AMPL

AmplitudeF

Nasdaq / Software & Services

At close

2026-06-03

Current thesis

The better-than-feared part of the quarter was demand quality: ARR grew 17%, RPO grew 31%, enterprise customers over $100K ARR rose 18% to 727, and customers over $1M ARR rose 25% to 55 [#8-K-2026-05-06] [#10-Q-2026-05-07]. If the market concludes the selloff over-discounted a temporary investment step-up, shares have recovery potential, but the peer set and forward evidence do not support a standard-conviction bullish thesis yet.

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta -0.3.

What can break

Amplitude's filings still emphasize exposure to customer retention, enterprise sales-cycle variability, IT spending pressure, and evolving privacy/data laws, which can slow growth even if product interest stays healthy [#10-K-2026-02-19].

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $6.40 · Bull $8.25 · Bear $4.75

Data freshness

Prices

As of 2026-06-03

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-03 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-08 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-03

Supporting evidence

What

Grade F · Defensive

Confidence Medium · Net Neutral

Target $12.70

Why

Momentum17 · Δ7d +9.4

Value41 · Δ7d -0.3

Sentiment26 · Δ7d -16.4

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

+9.4

Δ21d

+10.2

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.3

Δ21d

-0.5

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-16.4

Δ21d

-20.3

Why this grade

Composite grade F. Momentum 16.8 / Value 41.0 / Sentiment 25.6

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$1.16B

Beta

1.50

Shares Out

133.69M

P/E (TTM) · Derived

-13.0

P/S (TTM)

4.45

P/FCF (TTM)

81.79

Rev YoY

+17.7%

EPS YoY

-33.0%

Gross Margin

+74.0%

Op Margin

-34.1%

Net Debt

-$241.1M

Current Ratio

1.56

As of 2026-06-03 • Updated nightlySource: Internal modelMethodology