Amplitude (AMPL) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Amplitude (NASDAQ: AMPL) recently:

• 2/20/2025 – Amplitude was upgraded by analysts at Baird R W from a “hold” rating to a “strong-buy” rating.
• 2/20/2025 – Amplitude had its price target raised by analysts at Piper Sandler from $15.00 to $17.00. They now have an “overweight” rating on the stock.
• 2/20/2025 – Amplitude was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $17.00 price target on the stock, up previously from $12.00.
• 2/20/2025 – Amplitude had its price target raised by analysts at UBS Group AG from $10.00 to $13.00. They now have a “neutral” rating on the stock.
• 2/20/2025 – Amplitude had its price target raised by analysts at Morgan Stanley from $11.00 to $13.00. They now have an “equal weight” rating on the stock.
• 2/20/2025 – Amplitude had its price target raised by analysts at Bank of America Co. from $14.00 to $16.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Amplitude was upgraded by analysts at DA Davidson from a “neutral” rating to a “buy” rating. They now have a $16.00 price target on the stock, up previously from $12.50.
• 2/10/2025 – Amplitude was upgraded by analysts at DA Davidson to a “hold” rating.
• 1/13/2025 – Amplitude was upgraded by analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating. They now have a $11.00 price target on the stock, up previously from $10.00.
• 1/6/2025 – Amplitude was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $15.00 price target on the stock, up previously from $11.00.

Amplitude Price Performance

AMPL stock traded down $1.04 during midday trading on Friday, reaching $13.40. 3,304,488 shares of the company’s stock traded hands, compared to its average volume of 673,143. The company has a market capitalization of $1.27 billion, a P/E ratio of -17.40 and a beta of 1.37. The business has a 50-day moving average price of $11.49 and a two-hundred day moving average price of $10.07. Amplitude, Inc. has a fifty-two week low of $7.37 and a fifty-two week high of $14.88.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, February 19th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.27). Amplitude had a negative net margin of 31.52% and a negative return on equity of 32.45%. The firm had revenue of $78.13 million during the quarter, compared to analysts’ expectations of $76.68 million. As a group, research analysts forecast that Amplitude, Inc. will post -0.61 earnings per share for the current fiscal year.

Insider Transactions at Amplitude

In other Amplitude news, Director Eric Vishria sold 3,563 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $12.00, for a total value of $42,756.00. Following the transaction, the director now owns 276,208 shares of the company’s stock, valued at $3,314,496. This trade represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 4.80% of the company’s stock.

Hedge Funds Weigh In On Amplitude

Several institutional investors have recently modified their holdings of the company. Headlands Technologies LLC acquired a new stake in Amplitude in the 4th quarter valued at approximately $38,000. Aquatic Capital Management LLC increased its holdings in shares of Amplitude by 176.5% during the fourth quarter. Aquatic Capital Management LLC now owns 4,147 shares of the company’s stock valued at $44,000 after purchasing an additional 2,647 shares during the period. Canada Pension Plan Investment Board raised its stake in shares of Amplitude by 255.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 7,100 shares of the company’s stock valued at $75,000 after purchasing an additional 5,100 shares in the last quarter. Summit Investment Advisors Inc. lifted its holdings in 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 period. Finally, Meros Investment Management LP bought a new position in Amplitude in the 4th quarter valued at about $102,000. Institutional investors own 73.20% of the company’s stock.

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.