BTIG Research Lowers Amplitude (NASDAQ:AMPL) Price Target to $10.00

Amplitude (NASDAQ:AMPL) had its price target reduced by analysts at BTIG Research from $14.00 to $10.00 in a report released on Thursday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. BTIG Research’s price objective would indicate a potential upside of 41.24% from the stock’s current price.

A number of other research firms have also recently commented on AMPL. Robert W. Baird lifted their price target on Amplitude from $14.00 to $15.00 and gave the stock an “outperform” rating in a report on Friday, December 19th. UBS Group raised Amplitude from a “neutral” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. Morgan Stanley set a $16.00 target price on Amplitude and gave the stock an “overweight” rating in a report on Thursday, January 15th. Finally, Piper Sandler cut their price target on Amplitude from $16.00 to $12.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $13.18.

Amplitude Trading Down 1.1%

NASDAQ AMPL opened at $7.08 on Thursday. Amplitude has a 12 month low of $5.99 and a 12 month high of $14.49. The stock has a 50 day moving average of $9.77 and a 200-day moving average of $10.43. The company has a market cap of $946.53 million, a PE ratio of -10.57 and a beta of 1.48.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. Amplitude had a negative net margin of 25.80% and a negative return on equity of 31.40%. The firm had revenue of $91.43 million for the quarter, compared to analyst estimates of $90.35 million. During the same period in the prior year, the firm posted $0.02 earnings per share. The company’s quarterly revenue 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, sell-side analysts predict that Amplitude will post -0.62 EPS for the current fiscal year.

Amplitude declared that its board has approved a share buyback program on Wednesday, February 18th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 11.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, CEO Spenser Skates sold 42,743 shares of the firm’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $12.01, for a total transaction of $513,343.43. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Erica Schultz sold 10,000 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $10.88, for a total value of $108,800.00. Following the sale, the director owned 114,906 shares in the company, valued at $1,250,177.28. This represents a 8.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 52,843 shares of company stock valued at $623,343. Corporate insiders own 23.83% of the company’s stock.

Hedge Funds Weigh In On Amplitude

Large investors have recently bought and sold shares of the company. Alliancebernstein L.P. grew its holdings in shares of Amplitude by 2,126.0% during the second 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 last quarter. TimesSquare Capital Management LLC acquired a new stake in Amplitude during the 3rd quarter worth approximately $21,922,000. Wellington Management Group LLP grew its holdings in Amplitude by 783.5% during the 3rd quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock worth $21,725,000 after acquiring an additional 1,797,228 shares during the last quarter. Vanguard Group Inc. grew its holdings in Amplitude by 9.4% during the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after acquiring an additional 934,350 shares during the last quarter. Finally, Baillie Gifford & Co. increased its position in Amplitude by 35.5% in the 3rd quarter. Baillie Gifford & Co. now owns 2,681,896 shares of the company’s stock valued at $28,750,000 after acquiring an additional 703,328 shares during the period. 73.20% of the stock is currently owned by institutional investors.

Key Stories Impacting Amplitude

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Board-approved $100 million share buyback (up to ~11.8% of shares) signals management thinks the stock is undervalued; buybacks can support the share price and EPS. RTT News: Buyback
• Positive Sentiment: Q4 results: revenue of $91.4M beat estimates and EPS of $0.04 met expectations; revenue growth of ~17% y/y and management set FY2026 revenue growth target of ~15% driven by AI agent adoption (agents now ~25% of queries). These metrics and AI adoption narrative support bullish sentiment. MSN: AI growth & results
• Neutral Sentiment: Company provided Q1 & FY26 EPS guidance (FY26: $0.080–0.130; Q1: -$0.020 to -$0.010). Guidance shows path toward profitability but still modest; impact depends on execution. Marketbeat: Guidance & metrics
• Neutral Sentiment: Multiple earnings call transcripts and presentations provide more color on product launches (agentic analytics) and customer traction — useful for long‑term thesis but less likely to move price immediately. Seeking Alpha: Call transcript
• Negative Sentiment: Several Wall Street firms trimmed price targets (KeyCorp $16→$14, Piper Sandler $12→$10, BTIG $14→$10) even while keeping buy/overweight ratings — this reduces near‑term analyst upside and may pressure sentiment. Benzinga: PT cuts
• Negative Sentiment: Market reaction appears muted or negative despite the buyback and decent revenue — likely because Amplitude remains unprofitable (negative net margin/ROE), EPS forecasts for the year remain negative, and some investors may be wary of valuation given prior highs. Zacks: Meets estimates
• Neutral Sentiment: Short‑interest entries in filings show odd/zero values and NaN increases (likely a data/reporting anomaly); current reported days‑to‑cover is 0.0 — not actionable until clearer data is available. (internal short‑interest entries)

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.