Amplitude (NASDAQ:AMPL) Trading Down 4.8% – What’s Next?

Amplitude, Inc. (NASDAQ:AMPL) shares dropped 4.8% on Monday . The company traded as low as $7.28 and last traded at $7.2950. Approximately 312,760 shares changed hands during trading, a decline of 86% from the average daily volume of 2,188,958 shares. The stock had previously closed at $7.66.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. UBS Group reduced their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. DA Davidson decreased their price target on Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Bank of America reaffirmed 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. Weiss Ratings cut Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Finally, BTIG Research decreased their target price on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $12.44.

Amplitude Stock Performance

The stock has a fifty day simple moving average of $6.85 and a two-hundred day simple moving average of $8.39. The stock has a market capitalization of $722.94 million, a price-to-earnings ratio of -10.39 and a beta of 1.45.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings data 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 business had revenue of $93.49 million during the quarter, compared to analyst estimates of $92.95 million. Amplitude’s revenue for the quarter was up 16.9% on a year-over-year basis. 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 forecast that Amplitude, Inc. will post -0.59 earnings per share for the current year.

Amplitude declared that its board has initiated a share repurchase program on Wednesday, February 18th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 11.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Insider Activity at Amplitude

In other news, CTO Curtis Liu sold 22,201 shares of Amplitude stock in a transaction on Monday, June 1st. The shares were 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 $8,068,375.37. The trade was a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 21.59% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amplitude

A number of large investors have recently bought and sold shares of the stock. Quarry LP acquired a new position in shares of Amplitude during the third quarter valued at 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 valued at $64,000 after buying an additional 1,879 shares during the period. Krilogy Financial LLC bought a new stake in Amplitude in the 1st quarter valued at about $77,000. Legato Capital Management LLC bought a new stake in Amplitude in the 3rd quarter valued at about $112,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Amplitude during the 3rd quarter worth approximately $113,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.

Amplitude Company Profile

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.