Amplitude, Inc. (NASDAQ:AMPL) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Amplitude, with seven buy ratings, one strong buy, two holds and one sell. The average 12-month price target is $12.55.
• Amplitude reported quarterly revenue of $100.89 million, ahead of the $98.16 million analyst estimate, while adjusted EPS of negative $0.01 matched expectations. Management guided for positive EPS in both Q3 and fiscal 2026.
• The stock opened at $13.55, up 2%, and has risen above its 50-day and 200-day moving averages; institutional investors and hedge funds own 73.2% of the company.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) has been given an average rating of "Moderate Buy" by the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $12.55.

Several research analysts have weighed in on AMPL shares. Weiss Ratings raised shares of Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, August 11th. DA Davidson lifted their price objective on shares of Amplitude from $10.00 to $12.50 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Morgan Stanley boosted their price target on shares of Amplitude from $12.00 to $16.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Citigroup increased their price objective on Amplitude from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Finally, UBS Group lifted their target price on shares of Amplitude from $8.50 to $13.00 and gave the company a "buy" rating in a research note on Thursday, August 6th.

Insider Buying and Selling at Amplitude

In other news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction dated 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 $756,826.98. The trade was a 6.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 21.59% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amplitude

A number of hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LP lifted its stake in Amplitude by 982.2% in the second quarter. Corient Private Wealth LP now owns 178,613 shares of the company's stock valued at $1,366,000 after acquiring an additional 162,109 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Amplitude by 716.4% during the 2nd quarter. California State Teachers Retirement System now owns 718,037 shares of the company's stock worth $5,493,000 after purchasing an additional 630,086 shares during the last quarter. Madison Asset Management LLC acquired a new position in shares of Amplitude during the 2nd quarter worth $2,390,000. Bank of New York Mellon Corp acquired a new position in shares of Amplitude during the 2nd quarter worth $2,204,000. Finally, Quantinno Capital Management LP raised its holdings in shares of Amplitude by 1,683.8% during the 1st quarter. Quantinno Capital Management LP now owns 370,515 shares of the company's stock valued at $2,527,000 after purchasing an additional 349,744 shares in the last quarter. Institutional investors and hedge funds own 73.20% of the company's stock.

Amplitude Trading Up 2.0%

NASDAQ:AMPL opened at $13.55 on Friday. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of -18.07 and a beta of 1.50. The firm's fifty day simple moving average is $10.64 and its 200 day simple moving average is $8.24. Amplitude has a twelve month low of $5.51 and a twelve month high of $14.76.

Amplitude (NASDAQ:AMPL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%.The company had revenue of $100.89 million for the quarter, compared to analysts' expectations of $98.16 million. 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 predict that Amplitude will post -0.63 earnings per share for the current year.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source