Amplitude (NASDAQ:AMPL) Trading 7.7% Higher - What's Next?

Key Points

• Amplitude shares jumped 7.7% to about $12.12 in midday trading, although volume was 34% below the average session level.
• Analyst sentiment is broadly positive: UBS, Piper Sandler and BTIG raised their price targets to $13, while the consensus rating is “Moderate Buy” with a $12.55 target.
• Amplitude matched quarterly EPS expectations at a loss of $0.01 but exceeded revenue estimates with $100.89 million; the company remains unprofitable, reporting a negative 26.59% net margin.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report)'s stock price rose 7.7% during mid-day trading on Monday . The stock traded as high as $12.15 and last traded at $12.1220. 1,483,160 shares changed hands during trading, a decline of 34% from the average session volume of 2,241,497 shares. The stock had previously closed at $11.26.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AMPL. 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. Piper Sandler lifted their target price on Amplitude from $11.00 to $13.00 and gave the stock an "overweight" rating in a research note on Thursday. Weiss Ratings restated a "sell (e+)" rating on shares of Amplitude in a research report on Tuesday, July 21st. 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. Finally, BTIG Research lifted their price objective on shares of Amplitude from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $12.55.

Amplitude Price Performance

The stock has a market capitalization of $1.23 billion, a PE ratio of -16.21 and a beta of 1.42. The business's fifty day moving average price is $8.34 and its 200-day moving average price is $7.62.

Amplitude (NASDAQ:AMPL - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $100.89 million during 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. On average, analysts expect 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 the firm's stock in a transaction on Friday, June 12th. The shares were sold at an average price of $6.79, for a total transaction of $50,605.87. Following the sale, the director owned 111,462 shares in the company, valued at approximately $756,826.98. This trade represents a 6.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Curtis Liu sold 22,201 shares of Amplitude stock in a transaction on Monday, June 1st. The stock was sold at an average price of $8.03, for a total transaction of $178,274.03. Following the sale, the chief technology officer directly owned 1,004,779 shares of the company's stock, valued at $8,068,375.37. This represents a 2.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 21.59% of the company's stock.

Institutional Investors Weigh In On Amplitude

A number of large investors have recently added to or reduced their stakes in AMPL. Quarry LP bought a new position in Amplitude during the third quarter valued at approximately $32,000. Osaic Holdings Inc. raised its position in Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company's stock worth $64,000 after purchasing an additional 1,879 shares during the period. Krilogy Financial LLC bought a new stake in Amplitude in the first quarter worth $77,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Amplitude during the third quarter valued at about $113,000. Finally, Morse Asset Management Inc bought a new position in Amplitude during the 4th quarter worth approximately $116,000. Hedge funds and other 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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