Amplitude (NASDAQ:AMPL) Announces Earnings Results

Amplitude (NASDAQ:AMPL) issued its quarterly earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01), FiscalAI reports. Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The firm had revenue of $100.89 million during the quarter, compared to the consensus estimate of $98.16 million. Amplitude updated its Q3 2026 guidance to 0.020-0.030 EPS and its FY 2026 guidance to 0.060-0.080 EPS.

Amplitude Stock Up 1.3%

NASDAQ AMPL traded up $0.13 on Wednesday, reaching $10.01. The company had a trading volume of 2,289,409 shares, compared to its average volume of 2,227,006. The company’s fifty day moving average is $8.13 and its 200 day moving average is $7.61. Amplitude has a 52-week low of $5.51 and a 52-week high of $14.49. The stock has a market capitalization of $1.04 billion, a P/E ratio of -14.94 and a beta of 1.42.

Insider Buying and Selling at Amplitude

In other Amplitude news, CTO Curtis Liu sold 22,201 shares of the company’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 approximately $8,068,375.37. This represents a 2.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $6.79, for a total transaction of $50,605.87. Following the transaction, the director directly owned 111,462 shares in the company, valued at approximately $756,826.98. This represents a 6.27% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 21.59% of the company’s stock.

Institutional Investors Weigh In On Amplitude

A number of hedge funds have recently made changes to their positions in the business. Invesco Ltd. increased its holdings in Amplitude by 16.4% during the fourth quarter. Invesco Ltd. now owns 113,682 shares of the company’s stock worth $1,316,000 after buying an additional 16,009 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Amplitude by 1,106.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 140,708 shares of the company’s stock worth $1,629,000 after acquiring an additional 129,049 shares during the period. Mackenzie Financial Corp bought a new stake in Amplitude in the 4th quarter valued at about $1,017,000. nVerses Capital LLC purchased a new stake in Amplitude during the fourth quarter valued at about $167,000. Finally, VARCOV Co. bought a new position in Amplitude during the fourth quarter worth about $229,000. 73.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AMPL shares. 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. Citigroup lifted their price target on shares of Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Raymond James Financial started coverage on Amplitude in a research note on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 target price for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Amplitude in a report on Tuesday, July 21st. Finally, Piper Sandler boosted their price target on shares of Amplitude from $9.00 to $11.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $12.18.

About Amplitude

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.