Brokerages Set Amplitude, Inc. (NASDAQ:AMPL) Target Price at $12.44

Amplitude, Inc. (NASDAQ:AMPL) has been given a consensus recommendation of “Moderate Buy” by the eleven brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $12.4444.

Several research analysts have recently issued reports on AMPL shares. UBS Group dropped their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. KeyCorp dropped their price objective on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Bank of America restated a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. DA Davidson dropped their price objective on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Finally, BTIG Research lowered their target price on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th.

Amplitude Price Performance

Amplitude stock opened at $8.34 on Wednesday. The firm has a market cap of $866.25 million, a price-to-earnings ratio of -12.45 and a beta of 1.45. Amplitude has a fifty-two week low of $5.51 and a fifty-two week high of $14.49. The firm has a fifty day moving average price of $6.74 and a two-hundred day moving average price of $8.51.

Amplitude (NASDAQ:AMPL) last released its earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The firm had revenue of $93.49 million for the quarter, compared to analyst estimates of $92.95 million. Amplitude’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. As a group, sell-side analysts expect that Amplitude will post -0.59 earnings per share for the current year.

Amplitude announced that its board has authorized a share buyback plan on Wednesday, February 18th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 11.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, CTO Curtis Liu sold 17,586 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $8.12, for a total value of $142,798.32. Following the sale, the chief technology officer owned 1,067,259 shares of the company’s stock, valued at $8,666,143.08. The trade was a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 21.59% of the stock is currently owned by insiders.

Institutional Trading of Amplitude

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quarry LP bought a new stake in Amplitude in the third quarter valued at about $32,000. Osaic Holdings Inc. increased its stake in Amplitude by 57.8% in the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after acquiring an additional 1,879 shares during the period. Morse Asset Management Inc bought a new stake in Amplitude in the fourth quarter valued at about $116,000. Kemnay Advisory Services Inc. bought a new stake in Amplitude in the fourth quarter valued at about $119,000. Finally, Merit Financial Group LLC bought a new stake in Amplitude in the fourth quarter valued at about $120,000. Institutional investors own 73.20% of the company’s stock.

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.