Amplitude (NASDAQ:AMPL) Shares Up 8.5% – What’s Next?

Shares of Amplitude, Inc. (NASDAQ:AMPL) shot up 8.5% during trading on Friday . The stock traded as high as $7.34 and last traded at $7.3350. 488,695 shares were traded during mid-day trading, a decline of 78% from the average session volume of 2,194,122 shares. The stock had previously closed at $6.76.

Analyst Upgrades and Downgrades

AMPL has been the subject of a number of research reports. Bank of America reissued a “neutral” rating and set a $8.00 target price (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. Piper Sandler dropped their price objective on Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Finally, Weiss Ratings lowered Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Amplitude has an average rating of “Moderate Buy” and an average target price of $12.44.

Amplitude Price Performance

The firm has a market capitalization of $757.73 million, a PE ratio of -10.89 and a beta of 1.45. The company’s fifty day simple moving average is $6.90 and its 200 day simple moving average is $8.09.

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 the consensus estimate of ($0.01) by ($0.01). The business had revenue of $93.49 million during the quarter, compared to the consensus estimate of $92.95 million. Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. Amplitude’s quarterly revenue was up 16.9% compared to the same quarter last year. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. On average, analysts anticipate that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction on Friday, June 12th. The stock was sold at an average price of $6.79, for a total value of $50,605.87. Following the completion of the transaction, the director directly owned 111,462 shares in the company, valued at approximately $756,826.98. The trade was a 6.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Curtis Liu sold 22,201 shares of Amplitude stock in a transaction on 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 transaction, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 47,240 shares of company stock valued at $371,678 over the last quarter. 21.59% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG lifted its holdings in shares of Amplitude by 173.8% in the fourth quarter. UBS Group AG now owns 544,805 shares of the company’s stock worth $6,309,000 after buying an additional 345,813 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Amplitude by 2.6% in the third quarter. Vanguard Group Inc. now owns 9,891,218 shares of the company’s stock worth $106,034,000 after buying an additional 252,646 shares in the last quarter. TimesSquare Capital Management LLC grew its position in Amplitude by 22.9% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock worth $29,105,000 after buying an additional 468,418 shares in the last quarter. Neuberger Berman Group LLC bought a new position in Amplitude in the 3rd quarter worth about $4,573,000. Finally, ArrowMark Colorado Holdings LLC increased its stake in Amplitude by 25.8% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,585,582 shares of the company’s stock worth $16,997,000 after acquiring an additional 324,985 shares during the last quarter. Hedge funds and other 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.