Amplitude (NASDAQ:AMPL) Price Target Raised to $13.00

Amplitude (NASDAQ:AMPL) had its price objective hoisted by Piper Sandler from $11.00 to $13.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price objective indicates a potential upside of 29.87% from the stock’s current price.

AMPL has been the subject of several other reports. Citigroup upped their price objective on shares of Amplitude from $7.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of Amplitude in a research report on Tuesday, July 21st. BTIG Research upped their price target on shares of Amplitude from $10.00 to $13.00 and gave the company a “buy” rating in a report on Thursday. Bank of America reiterated a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. Finally, Raymond James Financial began coverage on Amplitude in a report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Amplitude has a consensus rating of “Moderate Buy” and a consensus target price of $12.64.

Amplitude Stock Performance

Shares of NASDAQ AMPL opened at $10.01 on Thursday. The business’s 50-day simple moving average is $8.19 and its 200-day simple moving average is $7.60. Amplitude has a 52 week low of $5.51 and a 52 week high of $14.49. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -14.94 and a beta of 1.42.

Amplitude (NASDAQ:AMPL) last posted its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The firm had revenue of $100.89 million during the quarter, compared to analyst estimates of $98.16 million. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. As a group, equities research analysts forecast that Amplitude will post -0.59 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction on Friday, June 12th. The stock was sold at an average price of $6.79, for a total value of $50,605.87. Following the completion of the sale, the director directly owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. This trade represents a 6.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 sale, the chief technology officer owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 21.59% of the company’s stock.

Hedge Funds Weigh In On Amplitude

Large investors have recently modified their holdings of the business. Quarry LP bought a new position in shares of Amplitude in the 3rd quarter valued at about $32,000. Osaic Holdings Inc. raised its holdings in Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after acquiring an additional 1,879 shares in the last quarter. Krilogy Financial LLC bought a new stake in Amplitude during the first quarter worth about $77,000. Schonfeld Strategic Advisors LLC acquired a new position in Amplitude during the third quarter valued at approximately $113,000. Finally, Morse Asset Management Inc bought a new position in Amplitude in the fourth quarter valued at approximately $116,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.

Amplitude News Roundup

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Full-year guidance was raised above consensus. Amplitude expects fiscal 2026 adjusted EPS of $0.06–$0.08, compared with analysts’ expectation for a $0.08 loss, and revenue of $407.2 million–$411.2 million versus the $400.4 million consensus estimate. Amplitude Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Third-quarter expectations also topped estimates. Management forecast adjusted EPS of $0.02–$0.03 and revenue of $105.6 million–$108.0 million, above consensus estimates of breakeven EPS and $102.4 million in revenue, respectively. Amplitude Reports Q2 Loss, Tops Revenue Estimates
• Positive Sentiment: Revenue exceeded expectations. Second-quarter revenue was $100.89 million, ahead of the $98.16 million analyst estimate. Management emphasized its transition toward an AI analytics platform and highlighted the strategic combination of Amplitude and Statsig. Amplitude Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Quarterly earnings matched expectations. Amplitude reported a loss of $0.01 per share, in line with consensus and weaker than the $0.01-per-share profit recorded a year earlier. The company remains unprofitable, with a negative net margin and return on equity.

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.