Amplitude (NASDAQ:AMPL) Updates FY 2026 Earnings Guidance

Amplitude (NASDAQ:AMPL) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.030-0.060 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $397.0 million-$403.0 million, compared to the consensus revenue estimate of $394.8 million. Amplitude also updated its Q2 2026 guidance to -0.020–0.010 EPS.

Amplitude Trading Down 23.3%

Shares of AMPL stock traded down $1.75 during trading hours on Thursday, reaching $5.77. The company’s stock had a trading volume of 1,742,549 shares, compared to its average volume of 1,927,914. The stock has a market capitalization of $598.60 million, a P/E ratio of -8.57 and a beta of 1.43. Amplitude has a one year low of $5.51 and a one year high of $14.49. The firm’s fifty day simple moving average is $7.02 and its 200 day simple moving average is $8.94.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.The company had revenue of $91.43 million for the quarter, compared to analyst estimates of $90.35 million. During the same period in the previous year, the company posted $0.02 earnings per share. The firm’s revenue was up 17.0% on a year-over-year basis. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. As a group, equities research analysts forecast that Amplitude will post -0.63 earnings per share for the current fiscal year.

Amplitude announced that its board has authorized a stock buyback plan on Wednesday, February 18th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 11.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

AMPL has been the topic of several research reports. KeyCorp dropped their price target on Amplitude from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Morgan Stanley set a $16.00 price objective on Amplitude and gave the company an “overweight” rating in a research note on Thursday, January 15th. Bank of America reiterated a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a research note on Thursday. 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 note on Tuesday, April 14th. Finally, DA Davidson lowered their price objective on Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Nine equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $12.44.

Insider Buying and Selling at Amplitude

In other news, CTO Curtis Liu sold 17,586 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $8.12, for a total value of $142,798.32. Following the completion of the transaction, the chief technology officer owned 1,067,259 shares in the company, valued at $8,666,143.08. The trade was a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 21.59% of the stock is owned by corporate insiders.

Amplitude News Roundup

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Full‑year outlook raised — Amplitude updated FY‑2026 guidance to higher revenue and positive EPS (management gave EPS $0.03–$0.06 and revenue $397M–$403M), which signals improved multi‑quarter profit visibility. Read More.
• Positive Sentiment: Revenue beat & solid growth — Q1 revenue of $93.49M rose ~17% y/y and topped Street estimates, reflecting enterprise customer additions and pricing adoption that support the SaaS growth story. Read More.
• Positive Sentiment: Partnership could broaden GTM — A new partnership with Adswerve may help connect acquisition channels to product analytics and accelerate enterprise adoption. Read More.
• Neutral Sentiment: Earnings call transcript available — The call provides management detail on pricing, AI product adoption and customer metrics that investors should review to judge revenue quality and margin cadence. Read More.
• Negative Sentiment: EPS miss — GAAP/non‑GAAP loss of ($0.02) missed consensus (loss of $0.01), keeping near‑term profitability a concern despite the top‑line beat. Read More.
• Negative Sentiment: Q2 EPS guide slightly below Street — Q2 EPS guidance of -$0.02 to -$0.01 came in a touch under consensus, reinforcing near‑term margin pressure even as Q2 revenue guidance was slightly above estimates. Read More.
• Negative Sentiment: Insider sale — CTO Curtis Liu sold ~17.6k shares at ~$8.12; modest in size but can add to short‑term negative sentiment. Read More.
• Negative Sentiment: Analyst action & market reaction — Bank of America reaffirmed a Neutral rating and cut its target to $8 (from $10), and the stock sold off after the mixed print, indicating traders prioritized the EPS miss and near‑term guide. Read More. Read More.

Institutional Trading of Amplitude

A number of hedge funds have recently bought and sold shares of AMPL. Quarry LP purchased a new stake in Amplitude during the third quarter valued at $32,000. Osaic Holdings Inc. increased its position in Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after acquiring an additional 1,879 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in Amplitude during the third quarter valued at $113,000. Magnetar Financial LLC purchased a new stake in Amplitude during the fourth quarter valued at $122,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Amplitude during the third quarter valued at $125,000. Hedge funds and other 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.