Amplitude (NASDAQ:AMPL) Hits New 1-Year High – Should You Buy?

Amplitude, Inc. (NASDAQ:AMPL) reached a new 52-week high during trading on Thursday . The company traded as high as $13.68 and last traded at $13.6950, with a volume of 158384 shares traded. The stock had previously closed at $12.96.

Analysts Set New Price Targets

Several brokerages have issued reports on AMPL. 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 report on Thursday, May 7th. Piper Sandler raised their target price on Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. UBS Group lifted their price target on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a report on Thursday, August 6th. DA Davidson upped their price target on shares of Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley upped their price target on shares of Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.55.

Amplitude Trading Up 0.1%

The firm has a fifty day simple moving average of $10.08 and a 200-day simple moving average of $8.03. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of -19.07 and a beta of 1.42.

Amplitude (NASDAQ:AMPL) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $100.89 million during the quarter, compared to analysts’ expectations of $98.16 million. Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%.Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. On average, equities analysts predict that Amplitude, Inc. will post -0.63 earnings per share for the current fiscal year.

Insider Transactions at Amplitude

In other Amplitude news, Director Catherine Wong sold 7,453 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $6.79, for a total transaction of $50,605.87. Following the transaction, the director directly owned 111,462 shares in the company, valued at approximately $756,826.98. This represents a 6.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Curtis Liu sold 22,201 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were 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 in the company, valued at $8,068,375.37. This trade represents a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 21.59% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amplitude

Institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP bought a new position in Amplitude in the third quarter valued at approximately $32,000. Osaic Holdings Inc. raised its position in shares of Amplitude by 57.8% during the 2nd 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. Krilogy Financial LLC bought a new stake in shares of Amplitude during the 1st quarter valued at $77,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Amplitude in the 3rd quarter valued at $113,000. Finally, Morse Asset Management Inc acquired a new position in shares of Amplitude in the 4th quarter valued at $116,000. 73.20% of the stock is owned by 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.