Amazon.com (NASDAQ:AMZN) had its price target boosted by Wedbush from $235.00 to $250.00 in a research report sent to investors on Wednesday, MarketBeat.com reports. The brokerage currently has an outperform rating on the e-commerce giant’s stock. Wedbush also issued estimates for Amazon.com’s Q2 2025 earnings at $1.33 EPS, Q3 2025 earnings at $1.63 EPS, Q4 2025 earnings at $1.94 EPS, FY2025 earnings at $6.49 EPS and FY2026 earnings at $7.66 EPS.
Other analysts have also recently issued reports about the company. BMO Capital Markets raised their price target on Amazon.com from $233.00 to $270.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Mizuho lowered their target price on shares of Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Wall Street Zen cut shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Monday, May 5th. BNP Paribas Exane upgraded Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price on the stock in a research report on Friday, June 27th. Finally, Cantor Fitzgerald raised their price target on Amazon.com from $240.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. Two research analysts have rated the stock with a hold rating, forty-seven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $260.85.
Get Our Latest Analysis on Amazon.com
Amazon.com Trading Down 8.3%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 24.90% and a net margin of 10.54%. The company’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 earnings per share. On average, equities analysts expect that Amazon.com will post 6.31 earnings per share for the current year.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, insider Jeffrey P. Bezos sold 2,643,142 shares of the business’s stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares in the company, valued at $203,649,402,587.43. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 25,099,537 shares of company stock valued at $5,674,394,548. 9.70% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Amazon.com
A number of large investors have recently bought and sold shares of the business. Bank of Jackson Hole Trust grew its holdings in shares of Amazon.com by 5.4% during the second quarter. Bank of Jackson Hole Trust now owns 17,487 shares of the e-commerce giant’s stock valued at $3,836,000 after purchasing an additional 902 shares during the last quarter. Motco increased its position in Amazon.com by 2.7% in the second quarter. Motco now owns 67,759 shares of the e-commerce giant’s stock worth $15,863,000 after buying an additional 1,804 shares during the period. Cedar Point Capital Partners LLC lifted its stake in Amazon.com by 7.0% in the second quarter. Cedar Point Capital Partners LLC now owns 1,628 shares of the e-commerce giant’s stock valued at $357,000 after buying an additional 106 shares during the last quarter. Fire Capital Management LLC boosted its holdings in shares of Amazon.com by 2.5% during the second quarter. Fire Capital Management LLC now owns 16,751 shares of the e-commerce giant’s stock valued at $3,675,000 after acquiring an additional 402 shares during the period. Finally, Biltmore Family Office LLC grew its position in shares of Amazon.com by 0.5% during the second quarter. Biltmore Family Office LLC now owns 20,868 shares of the e-commerce giant’s stock worth $4,578,000 after acquiring an additional 113 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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