Amplitude (NASDAQ:AMPL) Trading Up 5.9% – What’s Next?

Shares of Amplitude, Inc. (NASDAQ:AMPL) shot up 5.9% during trading on Monday . The company traded as high as $6.76 and last traded at $6.7850. 1,104,813 shares were traded during mid-day trading, a decline of 46% from the average session volume of 2,052,986 shares. The stock had previously closed at $6.41.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AMPL shares. Weiss Ratings restated a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. UBS Group reduced their price target on Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 19th. BTIG Research lowered their price target on Amplitude from $14.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. DA Davidson dropped their price objective on Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Finally, Piper Sandler cut their price objective on Amplitude from $12.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Ten equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Amplitude presently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

Amplitude Trading Down 0.4%

The business’s 50 day moving average price is $7.62 and its 200-day moving average price is $9.61. The company has a market cap of $707.11 million, a price-to-earnings ratio of -10.13 and a beta of 1.51.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, February 18th. The company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. Amplitude had a negative net margin of 25.80% and a negative return on equity of 32.33%. The firm’s revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.02 earnings per share. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. Equities research analysts forecast that Amplitude, Inc. will post -0.62 EPS for the current fiscal year.

Amplitude announced that its board has authorized a stock buyback program on Wednesday, February 18th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to purchase up to 11.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its position in shares of Amplitude by 2,126.0% in the second quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock valued at $51,590,000 after acquiring an additional 3,973,575 shares during the period. TimesSquare Capital Management LLC acquired a new position in shares of Amplitude in the third quarter valued at about $21,922,000. Wellington Management Group LLP increased its position in Amplitude by 783.5% during the third 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 during the period. Vanguard Group Inc. raised its stake in 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 purchasing an additional 934,350 shares in the last quarter. Finally, Baillie Gifford & Co. raised its stake in Amplitude by 35.5% in the 3rd quarter. Baillie Gifford & Co. now owns 2,681,896 shares of the company’s stock worth $28,750,000 after purchasing an additional 703,328 shares in the last quarter. 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.