Amplitude (NASDAQ:AMPL) Shares Gap Up – Should You Buy?

Shares of Amplitude, Inc. (NASDAQ:AMPL) gapped up prior to trading on Wednesday . The stock had previously closed at $7.65, but opened at $8.24. Amplitude shares last traded at $8.3750, with a volume of 285,000 shares.

Analyst Upgrades and Downgrades

AMPL has been the topic of a number of research analyst reports. Piper Sandler reduced their price target on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Raymond James Financial started coverage on shares of Amplitude in a research report on Tuesday. They set a “strong-buy” rating and a $10.00 price objective for the company. Weiss Ratings downgraded shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. Finally, Bank of America restated a “neutral” rating and issued a $8.00 target price (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $12.20.

Amplitude Stock Performance

The firm has a market cap of $878.22 million, a price-to-earnings ratio of -12.60 and a beta of 1.45. The business has a fifty day simple moving average of $6.95 and a 200-day simple moving average of $8.01.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The firm had revenue of $93.49 million for the quarter, compared to analyst estimates of $92.95 million. Amplitude’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. On average, equities analysts anticipate that Amplitude, Inc. will post -0.59 earnings per share for the current year.

Insider Buying and Selling

In related news, CTO Curtis Liu sold 22,201 shares of Amplitude stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the sale, the chief technology officer directly owned 1,004,779 shares in the company, valued at $8,068,375.37. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $6.79, for a total transaction of $50,605.87. Following the sale, the director owned 111,462 shares in the company, valued at approximately $756,826.98. This represents a 6.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 47,240 shares of company stock valued at $371,678. 21.59% of the stock is owned by company insiders.

Institutional Trading of Amplitude

Institutional investors have recently modified their holdings of the business. Quarry LP bought a new stake in shares of Amplitude in the third quarter worth $32,000. Osaic Holdings Inc. raised its position in Amplitude by 57.8% during the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after purchasing an additional 1,879 shares during the last quarter. Morse Asset Management Inc acquired a new position in Amplitude during the 4th quarter worth about $116,000. Kemnay Advisory Services Inc. acquired a new position in Amplitude during the 4th quarter worth about $119,000. Finally, Merit Financial Group LLC acquired a new position in Amplitude during the 4th quarter worth about $120,000. Institutional investors own 73.20% of the company’s stock.

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.