Amplitude (NASDAQ:AMPL) Sets New 52-Week Low - Here's What Happened

Key Points

• Shares hit a new 52-week low, trading as low as $5.91 (last $5.7930) on Thursday with ~177,188 shares changing hands, and the stock sits below its 50‑day ($7.21) and 200‑day ($9.43) moving averages with a market cap of ~$606.8M.
• Several analysts trimmed price targets (e.g., DA Davidson, KeyCorp, BTIG, Piper Sandler) but the consensus remains a Moderate Buy with an average price target of $13.00.
• Amplitude reported $0.04 EPS (in line with estimates) and 17% revenue growth, yet showed negative profitability (net margin -25.8%, ROE -32.33%), gave FY2026 EPS guidance of $0.080–0.130, and authorized a $100 million buyback (up to 11.8% of shares).

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $5.91 and last traded at $5.7930, with a volume of 177188 shares changing hands. The stock had previously closed at $6.27.

Wall Street Analyst Weigh In

AMPL has been the topic of several recent analyst reports. DA Davidson dropped their price target on Amplitude from $16.00 to $12.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. KeyCorp dropped their price target on Amplitude from $16.00 to $14.00 and set an "overweight" rating on the stock in a research note on Thursday, February 19th. Weiss Ratings reissued a "sell (d-)" rating on shares of Amplitude in a research note on Monday, December 29th. BTIG Research dropped their price target on Amplitude from $14.00 to $10.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Finally, Piper Sandler dropped their price target on Amplitude from $12.00 to $10.00 and set an "overweight" rating on the stock in a research note on Thursday, February 19th. Ten analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $13.00.

Amplitude Price Performance

The company has a fifty day moving average price of $7.21 and a 200 day moving average price of $9.43. The stock has a market cap of $606.82 million, a P/E ratio of -8.76 and a beta of 1.48.

Amplitude (NASDAQ:AMPL - Get Free Report) last issued its earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, hitting analysts' consensus estimates of $0.04. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.During the same quarter last year, the business earned $0.02 EPS. Amplitude's revenue was up 17.0% compared to the same quarter last year. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020--0.010 EPS. As a group, sell-side analysts expect that Amplitude, Inc. will post -0.62 earnings per share for the current fiscal year.

Amplitude declared that its Board of Directors has authorized a share repurchase program on Wednesday, February 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 11.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Hedge Funds Weigh In On Amplitude

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Amplitude by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company's stock worth $125,360,000 after purchasing an additional 934,350 shares during the period. Alliancebernstein L.P. raised its position in shares of Amplitude by 44.8% during the third quarter. Alliancebernstein L.P. now owns 6,025,390 shares of the company's stock worth $64,592,000 after purchasing an additional 1,864,909 shares during the period. Baillie Gifford & Co. raised its position in shares of Amplitude by 2.2% during the fourth quarter. Baillie Gifford & Co. now owns 2,741,880 shares of the company's stock worth $31,751,000 after purchasing an additional 59,984 shares during the period. Nuveen LLC raised its position in shares of Amplitude by 18.8% during the fourth quarter. Nuveen LLC now owns 2,645,618 shares of the company's stock worth $30,636,000 after purchasing an additional 418,376 shares during the period. Finally, TimesSquare Capital Management LLC raised its position in shares of 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 purchasing an additional 468,418 shares during the period. 73.20% of the stock is owned by institutional investors and hedge funds.

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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