KeyCorp Lowers Amplitude (NASDAQ:AMPL) Price Target to $14.00

Amplitude (NASDAQ:AMPL) had its price objective reduced by equities researchers at KeyCorp from $16.00 to $14.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp’s price target points to a potential upside of 95.04% from the company’s current price.

Several other equities research analysts have also recently commented on the stock. Robert W. Baird raised their target price on shares of Amplitude from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. BTIG Research lowered their price objective on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings reissued a “sell (d-)” rating on shares of Amplitude in a research report on Monday, December 29th. Morgan Stanley set a $16.00 price objective on Amplitude and gave the stock an “overweight” rating in a report on Thursday, January 15th. Finally, Piper Sandler dropped their target price on shares of Amplitude from $12.00 to $10.00 and set an “overweight” rating on the stock in a report on Thursday. Ten research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.82.

Amplitude Trading Down 0.0%

Amplitude stock opened at $7.18 on Thursday. The firm has a market cap of $959.63 million, a P/E ratio of -9.07 and a beta of 1.48. Amplitude has a 1-year low of $5.99 and a 1-year high of $14.88. The firm has a 50-day moving average of $9.93 and a 200-day moving average of $10.48.

Amplitude (NASDAQ:AMPL) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. The firm had revenue of $91.43 million for the quarter, compared to analyst estimates of $90.35 million. Amplitude had a negative return on equity of 36.27% and a negative net margin of 31.36%.The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company earned $0.02 EPS. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. Research analysts forecast that Amplitude will post -0.62 earnings per share for the current fiscal year.

Amplitude announced that its board has approved a share buyback plan on Wednesday, February 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 11.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Amplitude

In other Amplitude news, CEO Spenser Skates sold 42,743 shares of the stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $12.01, for a total transaction of $513,343.43. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Erica Schultz sold 10,000 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $10.88, for a total value of $108,800.00. Following the completion of the transaction, the director owned 114,906 shares of the company’s stock, valued at $1,250,177.28. This represents a 8.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 52,843 shares of company stock worth $623,343 over the last ninety days. 23.83% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Amplitude

Institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. raised its position in Amplitude by 2,126.0% in the second quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock worth $51,590,000 after acquiring an additional 3,973,575 shares during the period. TimesSquare Capital Management LLC purchased a new stake in Amplitude in the third quarter worth about $21,922,000. Wellington Management Group LLP increased its position in Amplitude by 783.5% in the third quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock worth $21,725,000 after buying an additional 1,797,228 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Amplitude by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after buying an additional 934,350 shares during the period. Finally, Baillie Gifford & Co. lifted its position in shares of Amplitude by 35.5% during the 3rd quarter. Baillie Gifford & Co. now owns 2,681,896 shares of the company’s stock valued at $28,750,000 after buying an additional 703,328 shares in the last quarter. Institutional investors own 73.20% of the company’s stock.

Amplitude News Roundup

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Management issued materially stronger FY‑2026 guidance (EPS $0.08–0.13 vs. consensus negative) and raised revenue targets, signaling a path to profitability and better-than-expected growth prospects. Earnings Release
• Positive Sentiment: Company outlined a 15% revenue growth target for 2026 and said AI agents now drive ~25% of platform queries — a product-led growth narrative that supports higher customer engagement and incremental monetization. MSN: Revenue Target & AI Usage
• Positive Sentiment: Board authorized a $100M share repurchase (about 11.8% of shares), which reduces float and signals management thinks the stock is undervalued — typically supportive for the share price. RTT News: Buyback
• Positive Sentiment: Q4 revenue of $91.4M topped estimates (consensus ≈ $90.4M) and revenue grew ~17% YoY — the top line beat reinforces the better FY outlook. MSN: Q4 Sales Beat
• Positive Sentiment: Amplitude launched “agentic” AI analytics (new product capability) that management says automates monitoring and discovery — a strategic product move that could expand usage and upsell. SiliconANGLE: Agentic Analytics
• Neutral Sentiment: EPS of $0.04 met consensus (in line with estimates), so there was no surprise on the bottom line — performance is steady but not a margin shock. Zacks: EPS Met
• Negative Sentiment: The company remains unprofitable on GAAP margins (negative net margin and ROE) — improving guidance reduces but does not eliminate execution risk; competition in analytics/AI is intensifying, which could pressure pricing and growth over time. Kalkine: Competitive Risks

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.