FY2026 EPS Estimates for Amplitude Increased by DA Davidson

Amplitude, Inc. (NASDAQ:AMPL - Free Report) - DA Davidson upped their FY2026 earnings estimates for Amplitude in a research report issued to clients and investors on Tuesday, March 11th. DA Davidson analyst C. Wright now expects that the company will post earnings of ($0.60) per share for the year, up from their prior estimate of ($0.61). DA Davidson currently has a "Buy" rating and a $16.00 target price on the stock. The consensus estimate for Amplitude's current full-year earnings is ($0.62) per share.

AMPL has been the subject of several other reports. Baird R W upgraded shares of Amplitude from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 20th. Morgan Stanley boosted their price objective on shares of Amplitude from $11.00 to $13.00 and gave the company an "equal weight" rating in a research report on Thursday, February 20th. Citigroup boosted their price objective on shares of Amplitude from $11.00 to $15.00 and gave the company a "neutral" rating in a research report on Monday, February 24th. KeyCorp upgraded shares of Amplitude from a "sector weight" rating to an "overweight" rating and set a $15.00 price objective for the company in a research report on Friday, December 13th. Finally, Needham & Company LLC restated a "buy" rating and set a $16.00 price objective on shares of Amplitude in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $15.00.

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Amplitude Price Performance

AMPL traded up $0.35 during trading on Thursday, hitting $11.75. 779,436 shares of the stock traded hands, compared to its average volume of 527,421. Amplitude has a twelve month low of $7.37 and a twelve month high of $14.88. The company has a market cap of $1.52 billion, a price-to-earnings ratio of -15.26 and a beta of 1.35. The business has a 50 day moving average price of $11.89 and a 200 day moving average price of $10.48.

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

Institutional Trading of Amplitude

Several institutional investors have recently modified their holdings of the business. Occudo Quantitative Strategies LP grew its stake in shares of Amplitude by 2.1% in the fourth quarter. Occudo Quantitative Strategies LP now owns 41,365 shares of the company's stock worth $436,000 after purchasing an additional 832 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Amplitude by 1.0% in the fourth quarter. Rhumbline Advisers now owns 101,954 shares of the company's stock worth $1,076,000 after purchasing an additional 1,040 shares during the last quarter. Summit Investment Advisors Inc. grew its stake in shares of Amplitude by 22.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,172 shares of the company's stock worth $86,000 after purchasing an additional 1,492 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Amplitude by 2.6% in the fourth quarter. Legal & General Group Plc now owns 82,998 shares of the company's stock worth $876,000 after purchasing an additional 2,111 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Amplitude by 6.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,361 shares of the company's stock valued at $468,000 after acquiring an additional 2,512 shares during the last quarter. Institutional investors own 73.20% of the company's stock.

Insiders Place Their Bets

In related news, Director Eric Vishria sold 35,000 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $12.80, for a total value of $448,000.00. Following the sale, the director now owns 286,859 shares of the company's stock, valued at $3,671,795.20. The trade was a 10.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 4.80% of the company's stock.

Amplitude Company Profile

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.