Amplitude, Inc. (NASDAQ:AMPL) Stock Has Consensus Target Price of $12.55 According to Analysts

Key Points

• Analysts hold 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, below the stock’s reported opening price of $13.30.
• Amplitude’s latest quarterly results matched analysts’ EPS estimate at a $0.01 loss, while revenue of $100.89 million exceeded expectations of $98.16 million. The company reported negative net margin and return on equity and expects a full-year loss of approximately $0.66 per share.
• Insiders recently sold shares under pre-arranged trading plans, including 300,000 shares sold by Nathaniel Glenn Crook and 185,000 by CEO Spenser Skates. Institutional investors own a substantial 73.20% of the company.

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

Several research analysts have commented on the company. DA Davidson lifted their target price on Amplitude from $10.00 to $12.50 and gave the stock a "buy" rating in a report on Thursday, August 6th. Citigroup raised their price objective on Amplitude from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Morgan Stanley upped their target price on Amplitude from $12.00 to $16.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Weiss Ratings raised shares of Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, August 11th. Finally, Raymond James Financial started coverage on shares of Amplitude in a research report on Tuesday, June 30th. They issued a "strong-buy" rating and a $10.00 price target on the stock.

Amplitude Price Performance

Shares of NASDAQ AMPL opened at $13.30 on Tuesday. The company has a 50 day simple moving average of $12.08 and a 200 day simple moving average of $8.95. Amplitude has a 1 year low of $5.51 and a 1 year high of $14.76. The firm has a market cap of $1.35 billion, a PE ratio of -17.73 and a beta of 1.50.

Amplitude (NASDAQ:AMPL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (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 during 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. As a group, research analysts anticipate that Amplitude will post -0.66 earnings per share for the current fiscal year.

Insider Transactions at Amplitude

In other Amplitude news, insider Nathaniel Glenn Crook sold 300,000 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $12.99, for a total value of $3,897,000.00. Following the transaction, the insider directly owned 1,622,696 shares of the company's stock, valued at approximately $21,078,821.04. The trade was a 15.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Spenser Skates sold 185,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $12.30, for a total value of $2,275,500.00. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 21.59% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AMPL. Integrated Wealth Concepts LLC bought a new position in shares of Amplitude in the 2nd quarter worth $48,000. Squarepoint Ops LLC lifted its stake in shares of Amplitude by 43.4% in the second quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company's stock valued at $7,816,000 after buying an additional 309,252 shares in the last quarter. Corient Private Wealth LP grew its holdings in shares of Amplitude by 982.2% during the second quarter. Corient Private Wealth LP now owns 178,613 shares of the company's stock valued at $1,366,000 after buying an additional 162,109 shares during the last quarter. Madison Asset Management LLC bought a new stake in shares of Amplitude during the second quarter worth about $2,390,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Amplitude in the 2nd quarter worth about $2,204,000. 73.20% of the stock is owned by institutional investors.

About Amplitude

Amplitude, Inc NASDAQ: AMPL develops a digital analytics platform that helps companies understand how users interact with their websites, mobile applications and other digital products. Its software is designed to help organizations analyze customer behavior, identify opportunities for product improvement and support data-driven decision-making.

The company's product offerings include Amplitude Analytics for behavioral and product analysis, along with tools for experimentation, session replay, customer data management and product performance monitoring.

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