Amplitude Q2 revenue beats estimates on strong adoption of AI solutions
AMPL•Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the software peer group is "buy".
Wall Street's median 12-month price target for Amplitude, Inc. is $10.00, about 1.2% above its August 4 closing price of $9.88.
The stock recently traded at 101 times the next 12-month earnings vs. a P/E of 54 three months ago.
Q2 revenue and loss versus expectations
Amplitude Q2 revenue rose 21% year over year, beating analyst expectations.
Adjusted loss per share for Q2 met analyst expectations.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $100.90 mln | $98.16 mln (11 Analysts) |
| Q2 Adjusted Loss Per Share | Meet | $0.01 | $0.01 (12 Analysts) |
| Q2 EBIT | -$35.20 mln | ||
| Q2 Free Cash Flow | $23.70 mln |
Third-quarter and full-year 2026 outlook
Amplitude expects Q3 2026 revenue of $105.6-$108.0 mln.
The company sees full-year 2026 revenue of $407.2-$411.2 mln.
Amplitude expects Q3 2026 non-GAAP net income per share of $0.02-$0.03.
