Amplitude (NASDAQ:AMPL) Price Target Raised to $16.00

Key Points

• Morgan Stanley raised Amplitude’s price target to $16 from $12 and maintained an “overweight” rating, implying 27.64% potential upside from the reported $12.54 share price.
• Analyst sentiment is broadly positive: Amplitude has a “Moderate Buy” consensus rating and a $12.55 average price target, with recent target increases from Piper Sandler, UBS, BTIG Research and Citigroup.
• Amplitude’s latest quarter met EPS expectations and exceeded revenue estimates, reporting $100.89 million in revenue; however, the company remains unprofitable, with a negative net margin of 26.59%.

Amplitude (NASDAQ:AMPL - Get Free Report) had its target price lifted by stock analysts at Morgan Stanley from $12.00 to $16.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Morgan Stanley's price target indicates a potential upside of 27.64% from the company's current price.

AMPL has been the topic of a number of other research reports. Piper Sandler boosted their target price on shares of Amplitude from $11.00 to $13.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Weiss Ratings raised Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday. UBS Group boosted their price objective on Amplitude from $8.50 to $13.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. BTIG Research upped their target price on Amplitude from $10.00 to $13.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, Citigroup increased their target price on Amplitude from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.55.

Amplitude Trading Up 1.3%

NASDAQ AMPL traded up $0.15 during trading on Thursday, hitting $12.54. 330,607 shares of the company's stock were exchanged, compared to its average volume of 2,239,733. The company has a market cap of $1.27 billion, a PE ratio of -16.83 and a beta of 1.42. Amplitude has a fifty-two week low of $5.51 and a fifty-two week high of $12.87. The stock's 50 day moving average price is $8.58 and its two-hundred day moving average price is $7.67.

Amplitude (NASDAQ:AMPL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $100.89 million for the quarter, compared to analyst estimates of $98.16 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 37.97%. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. Analysts forecast that Amplitude will post -0.6 earnings per share for the current fiscal year.

Insider Buying and Selling at Amplitude

In other news, 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 transaction of $178,274.03. Following the transaction, the chief technology officer owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. The trade was a 2.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Catherine Wong sold 7,453 shares of the business's stock in a transaction 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 completion of the sale, 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. 21.59% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amplitude

Institutional investors have recently made changes to their positions in the stock. Quarry LP acquired a new stake in shares of Amplitude in the third quarter valued at about $32,000. Osaic Holdings Inc. lifted its stake in shares of Amplitude by 57.8% in the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company's stock worth $64,000 after acquiring an additional 1,879 shares during the period. Krilogy Financial LLC acquired a new position in shares of Amplitude in the first quarter worth approximately $77,000. Schonfeld Strategic Advisors LLC bought a new stake in Amplitude in the third quarter valued at approximately $113,000. Finally, Morse Asset Management Inc bought a new stake in Amplitude in the fourth quarter valued at approximately $116,000. Institutional investors own 73.20% of the company's stock.

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.

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