Davidson reduced their price target on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Piper Sandler dropped their price objective on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. BTIG Research dropped their price objective on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. UBS Group dropped their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Finally, Bank of America reissued a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th.

Amplitude Stock Performance

AMPL stock opened at $7.82 on Wednesday. The firm has a 50 day moving average of $6.71 and a 200-day moving average of $8.52. Amplitude has a 12-month low of $5.51 and a 12-month high of $14.49. The company has a market cap of $812.26 million, a price-to-earnings ratio of -11.67 and a beta of 1.45.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The company had revenue of $93.49 million for the quarter, compared to analyst estimates of $92.95 million. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. Sell-side analysts forecast that Amplitude will post -0.59 earnings per share for the current fiscal year.

Amplitude declared that its Board of Directors has authorized a share buyback program on Wednesday, February 18th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to purchase up to 11.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Amplitude

In other news, CTO Curtis Liu sold 17,586 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $8.12, for a total transaction of $142,798.32. Following the completion of the transaction, the chief technology officer directly owned 1,067,259 shares of the company’s stock, valued at $8,666,143.08. This trade represents a 1.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 21.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Quarry LP purchased a new position in shares of Amplitude during the 3rd quarter worth approximately $32,000. Osaic Holdings Inc. increased its stake in shares of Amplitude by 57.8% during 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. Morse Asset Management Inc purchased a new position in shares of Amplitude during the 4th quarter worth approximately $116,000. Kemnay Advisory Services Inc. purchased a new position in shares of Amplitude during the 4th quarter worth approximately $119,000. Finally, Merit Financial Group LLC purchased a new stake in Amplitude in the 4th quarter worth approximately $120,000. 73.20% of the stock is owned by hedge funds and other institutional investors.

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.