Amplitude Stock Hits New 52-Week Low

Shares of the digital analytics firm plunge as analysts cut price targets

Apr. 9, 2026 at 2:22pm

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An extreme close-up of the complex inner mechanisms of a stock trading terminal, with gears, circuits, and metallic components in shades of grey and silver, conceptually representing the volatility and uncertainty in the tech sector as Amplitude's stock price declines.The intricate machinery of finance reflects the volatility and uncertainty roiling the tech sector as Amplitude's stock price plunges to new lows.Redwood City Today

Amplitude, Inc. (NASDAQ:AMPL) saw its stock price hit a new 52-week low of $5.91 on Thursday, as the company's shares continue to slide amid a series of price target cuts from Wall Street analysts.

Why it matters

Amplitude's struggles reflect broader challenges facing the tech sector, as rising interest rates and economic uncertainty weigh on high-growth software companies. The stock's steep decline raises questions about the company's long-term prospects and ability to maintain investor confidence.

The details

Several Wall Street analysts have recently lowered their price targets for Amplitude, citing concerns about the company's growth outlook. DA Davidson dropped its target from $16 to $12, while KeyCorp, BTIG Research, and Piper Sandler all cut their targets as well. The analysts cited factors like increased competition and macroeconomic headwinds impacting Amplitude's business.

  • Amplitude's stock hit a new 52-week low of $5.91 on Thursday, April 9, 2026.
  • The company reported its Q1 2026 earnings on February 19, 2026.

The players

Amplitude, Inc.

A software company specializing in digital analytics and product intelligence solutions for businesses.

DA Davidson

A Wall Street research firm that covers Amplitude and recently lowered its price target on the stock.

KeyCorp

A Wall Street research firm that also lowered its price target on Amplitude.

BTIG Research

A Wall Street research firm that lowered its price target on Amplitude.

Piper Sandler

A Wall Street research firm that lowered its price target on Amplitude.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

Amplitude's stock will be closely watched by investors to see if it can recover from the 52-week low. The company's next earnings report, scheduled for July 2026, will be a key indicator of its performance.

The takeaway

Amplitude's struggles reflect the broader challenges facing the tech sector, as rising interest rates and economic uncertainty weigh on high-growth software companies. The steep decline in the stock's price raises questions about the company's long-term prospects and ability to maintain investor confidence.