HSBC Forecasts Strong Price Appreciation for Amazon.com (NASDAQ:AMZN) Stock

Amazon.com (NASDAQ:AMZN) had its target price boosted by equities researchers at HSBC from $260.00 to $285.00 in a research note issued on Friday,MarketScreener Latest Ratings reports. The brokerage currently has a “buy” rating on the e-commerce giant’s stock. HSBC’s price objective indicates a potential upside of 16.70% from the company’s current price.

Several other research firms have also recently commented on AMZN. Scotiabank boosted their price target on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. DZ Bank reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday. Morgan Stanley reissued an “overweight” rating and set a $315.00 price target (up previously from $300.00) on shares of Amazon.com in a research report on Friday. Stifel Nicolaus upped their price target on shares of Amazon.com from $269.00 to $295.00 and gave the company a “buy” rating in a report on Friday. Finally, Mizuho set a $300.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Monday, September 29th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $289.88.

Amazon.com Trading Up 9.6%

NASDAQ AMZN opened at $244.22 on Friday. The stock has a market cap of $2.60 trillion, a P/E ratio of 37.23, a PEG ratio of 1.52 and a beta of 1.28. The company’s fifty day simple moving average is $225.49 and its 200-day simple moving average is $216.08. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com has a 52 week low of $161.38 and a 52 week high of $250.50.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts predict that Amazon.com will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.62, for a total value of $1,514,772.70. Following the completion of the transaction, the chief executive officer directly owned 520,507 shares in the company, valued at $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,411 shares of company stock valued at $21,222,702 over the last ninety days. Insiders own 9.70% of the company’s stock.

Hedge Funds Weigh In On Amazon.com

Hedge funds and other institutional investors have recently modified their holdings of the company. Fairway Wealth LLC boosted its position in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares during the period. Carderock Capital Management Inc. acquired a new position in Amazon.com during the 2nd quarter worth $27,000. Sellwood Investment Partners LLC bought a new position in shares of Amazon.com in the third quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter valued at $36,000. Finally, Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the first quarter valued at about $40,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

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.