Amplitude (NASDAQ:AMPL) Stock Price Up 8.5% – Should You Buy?

Shares of Amplitude, Inc. (NASDAQ:AMPL) were up 8.5% during trading on Friday . The company traded as high as $7.34 and last traded at $7.3350. Approximately 488,695 shares changed hands during trading, a decline of 78% from the average daily volume of 2,194,122 shares. The stock had previously closed at $6.76.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AMPL shares. Weiss Ratings cut Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. Piper Sandler lowered their price objective on Amplitude from $10.00 to $9.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Finally, Bank of America reiterated a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $12.44.

Amplitude Trading Up 9.6%

The stock has a market capitalization of $769.68 million, a price-to-earnings ratio of -11.06 and a beta of 1.45. The company’s 50 day moving average is $6.92 and its 200 day moving average is $8.08.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company had revenue of $93.49 million during the quarter, compared to analyst estimates 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 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. Analysts anticipate that Amplitude, Inc. will post -0.59 EPS for the current fiscal year.

Insider Activity at Amplitude

In other Amplitude 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 value of $178,274.03. Following the completion of the sale, the chief technology officer owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. The trade was a 2.16% 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. Also, Director Catherine Wong sold 7,453 shares of the firm’s 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 transaction, the director owned 111,462 shares in the company, valued at approximately $756,826.98. This trade represents a 6.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 47,240 shares of company stock worth $371,678. 21.59% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amplitude

Several hedge funds have recently made changes to their positions in AMPL. Alliancebernstein L.P. increased its position in Amplitude by 2,126.0% in the 2nd 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. Wellington Management Group LLP lifted its position in Amplitude by 783.5% during 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 during the period. 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 valued at $125,360,000 after purchasing an additional 934,350 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Amplitude in the 1st quarter valued at approximately $3,930,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Amplitude by 368.1% in the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after purchasing an additional 485,752 shares during the period. Institutional investors and hedge funds 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.