Amplitude, Inc. (NASDAQ:AMPL) Stock Has Consensus Price Target of $14.30

Key Points

• Analysts maintain 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 $14.30, although recent targets range as high as $17.00.
• Amplitude shares opened at $17.42, near their 12-month high of $17.72, after reporting quarterly revenue of $100.89 million—above the $98.16 million analyst estimate—and adjusted EPS in line with expectations.
• Insiders sold 560,000 shares worth approximately $7.26 million over the past three months, while institutional investors own 73.20% of the company’s stock.

Shares of Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) have received a consensus rating of "Moderate Buy" from the eleven research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $14.30.

A number of equities research analysts have weighed in on AMPL shares. UBS Group lifted their price target on shares of Amplitude from $8.50 to $13.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Weiss Ratings upgraded Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, August 11th. BTIG Research boosted their target price on Amplitude from $13.00 to $17.00 and gave the stock a "buy" rating in a research note on Tuesday. Raymond James Financial assumed coverage on Amplitude in a report on Tuesday, June 30th. They set a "strong-buy" rating and a $10.00 price target on the stock. Finally, DA Davidson upped their price target on Amplitude from $10.00 to $12.50 and gave the stock a "buy" rating in a report on Thursday, August 6th.

Insider Transactions at Amplitude

In other Amplitude news, CEO Spenser Skates sold 185,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $12.30, for a total value of $2,275,500.00. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nathaniel Glenn Crook sold 300,000 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $12.99, for a total value of $3,897,000.00. Following the completion of the transaction, the insider directly owned 1,622,696 shares in the company, valued at $21,078,821.04. This trade represents a 15.60% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 560,000 shares of company stock valued at $7,261,156. Corporate insiders own 21.59% of the company's stock.

Institutional Trading of Amplitude

Several institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Amplitude by 368.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company's stock valued at $4,213,000 after purchasing an additional 485,752 shares during the last quarter. First Trust Advisors LP grew its position in Amplitude by 362.8% in the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company's stock valued at $2,896,000 after buying an additional 332,830 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Amplitude during the first quarter worth about $3,097,000. Bank of New York Mellon Corp acquired a new position in Amplitude during the 2nd quarter worth approximately $2,204,000. Finally, Squarepoint Ops LLC grew its holdings in Amplitude by 43.4% during the second quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company's stock worth $7,816,000 after acquiring an additional 309,252 shares during the period. Hedge funds and other institutional investors own 73.20% of the company's stock.

Amplitude Trading Up 2.1%

Amplitude stock opened at $17.42 on Friday. The company has a 50-day moving average price of $14.03 and a 200 day moving average price of $10.04. The stock has a market cap of $1.76 billion, a P/E ratio of -23.23 and a beta of 1.49. Amplitude has a 12-month low of $5.51 and a 12-month high of $17.72.

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 the consensus estimate of ($0.01). Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. The firm had revenue of $100.89 million for the quarter, compared to analyst estimates 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. As a group, analysts forecast that Amplitude will post -0.66 EPS for the current year.

About Amplitude

Amplitude, Inc is a software company that provides digital analytics and product experience solutions. Its platform helps organizations collect, analyze and act on user behavior data across websites, mobile applications and other digital products.

The company's offerings include Amplitude Analytics, which enables teams to measure user engagement, retention and conversion; experimentation tools for testing product changes; session replay capabilities for reviewing user interactions; and data management and governance features.

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