<div id="readability-page-1"><p><span>Amplitude (NASDAQ:AMPL - Get Free Report)</span> had its target price upped by equities research analysts at Piper Sandler  from $14.00 to $15.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an &#34;overweight&#34; rating on the stock. Piper Sandler's target price points to a potential upside of 59.24% from the company's current price.</p><ul><li>Is Amplitude an AI Sleeper Stock in the Making for 2025?</li></ul><p>Several other equities analysts have also weighed in on AMPL. Bank of America increased their price objective on shares of Amplitude from $14.00 to $16.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, February 20th. Needham &amp; Company LLC  reissued a &#34;buy&#34; rating and set a $16.00 price target on shares of Amplitude in a report on Wednesday, April 23rd. Robert W. Baird raised shares of Amplitude from a &#34;neutral&#34; rating to an &#34;outperform&#34; rating and boosted their price objective for the company from $12.00 to $17.00 in a report on Thursday, February 20th. Morgan Stanley reduced their target price on Amplitude from $13.00 to $11.00 and set an &#34;equal weight&#34; rating on the stock in a report on Wednesday, April 16th. Finally, Citigroup lifted their price objective on shares of Amplitude from $11.00 to $15.00 and gave the company a &#34;neutral&#34; rating in a research note on Monday, February 24th. Four analysts have rated the stock with a hold rating, six have assigned  a buy rating and one  has issued  a strong buy rating to the company's stock. Based on data from MarketBeat.com, Amplitude currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $14.00.</p><p><b>Check Out Our Latest Report on Amplitude</b></p><h2>Amplitude Stock Performance</h2><p>Shares of AMPL stock opened at $9.42 on Thursday. Amplitude has a 52-week low of $7.37 and a 52-week high of $14.88. The stock has a market cap of $930.39 million, a price-to-earnings ratio of -12.23 and a beta of 1.40. The firm's 50-day moving average is $10.15 and its 200-day moving average is $10.71. </p><p>Amplitude (NASDAQ:AMPL - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.16). Amplitude had a negative net margin of 31.52% and a negative return on equity of 32.24%. The business had revenue of $79.95 million during the quarter, compared to the consensus estimate of $79.81 million. During the same quarter in the prior year, the company earned $0.01 EPS. Amplitude's quarterly revenue was up 10.1% on a year-over-year basis.  Sell-side analysts predict that  Amplitude will post -0.62 EPS for the current fiscal year. </p><h2>Insider Activity</h2><p>In other news, Director Eric Vishria sold 35,000 shares of Amplitude stock in a transaction on Monday, February 24th. The shares were sold at an average price of $12.80, for a total transaction of $448,000.00. Following the transaction, the director now owns 286,859 shares in the company, valued at approximately $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 Securities &amp; Exchange Commission, which is accessible through the SEC website. Insiders own  4.80% of the company's stock. </p><h2>Hedge Funds Weigh In On Amplitude</h2><p>A number of hedge funds have recently made changes to their positions in the stock. Baillie Gifford &amp; Co. acquired a new stake in  Amplitude during the 1st quarter valued at approximately $20,292,000.  T. Rowe Price Investment Management Inc. boosted its stake in shares of  Amplitude by 9.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 8,996,229 shares of the company's stock valued at $94,911,000 after purchasing an additional 770,227 shares during the last quarter.  Sunriver Management LLC raised its stake in  Amplitude by 24.3% during the fourth quarter. Sunriver Management LLC now owns 3,772,808 shares of the company's stock worth $39,803,000 after buying an additional 737,600 shares during the last quarter.  Vanguard Group Inc. lifted its holdings in  Amplitude by 5.1% in the fourth quarter. Vanguard Group Inc. now owns 9,189,698 shares of the company's stock valued at $96,951,000 after buying an additional 447,277 shares during the period.  Finally, Point72 Asset Management L.P. acquired a new position in  Amplitude in the fourth quarter valued at $4,320,000. 73.20% of the stock is currently owned by institutional investors. </p><h2>Amplitude Company Profile</h2> (Get Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Amplitude</li><li>Airline Stocks - Top Airline Stocks to Buy Now</li><li>Upwork's Earnings Beat Fuels Stock Rally—Is Freelancing Booming?</li><li>How to Invest in Small Cap Stocks </li><li>Tempus AI Stock: Time to Double Down or Cut and Run?</li><li>Manufacturing Stocks Investing</li><li>DexCom Stock: Earnings Beat and New Market Access Drive Bull Case</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1QTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1QTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Amplitude Right Now?</h2><p>Before you consider Amplitude, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amplitude wasn't on the list.</p><p>While Amplitude currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AMPL

<p>Piper Sandler has raised its price target for Amplitude (NASDAQ:AMPL) from $14.00 to $15.00, maintaining an "overweight" rating. This suggests a potential upside of 59.24% from the current price. Other analysts have also increased their targets, with Bank of America setting it at $16.00 and Needham & Company LLC at $16.00 as well. Amplitude's stock opened at $9.42, with a 52-week range of $7.37 to $14.88. The company reported a quarterly revenue of $79.95 million, up 10.1% year-over-year, but missed EPS estimates.</p>

Amplitude (NASDAQ:AMPL) Given New $15.00 Price Target at Piper Sandler