Amazon.com (NASDAQ:AMZN) Given “Outperform” Rating at Royal Bank Of Canada

Amazon.com (NASDAQ:AMZN)‘s stock had its “outperform” rating reissued by stock analysts at Royal Bank Of Canada in a report released on Friday, Benzinga reports. They presently have a $330.00 price target on the e-commerce giant’s stock. Royal Bank Of Canada‘s price target would indicate a potential upside of 37.64% from the stock’s current price.

AMZN has been the subject of several other research reports. Telsey Advisory Group set a $335.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 31st. Susquehanna reissued a “positive” rating on shares of Amazon.com in a research note on Friday. Truist Financial set a $390.00 target price on shares of Amazon.com in a research note on Friday. Rosenblatt Securities raised their price target on shares of Amazon.com from $335.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $322.00.

Amazon.com Trading Down 1.7%

NASDAQ AMZN traded down $4.03 on Friday, hitting $239.76. The company’s stock had a trading volume of 47,847,389 shares, compared to its average volume of 46,065,320. The firm has a market cap of $2.59 trillion, a PE ratio of 19.40, a PEG ratio of 1.98 and a beta of 1.45. Amazon.com has a 1-year low of $196.00 and a 1-year high of $287.20. The company’s 50-day moving average is $254.67 and its 200 day moving average is $243.12. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.08). The company had revenue of $201.94 billion during the quarter, compared to analyst estimates of $202.22 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.95 EPS. As a group, analysts predict that Amazon.com will post 8.00 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 9,258 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total value of $2,404,950.66. Following the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 1,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the sale, the chief executive officer directly owned 474,681 shares of the company’s stock, valued at approximately $119,382,271.50. This trade represents a 0.21% decrease in their ownership of the stock. 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 a total of 71,589 shares of company stock worth $18,580,515 over the last ninety days. Insiders own 8.90% of the company’s stock.

Institutional Investors Weigh In On Amazon.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Silvant Capital Management LLC bought a new stake in Amazon.com during the second quarter worth about $60,065,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Amazon.com during the second quarter valued at approximately $909,868,000. Northstar Financial Companies Inc. bought a new position in shares of Amazon.com in the second quarter worth approximately $3,376,000. Gryphon Financial Partners LLC raised its holdings in Amazon.com by 7.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock valued at $15,221,000 after buying an additional 5,125 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its position in Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock valued at $63,285,000 after buying an additional 5,104 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com News Roundup

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

• Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% in both 2027 and 2028, reflecting strong AI-related demand and a sizable cloud backlog. AMZN Q3 Earnings Call Highlights AWS Growth and AI Spending
• Positive Sentiment: Amazon is expanding its AI-chip opportunity. CEO Andy Jassy said Amazon expects to begin selling its Trainium AI chips to outside customers by late 2027, potentially creating a new revenue stream and reducing reliance on Nvidia hardware. Amazon Says It Will Start Selling Its AI Chips to Other Companies in 2027
• Positive Sentiment: Analysts remain broadly constructive. Guggenheim reaffirmed a Buy rating with a $320 target, while JPMorgan cited a potential path toward a $1 trillion AWS business. Other firms maintained Outperform or Overweight ratings despite trimming targets. Amazon Stock Could Have Nearly 50% Upside, JPMorgan Says
• Negative Sentiment: Amazon missed third-quarter expectations. Adjusted earnings were $1.89 per share versus roughly $1.97-$2.01 expected, while revenue of $201.94 billion was slightly below consensus. Fourth-quarter sales guidance also came in below Wall Street forecasts, raising concerns about holiday-season retail demand. Amazon Projects Fourth-Quarter Sales Below Estimates
• Negative Sentiment: AI spending is weighing on cash flow. Amazon spent about $77.3 billion on property and equipment in the quarter, pushed free cash flow to a reported $42.4 billion trailing loss, and increased debt substantially. Investors are questioning how quickly AWS growth will translate into returns on the company’s roughly $220 billion 2026 capital-spending plan. Amazon Slides as Tech Pressure Mounts After Earnings

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.