Amazon.com, Inc. (NASDAQ:AMZN) has received an average rating of “Moderate Buy” from the fifty-nine ratings firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and fifty-six have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $321.63.
A number of equities analysts have recently commented on the company. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $338.00 price target (up from $328.00) on shares of Amazon.com in a report on Thursday, September 3rd. Raymond James Financial reiterated an “outperform” rating and set a $390.00 price objective (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. DA Davidson reissued a “neutral” rating and set a $250.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Wolfe Research restated an “outperform” rating and issued a $315.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a report on Friday, July 31st.
View Our Latest Report on AMZN
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. During the same period in the prior year, the company posted $1.68 EPS. Amazon.com’s revenue was up 19.6% compared to the same quarter last year. Sell-side analysts predict that Amazon.com will post 8.01 earnings per share for the current year.
Key Headlines Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Goldman Sachs added Amazon to its October Conviction List and reportedly assigned a $375 12-month price target, reinforcing bullish Wall Street sentiment after the stock’s recent pullback. Goldman Sachs adds Amazon to conviction buy list
- Positive Sentiment: Amazon Web Services signed a multiyear agreement worth more than $1 billion with Synopsys for chip-design intellectual property. The deal supports AWS custom silicon, including Trainium and Graviton, and could help Amazon reduce dependence on Nvidia while strengthening cloud growth. Synopsys and Amazon Web Services sign chip design deal
- Positive Sentiment: Amazon signed a 20-year agreement with Constellation Energy covering 690 megawatts of nuclear power and supporting more than $3 billion of investment at Maryland’s Calvert Cliffs plant. The arrangement is intended to supply electricity for AI and data-center expansion, although the near-term financial benefit is limited. Constellation and Amazon sign nuclear power deal
- Positive Sentiment: Anthropic’s reported plans to commit more than $100 billion to Amazon Web Services over time highlight the potential scale of Amazon’s AI infrastructure opportunity. Amazon and GoodRx are also expanding subscription prescription plans, opening another healthcare growth channel. Anthropic cloud spending plans
- Neutral Sentiment: Amazon launched redesigned Kindle devices, a $35 page-turning remote and updated Fire TV products. The releases may support consumer-device engagement, but they are unlikely to materially change near-term earnings expectations. Amazon introduces Kindle Click
- Negative Sentiment: Amazon agreed to refund $7.25 million in Prime fees and pay $1 million to settle a District of Columbia lawsuit alleging slower deliveries in low-income areas. The cost is modest relative to Amazon’s size but adds regulatory and reputational pressure. Amazon settles delivery lawsuit
- Negative Sentiment: Investors remain concerned that Amazon’s roughly $220 billion 2026 capital-spending forecast could pressure free cash flow if AI-compute prices fall or demand fails to keep pace with new capacity. Proposed legislation that would remove opportunity-zone tax benefits for data centers adds a longer-term cost risk.
- Negative Sentiment: AI shopping agents from companies such as OpenAI and Meta could eventually redirect product discovery away from Amazon, threatening marketplace traffic and high-margin advertising revenue. Broader worries about consumer confidence and concentrated AI investments are also weighing on sentiment.
Insider Activity at Amazon.com
In other news, CEO Douglas J. Herrington sold 6,362 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the transaction, the chief executive officer directly owned 476,681 shares in the company, valued at $123,465,145.81. The trade was a 1.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 70,589 shares of company stock valued at $18,329,015 in the last quarter. 8.90% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Amazon.com
Institutional investors have recently added to or reduced their stakes in the business. TOP Private Wealth LLC. bought a new stake in shares of Amazon.com during the 2nd quarter worth $29,000. Bard Associates Inc. bought a new position in Amazon.com in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC bought a new position in Amazon.com in the second quarter valued at $33,000. Atomic Invest LLC raised its position in Amazon.com by 41.2% during the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock valued at $40,000 after purchasing an additional 49 shares in the last quarter. Finally, Lifetime Wealth Management P.C. bought a new stake in Amazon.com during the fourth quarter worth about $45,000. 72.20% of the stock is currently owned by institutional investors.
Amazon.com Company Profile
Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.
Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.
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