Amplitude, Inc. (AMPL) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Amplitude, Inc. Do?
Amplitude, Inc. provides a digital optimization system to analyze customer behavior within digital products in the United States and internationally. It offers Amplitude analytics for insights of customer behavior; Amplitude Recommend, a no-code personalization solution that helps to increase customer engagement by adapting digital products and campaigns to every user based on behavior; Amplitude Experiment, an integrated solution that enables teams to determine and deliver the product experiences for their customers through A/B tests and controlled feature releases; Amplitude Behavioral Graph, a proprietary database for deep, real-time interactive behavioral analysis, and behavior-driven personalization instantly joining, analyzing, and correlating any customer actions to outcomes, such as engagement, growth, and loyalty; and data management, a real-time data layer for planning, integrating, and managing data sources to create a foundation with identity resolution, enterprise-level security, and privacy solutions. The company also provides customer support services related to initial implementation setup, ongoing support, and application training. It delivers its application over the Internet as a subscription service using a software-as-a-service model. The company was formerly known as Sonalight, Inc. and changed its name to Amplitude, Inc. in December 2014. Amplitude, Inc. was incorporated in 2011 and is headquartered in San Francisco, California. Amplitude, Inc. (AMPL) is classified as a small-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Spenser Skates and employs approximately 740 people. With a market capitalization of $908M, AMPL is one of the notable companies in the Technology sector.
Amplitude, Inc. (AMPL) Stock Rating — Avoid (April 2026)
As of April 2026, Amplitude, Inc. receives a Avoid rating with a composite score of 29.9/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.AMPL ranks #4,098 out of 4,446 stocks in our coverage universe. Within the Technology sector, Amplitude, Inc. ranks #524 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AMPL Stock Price and 52-Week Range
Amplitude, Inc. (AMPL) currently trades at $5.61. The stock lost $0.40 (6.7%) in the most recent trading session. The 52-week high for AMPL is $14.49, which means the stock is currently trading -61.3% from its annual peak. The 52-week low is $6.00, putting the stock -6.4% above its annual trough. Recent trading volume was 2.0M shares, reflecting moderate market activity.
Is AMPL Overvalued or Undervalued? — Valuation Analysis
Amplitude, Inc. (AMPL) carries a value factor score of 34/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 3.65x, versus the sector average of 3.16x. The price-to-sales ratio is 2.74x, compared to 1.06x for the average Technology stock. On an enterprise value basis, AMPL trades at 77.61x EV/EBITDA, versus 12.79x for the sector.
At current multiples, Amplitude, Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Amplitude, Inc. Profitability — ROE, Margins, and Quality Score
Amplitude, Inc. (AMPL) earns a quality factor score of 30/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -35.8%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -20.9% versus the sector average of -1.0%.
On a margin basis, Amplitude, Inc. reports gross margins of 74.1%, compared to 50.9% for the sector. The operating margin is -3.7% (sector: -0.5%). Net profit margin stands at -26.7%, versus -1.5% for the average Technology stock. Revenue growth is running at 20.8% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
AMPL Debt, Balance Sheet, and Financial Health
Amplitude, Inc. has a debt-to-equity ratio of 71.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.56x, suggesting adequate working capital coverage. Total debt on the balance sheet is $0. Cash and equivalents stand at $82M.
AMPL has a beta of 1.48, meaning it is more volatile than the broader market — a $10,000 investment in AMPL would be expected to move 48.0% more than the S&P 500 on any given day. The stability factor score for Amplitude, Inc. is 40/100, reflecting average volatility within the normal range for its sector.
Amplitude, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Amplitude, Inc. reported revenue of $327M and earnings per share (EPS) of $-0.67. Net income for the quarter was $-88M. Gross margin was 74.1%. Operating income came in at $-12M.
In FY 2025, Amplitude, Inc. reported revenue of $343M and earnings per share (EPS) of $-0.67. Net income for the quarter was $-89M. Gross margin was 74.0%. Revenue grew 14.7% year-over-year compared to FY 2024. Operating income came in at $-7M.
In Q3 2025, Amplitude, Inc. reported revenue of $89M and earnings per share (EPS) of $-0.18. Net income for the quarter was $-24M. Gross margin was 74.0%. Revenue grew 17.7% year-over-year compared to Q3 2024. Operating income came in at $-3M.
In Q2 2025, Amplitude, Inc. reported revenue of $83M and earnings per share (EPS) of $-0.19. Net income for the quarter was $-25M. Gross margin was 72.6%. Revenue grew 13.6% year-over-year compared to Q2 2024. Operating income came in at $-4M.
Over the past 8 quarters, Amplitude, Inc. has demonstrated a growth trajectory, with revenue expanding from $73M to $327M. Investors analyzing AMPL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AMPL Dividend Yield and Income Analysis
Amplitude, Inc. (AMPL) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
AMPL Momentum and Technical Analysis Profile
Amplitude, Inc. (AMPL) has a momentum factor score of 18/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 49/100 reflects moderate short selling activity.
AMPL vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, Amplitude, Inc. (AMPL) ranks #524 out of 584 stocks based on the Blank Capital composite score. This places AMPL in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing AMPL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AMPL vs S&P 500 (SPY) comparison to assess how Amplitude, Inc. stacks up against the broader market across all factor dimensions.
AMPL Next Earnings Date
No upcoming earnings date has been announced for Amplitude, Inc. (AMPL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AMPL? — Investment Thesis Summary
The quantitative profile for Amplitude, Inc. suggests caution. The quality score of 30/100 flags below-average profitability. The value score of 34/100 indicates premium valuation. Momentum is weak at 18/100, a headwind for near-term performance.
In summary, Amplitude, Inc. (AMPL) earns a Avoid rating with a composite score of 29.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AMPL stock.
Related Resources for AMPL Investors
Explore more research and tools: AMPL vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AMPL head-to-head with peers: AMPL vs IHS, AMPL vs VRSN, AMPL vs ESE.