Is Amplitude (AMPL) one of Billionaire Steve Cohen’s Small-Cap Stock Picks with Huge Upside Potential?

Amplitude, Inc. (NASDAQ:AMPL) is one of billionaire Steve Cohen’s small-cap stock picks with tremendous upside potential. On October 21, Amplitude Inc. (NASDAQ:AMPL) announced the public release of its Model Context Protocol (MCP) server, enabling companies to access behavioral data directly within AI environments like Claude and Cursor.

Is Amplitude (AMPL) one of Billionaire Steve Cohen’s Small-Cap Stock Picks with Huge Upside Potential?

This integration allows users to query live customer metrics—such as retention and sign-up trends, using natural language, streamlining insights without switching platforms. Amplitude also expanded its AI Agents beta program to all customers, introducing Dashboard Agent and Session Replay Agent. These tools automatically analyze dashboards, detect trends, and identify user behavior patterns. Early adopter Zip praised MCP’s ability to unlock cross-domain insights, while Amplitude plans further enhancements and deeper integration in the coming months.

Amplitude, Inc. (NASDAQ:AMPL) offers a digital analytics platform designed to help businesses gain insights into user behavior across their digital products. Its tools enable companies to track engagement, uncover usage trends, and optimize product design and functionality.

While we acknowledge the potential of AMPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMPL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.