Amazon.com, Inc. (NASDAQ:AMZN) has been given a consensus rating of “Moderate Buy” by the sixty brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and fifty-seven have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $312.7759.
AMZN has been the topic of several research reports. Citigroup reaffirmed a “market outperform” rating on shares of Amazon.com in a report on Monday, June 1st. Tigress Financial lifted their target price on Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Piper Sandler set a $330.00 price objective on Amazon.com in a research note on Thursday, June 11th. BMO Capital Markets boosted their price objective on Amazon.com from $310.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Amazon.com in a research note on Tuesday.
View Our Latest Analysis on Amazon.com
Insider Activity at Amazon.com
Institutional Investors Weigh In On Amazon.com
Several large investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC boosted its position in shares of Amazon.com by 25.3% during the first quarter. Western Wealth Management LLC now owns 189,362 shares of the e-commerce giant’s stock valued at $39,439,000 after buying an additional 38,238 shares during the period. Pangea Capital Gestao de Recursos Ltda. purchased a new position in shares of Amazon.com during the first quarter valued at approximately $18,999,000. Steelhead Wealth Management LLC purchased a new position in shares of Amazon.com during the first quarter valued at approximately $531,000. S&A Financial Services Inc. purchased a new position in shares of Amazon.com during the first quarter valued at approximately $1,043,000. Finally, LFG Wealth Partners LLC boosted its position in shares of Amazon.com by 16.5% during the first quarter. LFG Wealth Partners LLC now owns 32,803 shares of the e-commerce giant’s stock valued at $6,832,000 after buying an additional 4,638 shares during the period. 72.20% of the stock is owned by institutional investors.
Amazon.com Stock Performance
Shares of AMZN stock opened at $244.39 on Wednesday. Amazon.com has a 12-month low of $196.00 and a 12-month high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The stock’s 50-day moving average price is $256.51 and its 200-day moving average price is $234.12. The stock has a market capitalization of $2.63 trillion, a price-to-earnings ratio of 29.23, a price-to-earnings-growth ratio of 1.83 and a beta of 1.44.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. During the same period in the previous year, the firm posted $1.59 earnings per share. The business’s revenue was up 16.6% compared to the same quarter last year. Equities research analysts predict that Amazon.com will post 7.71 EPS for the current fiscal year.
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Analysts are increasingly bullish on Amazon’s AI and cloud positioning, with multiple firms reiterating Buy ratings and highlighting AWS as a long-term growth driver. Brian Pitz Reiterates Amazon as Top Pick, Maintains Buy Rating and $355 Price Target on Strengthening AI and Cloud Positioning
- Positive Sentiment: Amazon is reportedly exploring sales of its Trainium AI chips to external data center customers, which could open a new revenue stream and deepen its challenge to Nvidia. Amazon exploring selling its custom AI chips to data center customers
- Positive Sentiment: Prime Day is approaching, and Bank of America expects the event to drive strong sales while boosting adoption of Amazon’s AI shopping tools, including Alexa for Shopping. Bank of America Lays Out Expectations Ahead of Amazon Stock’s Prime Day
- Positive Sentiment: Amazon is investing more than €10 billion to expand its European fulfillment network, signaling continued support for e-commerce capacity and logistics efficiency. Amazon Commits €10 Billion for European fulfillment network
- Neutral Sentiment: Amazon is facing EU scrutiny over whether AWS should be classified as a “gatekeeper” under the Digital Markets Act, which could increase regulatory oversight for the cloud unit. Microsoft and Amazon Face EU Digital Markets Act Scrutiny Over Cloud Dominance
- Neutral Sentiment: Amazon MGM Studios dropped the nearly finished OpenAI film “Artificial” after the companies’ broader partnership shift, a move with limited direct financial impact but notable signaling value. Luca Guadagnino’s Sam Altman, OpenAI Film ‘Artificial’ Dropped by Amazon MGM Studios
- Negative Sentiment: Amazon is also dealing with employee and public scrutiny over AI data center expansion and labor practices, which could add regulatory and reputational pressure. Amazon investigating engineers who criticized AI data center expansion
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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