FY2026 EPS Estimates for Amplitude Decreased by DA Davidson

Amplitude, Inc. (NASDAQ:AMPL - Free Report) - Equities research analysts at DA Davidson reduced their FY2026 earnings per share estimates for shares of Amplitude in a report issued on Tuesday, April 15th. DA Davidson analyst C. Wright now expects that the company will earn ($0.62) per share for the year, down from their previous estimate of ($0.60). DA Davidson currently has a "Buy" rating and a $12.00 target price on the stock. The consensus estimate for Amplitude's current full-year earnings is ($0.62) per share.

Several other analysts have also recently issued reports on AMPL. Robert W. Baird upgraded shares of Amplitude from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $12.00 to $17.00 in a research note on Thursday, February 20th. Needham & Company LLC reaffirmed a "buy" rating and set a $16.00 price target on shares of Amplitude in a research note on Tuesday, March 11th. Bank of America increased their target price on shares of Amplitude from $14.00 to $16.00 and gave the company a "buy" rating in a report on Thursday, February 20th. Citigroup boosted their price objective on Amplitude from $11.00 to $15.00 and gave the company a "neutral" rating in a research report on Monday, February 24th. Finally, Piper Sandler boosted their price target on Amplitude from $15.00 to $17.00 and gave the company an "overweight" rating in a report on Thursday, February 20th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $14.40.

Amplitude Price Performance

Shares of AMPL traded up $0.18 during midday trading on Thursday, hitting $7.89. 570,121 shares of the company traded hands, compared to its average volume of 644,908. The stock has a 50-day moving average of $11.00 and a 200-day moving average of $10.71. Amplitude has a one year low of $7.37 and a one year high of $14.88. The firm has a market cap of $1.02 billion, a P/E ratio of -10.27 and a beta of 1.40.

Amplitude (NASDAQ:AMPL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.27). Amplitude had a negative return on equity of 32.24% and a negative net margin of 31.52%. The company had revenue of $78.13 million during the quarter, compared to the consensus estimate of $76.68 million.

Institutional Investors Weigh In On Amplitude

A number of institutional investors have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. raised its stake in Amplitude by 9.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 8,996,229 shares of the company's stock valued at $94,911,000 after purchasing an additional 770,227 shares during the period. Sunriver Management LLC boosted its position in shares of Amplitude by 24.3% during the fourth quarter. Sunriver Management LLC now owns 3,772,808 shares of the company's stock worth $39,803,000 after acquiring an additional 737,600 shares during the last quarter. Vanguard Group Inc. grew its stake in Amplitude by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 9,189,698 shares of the company's stock valued at $96,951,000 after acquiring an additional 447,277 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Amplitude during the 4th quarter valued at about $4,320,000. Finally, Monimus Capital Management LP purchased a new position in shares of Amplitude during the fourth quarter valued at about $3,630,000. Hedge funds and other institutional investors own 73.20% of the company's stock.

Insider Buying and Selling at Amplitude

In other Amplitude news, Director Eric Vishria sold 3,563 shares of the company's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $12.00, for a total value of $42,756.00. Following the completion of the transaction, the director now directly owns 276,208 shares in the company, valued at $3,314,496. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.80% of the stock is owned by corporate insiders.

About Amplitude

Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.