Amplitude (NASDAQ:AMPL) Shares Down 4.8% – What’s Next?

Shares of Amplitude, Inc. (NASDAQ:AMPL) traded down 4.8% on Monday . The company traded as low as $7.28 and last traded at $7.2950. 312,760 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 2,188,958 shares. The stock had previously closed at $7.66.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Bank of America reiterated a “neutral” rating and issued a $8.00 target price (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Weiss Ratings downgraded Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. UBS Group lowered their target price on Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 19th. DA Davidson lowered their target price on Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, Piper Sandler decreased their price objective on Amplitude from $10.00 to $9.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Nine analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Amplitude currently has a consensus rating of “Moderate Buy” and an average price target of $12.44.

Amplitude Price Performance

The stock has a market cap of $748.69 million, a P/E ratio of -10.77 and a beta of 1.45. The company has a fifty day moving average price of $6.83 and a 200 day moving average price of $8.43.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The firm had revenue of $93.49 million for the quarter, compared to the consensus estimate of $92.95 million. Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. As a group, sell-side analysts expect that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.

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

Insider Activity at Amplitude

In other news, CTO Curtis Liu sold 22,201 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief technology officer owned 1,004,779 shares in the company, valued at $8,068,375.37. The trade was a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 21.59% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amplitude

Several large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. grew its stake in shares of Amplitude by 2,126.0% in the 2nd 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 in the last quarter. TimesSquare Capital Management LLC bought a new stake in shares of Amplitude in the 3rd quarter worth $21,922,000. Wellington Management Group LLP grew its stake in shares of Amplitude by 783.5% in the 3rd quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock worth $21,725,000 after acquiring an additional 1,797,228 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Amplitude by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after acquiring an additional 934,350 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Amplitude in the 1st quarter worth $3,930,000. 73.20% of the stock is currently owned by institutional investors.

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.