Amplitude (NASDAQ:AMPL) Releases FY 2026 Earnings Guidance

Key Points

• FY 2026 guidance: Amplitude issued EPS guidance of 0.030–0.060 for FY 2026 (vs. consensus -0.040) and revenue guidance of $397.0M–$403.0M, with Q2 EPS guided to -0.020 to -0.010.
• $100 million buyback and insider activity: The board authorized a $100M repurchase program (up to ~11.8% of shares), while CTO Curtis Liu recently sold 17,586 shares; insiders still hold about 21.59% of the stock.
• Market and analyst backdrop: AMPL traded at $7.52 (market cap ≈ $780M) after the update, and analysts maintain a consensus "Moderate Buy" with an average target of $13.22, though several firms have trimmed price targets recently.

Amplitude (NASDAQ:AMPL - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.030-0.060 for the period, compared to the consensus estimate of -0.040. The company issued revenue guidance of $397.0 million-$403.0 million, compared to the consensus revenue estimate of $394.8 million. Amplitude also updated its Q2 2026 guidance to -0.020--0.010 EPS.

Analyst Ratings Changes

Several research analysts recently issued reports on AMPL shares. Piper Sandler reduced their target price on shares of Amplitude from $10.00 to $9.00 and set an "overweight" rating for the company in a report on Tuesday, April 14th. DA Davidson reduced their target price on shares of Amplitude from $16.00 to $12.00 and set a "buy" rating for the company in a report on Thursday, February 19th. Morgan Stanley set a $16.00 target price on shares of Amplitude and gave the stock an "overweight" rating in a report on Thursday, January 15th. KeyCorp reduced their target price on shares of Amplitude from $16.00 to $14.00 and set an "overweight" rating for the company in a report on Thursday, February 19th. Finally, Weiss Ratings cut shares of Amplitude from a "sell (d-)" rating to a "sell (e+)" rating in a report on Friday, April 24th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $13.22.

Amplitude Price Performance

AMPL stock traded down $0.43 during trading on Wednesday, hitting $7.52. The stock had a trading volume of 3,036,920 shares, compared to its average volume of 1,936,235. Amplitude has a twelve month low of $5.51 and a twelve month high of $14.49. The stock has a market capitalization of $780.43 million, a P/E ratio of -11.22 and a beta of 1.43. The company's 50-day moving average price is $7.00 and its two-hundred day moving average price is $8.95.

Amplitude (NASDAQ:AMPL - Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The business had revenue of $93.49 million during the quarter, compared to analyst estimates of $92.95 million. Amplitude had a negative net margin of 25.80% and a negative return on equity of 32.33%. 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 -0.63 EPS for the current fiscal year.

Amplitude declared that its board has authorized a share buyback program on Wednesday, February 18th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 11.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Insider Buying and Selling

In other Amplitude news, CTO Curtis Liu sold 17,586 shares of Amplitude stock in a transaction on Monday, May 4th. The stock was 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 in the company, 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. 21.59% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amplitude

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMPL. AQR Capital Management LLC raised its position in Amplitude by 120.7% in the first quarter. AQR Capital Management LLC now owns 226,486 shares of the company's stock valued at $2,308,000 after purchasing an additional 123,886 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Amplitude by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,399 shares of the company's stock valued at $473,000 after purchasing an additional 2,038 shares during the period. NewEdge Advisors LLC purchased a new stake in Amplitude in the first quarter valued at $580,000. Jones Financial Companies Lllp raised its position in Amplitude by 93,569.0% in the first quarter. Jones Financial Companies Lllp now owns 93,669 shares of the company's stock valued at $954,000 after purchasing an additional 93,569 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in Amplitude by 60.0% in the first quarter. Goldman Sachs Group Inc. now owns 473,491 shares of the company's stock valued at $4,825,000 after purchasing an additional 177,599 shares during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.