Amazon.com (NASDAQ:AMZN) had its target price upped by Raymond James Financial from $230.00 to $275.00 in a research report sent to investors on Friday morning, Marketbeat reports. They currently have an outperform rating on the e-commerce giant’s stock.
Other equities analysts have also recently issued reports about the stock. Pivotal Research boosted their target price on shares of Amazon.com from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Friday. Benchmark reiterated a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research note on Wednesday, October 22nd. Monness Crespi & Hardt boosted their target price on shares of Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday. Telsey Advisory Group boosted their target price on shares of Amazon.com from $265.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average target price of $289.88.
View Our Latest Analysis on AMZN
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the previous year, the business posted $1.43 EPS. The business’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Amazon.com will post 6.31 earnings per share for the current year.
Insider Buying and Selling at Amazon.com
In other news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer owned 515,507 shares of the company’s stock, valued at $111,916,569.70. This represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on 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 directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 95,411 shares of company stock valued at $21,222,702. 9.70% of the stock is owned by company insiders.
Institutional Investors Weigh In On Amazon.com
A number of large investors have recently modified their holdings of the business. Fairway Wealth LLC raised its stake in 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 purchasing an additional 60 shares during the period. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com during the 2nd quarter worth approximately $27,000. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com during the 3rd quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the first quarter valued at approximately $36,000. Finally, Inlight Wealth Management LLC acquired a new position in Amazon.com in the first quarter valued at approximately $40,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Amazon.com Company Profile
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.
Further Reading
- Five stocks we like better than Amazon.com
 - 3 Home Improvement Stocks that Can Upgrade Your Portfolio
 - Is Lemonade Stock Set for a Big Squeeze After Earnings?
 - Investing in the High PE Growth Stocks
 - Caterpillar Stock Could Top $650 by Year’s End
 - How to Use Stock Screeners to Find Stocks
 - ServiceNow’s 5-for-1 Split Is a Signal for Investors to Buy
 
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
