KeyCorp Weighs in on Amazon.com’s Q3 Earnings (NASDAQ:AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) – Stock analysts at KeyCorp issued their Q3 2025 earnings per share (EPS) estimates for Amazon.com in a report issued on Thursday, October 23rd. KeyCorp analyst J. Patterson anticipates that the e-commerce giant will post earnings of $1.58 per share for the quarter. KeyCorp currently has a “Overweight” rating on the stock. The consensus estimate for Amazon.com’s current full-year earnings is $6.31 per share. KeyCorp also issued estimates for Amazon.com’s Q4 2025 earnings at $1.90 EPS, FY2025 earnings at $6.76 EPS, FY2026 earnings at $7.72 EPS and FY2027 earnings at $9.53 EPS.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS.

A number of other research analysts have also weighed in on the stock. Telsey Advisory Group reissued an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, September 24th. The Goldman Sachs Group boosted their price target on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, August 1st. Benchmark restated a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research note on Wednesday, October 22nd. Finally, Evercore ISI reissued an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $268.69.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $224.21 on Monday. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The firm has a fifty day simple moving average of $225.10 and a 200-day simple moving average of $214.44. The stock has a market capitalization of $2.39 trillion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.48 and a beta of 1.28. Amazon.com has a 1-year low of $161.38 and a 1-year high of $242.52.

Hedge Funds Weigh In On Amazon.com

Several hedge funds and other institutional investors have recently modified their holdings of AMZN. Vanguard Group Inc. grew its holdings in Amazon.com by 2.1% in the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares during the period. State Street Corp raised its stake in shares of Amazon.com by 1.4% in the second quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant’s stock worth $82,073,203,000 after purchasing an additional 5,163,208 shares during the last quarter. Geode Capital Management LLC grew its holdings in Amazon.com by 1.7% during the second quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock worth $47,332,625,000 after buying an additional 3,721,658 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Finally, Norges Bank purchased a new position in Amazon.com during the second quarter worth about $27,438,011,000. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 97,911 shares of company stock valued at $21,765,202 in the last ninety days. 10.80% of the stock is currently owned by company insiders.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.