Amazon.com (NASDAQ:AMZN) had its price target boosted by equities researchers at BMO Capital Markets from $310.00 to $315.00 in a research note issued on Thursday, MarketBeat reports. The brokerage currently has an “outperform” rating on the e-commerce giant’s stock. BMO Capital Markets’ price objective points to a potential upside of 23.36% from the company’s previous close.
A number of other research analysts have also recently commented on the stock. Guggenheim reissued a “buy” rating and set a $300.00 target price on shares of Amazon.com in a research report on Friday, February 6th. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a report on Thursday, April 9th. Wolfe Research decreased their price target on shares of Amazon.com from $255.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. TD Securities raised Amazon.com to a “buy” rating in a research note on Monday, April 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $288.75.
Amazon.com Stock Up 2.2%
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. During the same period last year, the firm earned $1.86 earnings per share. The company’s quarterly revenue was up 13.6% on a year-over-year basis. Sell-side analysts expect that Amazon.com will post 7.72 earnings per share for the current year.
Insider Buying and Selling
In related news, SVP David Zapolsky sold 10,649 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president owned 119,780 shares in the company, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 124,186 shares of company stock worth $27,826,739 over the last ninety days. 9.70% of the stock is currently owned by corporate insiders.
Institutional Trading of Amazon.com
Several large investors have recently modified their holdings of AMZN. American Capital Advisory LLC lifted its position in Amazon.com by 63.9% during the 3rd quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock worth $1,774,000 after buying an additional 3,152 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of Amazon.com in the third quarter worth about $451,642,000. Ethos Financial Group LLC raised its stake in shares of Amazon.com by 9.6% in the fourth quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant’s stock worth $8,421,000 after acquiring an additional 3,196 shares during the last quarter. Baltimore Washington Financial Advisors Inc. lifted its position in shares of Amazon.com by 1.9% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock worth $52,667,000 after purchasing an additional 4,558 shares in the last quarter. Finally, Culbertson A N & Co. Inc. lifted its position in shares of Amazon.com by 8.6% during the fourth quarter. Culbertson A N & Co. Inc. now owns 30,444 shares of the e-commerce giant’s stock worth $7,027,000 after purchasing an additional 2,412 shares in the last quarter. 72.20% of the stock is owned by institutional investors.
Key Stories Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Big AI revenue visibility — Amazon expanded its Anthropic partnership (additional $5B now with up to $25B possible) while Anthropic committed to more than $100B of AWS spend over the next decade, increasing long‑term demand for AWS, custom chips (Trainium) and infrastructure. Amazon to invest up to another $25 billion in Anthropic (CNBC)
- Positive Sentiment: Wall Street momentum — several firms have raised price targets and reiterated buy/overweight calls ahead of earnings, reflecting expectation that AWS/AI and advertising will drive upside. Bank of America Boosts Amazon Price Target (AmericanBankingNews)
- Positive Sentiment: Healthcare diversification — Amazon One Medical launched a GLP‑1 weight‑loss program integrating care, prescriptions and Amazon Pharmacy delivery, creating a recurring‑revenue channel and pressuring incumbents. Amazon launches GLP-1 weight loss program (CNBC)
- Neutral Sentiment: Upcoming earnings event — Amazon and peers report Q1 on April 29; results (AWS margins, ad growth and guidance) are likely to drive short‑term volatility. Q1 earnings on April 29 (TipRanks)
- Neutral Sentiment: Operational/ESG moves — Amazon is trialing 75 electric heavy trucks with Einride for U.S. freight (modest near‑term impact, longer‑term logistics/ESG benefit). Einride to deploy 75 electric trucks for Amazon (Reuters)
- Neutral Sentiment: Insider transaction — CEO Andy Jassy sold 31,000 shares under a pre‑arranged 10b5‑1 plan; size is small relative to his holdings and consistent with scheduled diversification. SEC Form 4: Andy Jassy sale (SEC)
- Negative Sentiment: Regulatory/legal overhang — California’s attorney general released filings alleging Amazon pressured vendors to raise prices on competing platforms; antitrust probes could lead to fines, remedies or operational friction. California accuses Amazon of price‑fixing (Reuters)
- Negative Sentiment: Profitability and capex concerns — analysts warn the AI/Anthropic commitments boost revenue visibility but raise capital intensity and near‑term margin/FCF uncertainty, which could pressure multiple compression if growth doesn’t offset spending. AI infrastructure push lifts outlook but profitability debate grows (Proactive Investors)
About Amazon.com
Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.
Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.
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