Raymond James Reiterates Buy Rating for Amplitude, Inc.
Raymond James maintains its buy rating on Amplitude, Inc. with a $10 target price, a 18.05% upside from the current price.
Key Points
- Raymond James reiterated its buy rating for Amplitude, Inc. (AMPL) on July 1, 2026, with a price target of $10.
- Raymond James's $10 price target implies 18.05% upside from Amplitude, Inc.'s ($AMPL) current $8.47 share price.
- Shares of AMPL traded near $7.54 on Wednesday, with a market cap of approximately $1.01 billion and a forward P/E of 57.1.
- Insider transactions included planned sales by CTO Curtis Liu, while several insiders made purchases on June 9, 2026.
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Raymond James reiterated its buy rating for Amplitude, Inc. (NASDAQ: AMPL) on July 1, 2026. The firm set a price target of $10, suggesting optimism about the company's future performance.
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Amplitude, Inc. Stock Down 40.8%
Shares of Amplitude traded near $7.54 on Wednesday. The company has a market cap of about $1.01 billion and a forward P/E ratio of 57.1, indicating expectations of future profitability. With a beta of 1.453, the stock is more volatile than the market. The stock's 52-week range shows a low of $5.51 and a high of $14.49, with 50-day and 200-day moving averages at $6.99 and $8.79, respectively. Amplitude's current ratio is 1.515, and its quick ratio is 1.283, reflecting its ability to cover short-term liabilities.
$AMPL price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Amplitude reported revenue of $356.8 million, growing by 16.9% year-over-year. However, the company posted a net margin of -25.1% and a return on equity of -35.4%, indicating ongoing losses. The next earnings report is expected on August 5, 2026.
Insider Buying and Selling at Amplitude, Inc.
Insider trading activity at Amplitude, Inc. included planned sales by CTO Curtis Liu, who sold 22,786 shares at an average price of $8.03 on June 1, 2026. Meanwhile, insiders Patrick Grady, Erica Schultz, Ronald Gill, and James Whitehurst each bought 24,857 shares on June 9, 2026, without a specified price.
Analysts Set New Price Targets
On July 1, 2026, Raymond James reiterated its buy rating for Amplitude, Inc. with a $10 price target. B of A Securities downgraded the stock to a hold with an $8 target on May 7, 2026. Piper Sandler maintained its buy rating with a $9 target on April 14, 2026. The consensus among analysts is a buy rating with a mean target price of $10.65, based on 10 analyst opinions.
About Amplitude, Inc.
Amplitude, Inc. provides an AI-powered analytics platform that helps businesses understand customer behavior in digital products. Based in San Francisco, California, and led by CEO Spenser Skates, the company offers various tools such as Amplitude Analytics, Session Replay, and Feature Experimentation. It operates on a software-as-a-service model, serving clients both in the U.S. and internationally. Founded in 2011, Amplitude has grown to employ 818 people.
Bottom Line
Raymond James's reiteration of a buy rating for Amplitude, Inc. reflects confidence in the company's potential, though it continues to face challenges like negative margins. Investors keep a close watch on such ratings as they offer insights into market sentiment. This analysis is based on past data and may not reflect the current position of the company.
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