Amplitude (NASDAQ:AMPL) Stock Price Expected to Rise, Piper Sandler Analyst Says

Amplitude (NASDAQ:AMPL) had its target price lifted by analysts at Piper Sandler from $11.00 to $13.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s price target would suggest a potential upside of 15.45% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Amplitude in a report on Tuesday, July 21st. BTIG Research upped their price objective on shares of Amplitude from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday. Raymond James Financial started coverage on shares of Amplitude in a research report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 target price for the company. Citigroup lifted their target price on shares of Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $8.00 price target (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned 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 stock currently has an average rating of “Moderate Buy” and an average price target of $12.55.

Amplitude Trading Up 4.5%

Shares of AMPL stock opened at $11.26 on Thursday. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of -15.01 and a beta of 1.42. Amplitude has a 1-year low of $5.51 and a 1-year high of $12.80. The stock’s fifty day simple moving average is $8.34 and its 200-day simple moving average is $7.64.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Amplitude had a negative return on equity of 37.97% and a negative net margin of 26.59%.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. On average, sell-side analysts predict that Amplitude will post -0.59 EPS for the current year.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Amplitude by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock valued at $125,360,000 after purchasing an additional 934,350 shares during the period. Alliancebernstein L.P. raised its holdings in Amplitude by 44.8% in the 3rd quarter. Alliancebernstein L.P. now owns 6,025,390 shares of the company’s stock worth $64,592,000 after acquiring an additional 1,864,909 shares during the period. Baillie Gifford & Co. lifted its position in Amplitude by 2.2% during the 4th quarter. Baillie Gifford & Co. now owns 2,741,880 shares of the company’s stock worth $31,751,000 after acquiring an additional 59,984 shares during the last quarter. Nuveen LLC boosted its holdings in Amplitude by 18.8% during the fourth quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock valued at $30,636,000 after acquiring an additional 418,376 shares during the period. Finally, TimesSquare Capital Management LLC grew its position in shares of Amplitude by 22.9% in the fourth quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after purchasing an additional 468,418 shares during the last quarter. 73.20% of the stock is owned by institutional investors.

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.