BTIG Research Has Lowered Expectations for Amplitude (NASDAQ:AMPL) Stock Price

Amplitude (NASDAQ:AMPL) had its price target dropped by BTIG Research from $14.00 to $10.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s target price would indicate a potential upside of 39.28% from the company’s previous close.

Several other equities research analysts have also recently issued reports on AMPL. Piper Sandler lowered their target price on shares of Amplitude from $16.00 to $12.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. UBS Group raised shares of Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. Robert W. Baird increased their price objective on shares of Amplitude from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. Finally, Morgan Stanley set a $16.00 target price on Amplitude and gave the company an “overweight” rating in a research report on Thursday, January 15th. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.80.

Amplitude Price Performance

Shares of NASDAQ:AMPL opened at $7.18 on Thursday. The business’s 50 day moving average price is $9.93 and its 200-day moving average price is $10.48. Amplitude has a 1 year low of $5.99 and a 1 year high of $14.88. The firm has a market capitalization of $959.89 million, a price-to-earnings ratio of -8.97 and a beta of 1.48.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. Amplitude had a negative net margin of 31.36% and a negative return on equity of 36.27%. The business had revenue of $91.43 million for the quarter, compared to the consensus estimate of $90.35 million. During the same period last year, the firm posted $0.02 earnings per share. The company’s revenue was up 17.0% compared to the same quarter last year. 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 expect that Amplitude will post -0.62 earnings per share for the current year.

Amplitude declared that its board has initiated a share repurchase program on Wednesday, February 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to buy up to 11.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Amplitude news, CEO Spenser Skates sold 42,743 shares of Amplitude stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $12.01, for a total value of $513,343.43. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Erica Schultz sold 10,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $10.88, for a total transaction of $108,800.00. Following the completion of the sale, the director directly owned 114,906 shares of the company’s stock, valued at $1,250,177.28. The trade was a 8.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 52,843 shares of company stock worth $623,343. Insiders own 23.83% of the company’s stock.

Institutional Trading of Amplitude

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMPL. ProShare Advisors LLC lifted its position in Amplitude by 5.6% during the 2nd quarter. ProShare Advisors LLC now owns 17,865 shares of the company’s stock worth $222,000 after acquiring an additional 955 shares during the period. Blue Trust Inc. raised its stake in shares of Amplitude by 3.9% during the third quarter. Blue Trust Inc. now owns 34,092 shares of the company’s stock worth $365,000 after purchasing an additional 1,265 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Amplitude by 2.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,739 shares of the company’s stock worth $592,000 after purchasing an additional 1,340 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Amplitude by 4.4% during the fourth quarter. HighTower Advisors LLC now owns 37,791 shares of the company’s stock worth $438,000 after purchasing an additional 1,607 shares during the period. Finally, Osaic Holdings Inc. grew its position in Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after buying an additional 1,879 shares during the last quarter. 73.20% of the stock is owned by hedge funds and other institutional investors.

More Amplitude News

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Management issued materially stronger FY‑2026 guidance (EPS $0.08–0.13 vs. consensus negative) and raised revenue targets, signaling a path to profitability and better-than-expected growth prospects. Earnings Release
• Positive Sentiment: Company outlined a 15% revenue growth target for 2026 and said AI agents now drive ~25% of platform queries — a product-led growth narrative that supports higher customer engagement and incremental monetization. MSN: Revenue Target & AI Usage
• Positive Sentiment: Board authorized a $100M share repurchase (about 11.8% of shares), which reduces float and signals management thinks the stock is undervalued — typically supportive for the share price. RTT News: Buyback
• Positive Sentiment: Q4 revenue of $91.4M topped estimates (consensus ≈ $90.4M) and revenue grew ~17% YoY — the top line beat reinforces the better FY outlook. MSN: Q4 Sales Beat
• Positive Sentiment: Amplitude launched “agentic” AI analytics (new product capability) that management says automates monitoring and discovery — a strategic product move that could expand usage and upsell. SiliconANGLE: Agentic Analytics
• Neutral Sentiment: EPS of $0.04 met consensus (in line with estimates), so there was no surprise on the bottom line — performance is steady but not a margin shock. Zacks: EPS Met
• Negative Sentiment: The company remains unprofitable on GAAP margins (negative net margin and ROE) — improving guidance reduces but does not eliminate execution risk; competition in analytics/AI is intensifying, which could pressure pricing and growth over time. Kalkine: Competitive Risks

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.