Amazon.com (NASDAQ:AMZN) had its price objective cut by analysts at Wolfe Research from $255.00 to $250.00 in a report released on Thursday,MarketScreener reports. The firm presently has an “outperform” rating on the e-commerce giant’s stock. Wolfe Research’s target price would indicate a potential upside of 19.12% from the stock’s previous close.
A number of other research analysts have also weighed in on the company. Arete Research increased their price objective on Amazon.com from $283.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. DA Davidson reiterated a “neutral” rating and issued a $175.00 price objective (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Truist Financial decreased their target price on Amazon.com from $290.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. KeyCorp set a $285.00 price objective on Amazon.com in a research note on Friday, February 6th. Finally, Cantor Fitzgerald set a $250.00 target price on shares of Amazon.com and gave the stock an “overweight” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $286.84.
Read Our Latest Stock Analysis on AMZN
Amazon.com Price Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. During the same quarter last year, the firm earned $1.86 earnings per share. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. Analysts forecast that Amazon.com will post 6.31 EPS for the current fiscal year.
Insider Activity
In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the firm’s 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 owned 41,190 shares of the company’s stock, valued at $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at $24,662,702. This represents a 2.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 71,686 shares of company stock worth $14,688,739. 9.70% of the stock is owned by company insiders.
Institutional Trading of Amazon.com
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fairway Wealth LLC increased its holdings in Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com during the third quarter worth $27,000. MilWealth Group LLC grew its stake in shares of Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com in the 4th quarter valued at $45,000. Finally, Elkhorn Partners Limited Partnership raised its holdings in shares of Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 180 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AWS upside: CEO Andy Jassy said AI could double prior AWS guidance to ~$600B annual revenue over the next decade — a high‑impact long‑term growth thesis for margins and cash flow that supports the stock’s premium. Article Title
- Positive Sentiment: OpenAI/AWS deal and government work: OpenAI will sell AI to U.S. agencies through AWS and OpenAI‑AWS commercial arrangements deepen Amazon’s government and enterprise addressable market. This increases AWS monetization options. Article Title
- Positive Sentiment: Analyst support: Wolfe Research and other firms have recently raised price targets / reiterated Buy calls, signaling investor confidence in AWS/AI secular tailwinds. Article Title Needham Rating
- Positive Sentiment: Prime Day timing: Reported shift of Prime Day into June can pull sales into Q2, boost near‑term revenue and advertising, and help reframe the narrative vs. heavy AI spending. Article Title
- Neutral Sentiment: Faster delivery expansion: Amazon rolled out 1‑hour and 3‑hour delivery in many U.S. cities — positive for competitiveness and GMV but potentially margin‑intensive depending on adoption and pricing. Article Title
- Negative Sentiment: Legal/regulatory risk: Microsoft is reportedly weighing legal action over the reported $50B Amazon–OpenAI cloud arrangement — a material execution/legal overhang for the AWS partnership thesis. Article Title
- Negative Sentiment: Shipping/USPS disruption: Reports that USPS walked away from talks and Amazon plans to cut USPS volume materially raise short‑term logistic rework risk and contributed to earlier downside in the stock. Contract friction can raise costs or create execution noise. Article Title
- Negative Sentiment: Spending and debt concerns: Amazon’s large capex plan for AI and a near‑record ~$54B bond sale have prompted analysts to revise hyperscaler debt forecasts — investors worry about near‑term margin pressure and increased leverage. Article Title
- Negative Sentiment: Execution risks: Reports that some internal AI productivity projects have backfired highlight execution friction that could limit near‑term efficiency gains from AI investments. Article Title
Amazon.com Company Profile
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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