Amplitude (NASDAQ:AMPL) Releases Q3 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.020-0.030 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of $105.6 million-$108.0 million, compared to the consensus revenue estimate of $102.4 million. Amplitude also updated its FY 2026 guidance to 0.060-0.080 EPS.

Analyst Upgrades and Downgrades

AMPL has been the topic of several recent analyst reports. Piper Sandler boosted their price target on Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a research note on Thursday. Bank of America reaffirmed 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. BTIG Research increased their price target on Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday. Raymond James Financial initiated coverage on Amplitude in a report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 price objective for the company. Finally, UBS Group increased their target price on Amplitude from $8.50 to $13.00 and gave the stock a “buy” rating in a report on Thursday. One investment 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $12.95.

Amplitude Price Performance

Shares of AMPL traded up $0.76 during trading hours on Thursday, hitting $10.77. The company’s stock had a trading volume of 4,629,460 shares, compared to its average volume of 2,243,551. The business has a 50 day simple moving average of $8.19 and a two-hundred day simple moving average of $7.60. The company has a market cap of $1.12 billion, a price-to-earnings ratio of -16.07 and a beta of 1.42. Amplitude has a 52-week low of $5.51 and a 52-week high of $14.49.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $100.89 million during the quarter, compared to analyst estimates of $98.16 million. Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. Research analysts predict that Amplitude will post -0.59 earnings per share for the current year.

Insiders Place Their Bets

In related news, CTO Curtis Liu sold 22,201 shares of the business’s 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 sale, the chief technology officer directly owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. The trade was a 2.16% decrease in their position. The transaction 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 the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $6.79, for a total value of $50,605.87. Following the sale, the director directly owned 111,462 shares in the company, valued at $756,826.98. This trade represents a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 21.59% of the company’s stock.

Amplitude News Summary

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Revenue beat and stronger outlook: Amplitude reported Q2 revenue of $100.89 million, above the $98.16 million consensus estimate. Management forecast third-quarter revenue of $105.6 million–$108.0 million and full-year revenue of $407.2 million–$411.2 million, both ahead of analyst expectations. Amplitude Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Profitability guidance exceeded expectations: Amplitude projected third-quarter EPS of $0.02–$0.03 versus a consensus estimate of breakeven, while full-year EPS guidance of $0.06–$0.08 was well above the previously cited analyst estimate of a $0.08 loss. Amplitude Q2 Sales and Outlook
• Positive Sentiment: Analyst optimism increased: BTIG Research raised its price target from $10 to $13 and assigned a Buy rating. Piper Sandler also lifted its target from $11 to $13 and upgraded its view to Overweight, supporting the stock’s upward move.
• Neutral Sentiment: Quarterly loss matched expectations: Amplitude reported a Q2 loss of $0.01 per share, in line with consensus and compared with earnings of $0.01 per share a year earlier. Amplitude Reports Q2 Loss and Revenue Beat
• Negative Sentiment: Profitability remains weak: The company continues to report a negative net margin and negative return on equity, indicating that the improved outlook has not yet translated into sustained current-period profitability.

Institutional Investors Weigh In On Amplitude

Institutional investors and hedge funds have recently bought and sold shares of the stock. PharVision Advisers LLC purchased a new position in Amplitude in the third quarter worth $174,000. Jain Global LLC purchased a new stake in Amplitude during the third quarter valued at about $167,000. Caxton Associates LLP raised its position in Amplitude by 31.0% during the second quarter. Caxton Associates LLP now owns 16,792 shares of the company’s stock valued at $208,000 after purchasing an additional 3,971 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in Amplitude during the second quarter valued at about $143,000. Finally, Jump Financial LLC bought a new stake in Amplitude during the second quarter worth about $208,000. 73.20% of the stock is owned by hedge funds and other institutional investors.

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.