Amplitude (NASDAQ:AMPL) Given New $9.00 Price Target at Piper Sandler

Amplitude (NASDAQ:AMPL) had its target price cut by Piper Sandler from $10.00 to $9.00 in a research report sent to investors on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.

Several other brokerages also recently weighed in on AMPL. Robert W. Baird boosted their target price on Amplitude from $14.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, December 19th. DA Davidson dropped their target price on Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. UBS Group dropped their target price on Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. BTIG Research lowered their price target on Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Amplitude in a research report on Monday, December 29th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $12.90.

Amplitude Price Performance

Shares of AMPL stock opened at $6.20 on Tuesday. Amplitude has a 1-year low of $5.51 and a 1-year high of $14.49. The stock’s fifty day moving average price is $6.97 and its 200 day moving average price is $9.25. The company has a market cap of $645.67 million, a price-to-earnings ratio of -9.25 and a beta of 1.48.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.During the same quarter in the prior year, the business posted $0.02 EPS. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. As a group, equities research analysts anticipate that Amplitude will post -0.62 earnings per share for the current year.

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

Hedge Funds Weigh In On Amplitude

A number of large investors have recently bought and sold shares of AMPL. Alliancebernstein L.P. raised its holdings in Amplitude by 2,126.0% in the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock worth $51,590,000 after purchasing an additional 3,973,575 shares during the period. TimesSquare Capital Management LLC acquired a new position in Amplitude in the 3rd quarter worth about $21,922,000. Wellington Management Group LLP raised its holdings in Amplitude by 783.5% in the 3rd quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock worth $21,725,000 after purchasing an additional 1,797,228 shares during the period. Vanguard Group Inc. raised its holdings in Amplitude by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after purchasing an additional 934,350 shares during the period. Finally, Baillie Gifford & Co. raised its holdings in Amplitude by 35.5% in the 3rd quarter. Baillie Gifford & Co. now owns 2,681,896 shares of the company’s stock worth $28,750,000 after purchasing an additional 703,328 shares during the period. Institutional investors and hedge funds own 73.20% of the company’s stock.

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.