DA Davidson Has Strong Outlook for Amplitude FY2026 Earnings

Amplitude, Inc. (NASDAQ:AMPL) – Equities research analysts at DA Davidson lifted their FY2026 earnings per share estimates for Amplitude in a research note issued to investors on Tuesday, March 11th. DA Davidson analyst C. Wright now anticipates that the company will earn ($0.60) per share for the year, up from their prior forecast 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.

Other equities analysts also recently issued reports about the stock. Morgan Stanley upped their price target on shares of Amplitude from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 20th. KeyCorp raised shares of Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price target on the stock in a research note on Friday, December 13th. Baird R W raised shares of Amplitude from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 20th. Needham & Company LLC reissued a “buy” rating and set a $16.00 target price on shares of Amplitude in a research report on Tuesday. Finally, Bank of America increased their target price on shares of Amplitude from $14.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday, February 20th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Amplitude Stock Up 0.8 %

AMPL opened at $12.11 on Thursday. The stock has a fifty day moving average of $11.86 and a 200-day moving average of $10.45. The firm has a market capitalization of $1.57 billion, a P/E ratio of -15.73 and a beta of 1.35. Amplitude has a 12-month low of $7.37 and a 12-month high of $14.88.

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

Hedge Funds Weigh In On Amplitude

Hedge funds have recently modified their holdings of the stock. Barclays PLC raised its holdings in shares of Amplitude by 371.7% in the 3rd quarter. Barclays PLC now owns 128,537 shares of the company’s stock worth $1,153,000 after buying an additional 101,289 shares in the last quarter. M&T Bank Corp grew its position in Amplitude by 86.8% during the 3rd quarter. M&T Bank Corp now owns 156,688 shares of the company’s stock worth $1,405,000 after acquiring an additional 72,806 shares during the last quarter. JPMorgan Chase & Co. grew its position in Amplitude by 38.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 84,050 shares of the company’s stock worth $754,000 after acquiring an additional 23,526 shares during the last quarter. Walleye Capital LLC bought a new position in Amplitude in the 3rd quarter valued at $726,000. Finally, Kera Capital Partners Inc. bought a new position in Amplitude in the 4th quarter valued at $1,498,000. 73.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amplitude

In other news, Director Eric Vishria sold 35,000 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $12.80, for a total value of $448,000.00. Following the completion of the transaction, the director now directly owns 286,859 shares of the company’s stock, valued at approximately $3,671,795.20. This represents a 10.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders sold 45,000 shares of company stock worth $568,129. Company 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.