Amazon.com (NASDAQ:AMZN) Given Buy Rating at TD Cowen

Posted by Jeff Wilder on May 12th, 2026

Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating restated by stock analysts at TD Cowen in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $350.00 price target on the e-commerce giant’s stock. TD Cowen’s price target suggests a potential upside of 32.34% from the stock’s current price.

AMZN has been the topic of a number of other research reports. Barclays restated an “overweight” rating and issued a $330.00 price objective (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. JPMorgan Chase & Co. increased their price objective on Amazon.com from $280.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Oppenheimer increased their price objective on Amazon.com from $275.00 to $320.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Royal Bank Of Canada set a $320.00 price objective on Amazon.com and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, May 1st. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $313.09.

Read Our Latest Research Report on AMZN

Amazon.com Price Performance

NASDAQ AMZN traded down $4.51 on Tuesday, reaching $264.48. The company’s stock had a trading volume of 11,372,736 shares, compared to its average volume of 49,425,258. Amazon.com has a twelve month low of $196.00 and a twelve month high of $278.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.18. The stock has a market cap of $2.85 trillion, a PE ratio of 31.62, a PEG ratio of 2.04 and a beta of 1.46. The firm’s 50 day moving average is $230.01 and its two-hundred day moving average is $229.45.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the prior year, the company earned $1.59 EPS. Amazon.com’s revenue was up 16.6% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com will post 7.72 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the completion of the sale, the chief executive officer directly owned 471,361 shares in the company, valued at approximately $129,624,275. This trade represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $8,621,800.00. Following the completion of the sale, the chief executive officer owned 2,175,766 shares of the company’s stock, valued at approximately $598,335,650. This trade represents a 1.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 191,593 shares of company stock valued at $46,289,241. 8.90% of the stock is owned by corporate insiders.

Institutional Trading of Amazon.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. American Capital Advisory LLC boosted its holdings in shares of 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 during the period. Compagnie Lombard Odier SCmA bought a new stake in shares of Amazon.com during the 3rd quarter worth about $451,642,000. Weaver Capital Management LLC boosted its holdings in shares of Amazon.com by 13.6% during the 4th quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant’s stock worth $9,063,000 after buying an additional 4,713 shares during the period. Ethos Financial Group LLC boosted its holdings in shares of Amazon.com by 9.6% during the 4th quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant’s stock worth $8,421,000 after buying an additional 3,196 shares during the period. Finally, Baltimore Washington Financial Advisors Inc. boosted its holdings in shares of Amazon.com by 1.9% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock worth $52,667,000 after buying an additional 4,558 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com News Summary

Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon launched “Amazon Now,” expanding 30-minute delivery to dozens of U.S. cities, which could strengthen its competitive position in quick commerce and last-mile logistics. Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
Positive Sentiment: Amazon’s AI strategy is drawing bullish commentary, with multiple reports highlighting management’s view that generative AI is a once-in-a-generation opportunity and that AWS is investing heavily to stay ahead. Andy Jassy Just Said Something Big: Here’s What It Means for Amazon’s Stock
Positive Sentiment: Amazon is being cited as one of the few mega-cap companies driving a large share of the S&P 500’s expected earnings growth, reinforcing its importance to market leadership. Just 3 Companies Drive 70% of the S&P 500’s 2026 Growth Expectations
Neutral Sentiment: Amazon’s CFO-level funding plans and AWS expansion underscore the scale of its AI capex push, including tapping global bond markets to finance infrastructure growth. This supports expansion, but also reminds investors of heavy spending ahead. US Stock Market: AI spending surge drives Alphabet, Amazon to tap global bond markets
Neutral Sentiment: Amazon is also making strategic moves in AI infrastructure and partnerships, including a collaboration with Secure Code Warrior on Amazon Bedrock learning modules and continued leadership hires for AI services. By the numbers: Corporate profits haven’t been this smoking hot in years
Negative Sentiment: Some coverage focused on Amazon employees reportedly using AI tools for trivial tasks to boost internal metrics, which could add to concerns about internal culture and AI adoption discipline. Amazon Staff Using AI Tools For ‘Trivial’ Tasks to Boost Usage Numbers and Please Bosses
Negative Sentiment: Amazon also faces headwinds from reports of a proposed class-action lawsuit over Fire TV Stick issues and headlines about shutdown discussions in Quebec, which may weigh on sentiment at the margin. Amazon Is Being Sued Over Fire TV Sticks That Stopped Working

Amazon.com Company Profile

(Get Free Report)

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.