Amplitude (NASDAQ:AMPL) Upgraded at Raymond James Financial

Amplitude (NASDAQ:AMPL) was upgraded by analysts at Raymond James Financial to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

AMPL has been the subject of several other research reports. 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. Piper Sandler reduced 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, Weiss Ratings cut Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Amplitude presently has an average rating of “Moderate Buy” and an average target price of $12.20.

Amplitude Price Performance

NASDAQ:AMPL opened at $8.55 on Tuesday. The firm has a market capitalization of $888.09 million, a P/E ratio of -12.76 and a beta of 1.44. The business has a 50 day simple moving average of $6.98 and a 200 day simple moving average of $7.99. Amplitude has a 12-month low of $5.51 and a 12-month high of $14.49.

Amplitude (NASDAQ:AMPL) last posted its earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share (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 company had revenue of $93.49 million during the quarter, compared to the consensus estimate of $92.95 million. The company’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. Research analysts anticipate that Amplitude will post -0.59 EPS for the current fiscal year.

Insider Buying and Selling

In other Amplitude news, CTO Curtis Liu sold 22,201 shares of the stock in a transaction 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 transaction, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction on Friday, June 12th. The shares were sold at an average price of $6.79, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 47,240 shares of company stock valued at $371,678. Company insiders own 21.59% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Quarry LP bought a new stake in Amplitude in the third quarter worth about $32,000. Osaic Holdings Inc. grew its stake in shares of Amplitude by 57.8% in 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. Krilogy Financial LLC bought a new stake in shares of Amplitude in the 1st quarter worth approximately $77,000. Legato Capital Management LLC acquired a new stake in Amplitude during the third quarter valued at approximately $112,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in Amplitude during the third quarter valued at approximately $113,000. 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.