Amazon.com (NASDAQ:AMZN) Price Target Raised to $292.00

Amazon.com (NASDAQ:AMZN) had its target price raised by Wells Fargo & Company from $280.00 to $292.00 in a research report released on Friday, MarketBeat Ratings reports. They currently have an overweight rating on the e-commerce giant’s stock.

AMZN has been the topic of a number of other research reports. Roth Capital upped their target price on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Benchmark upped their target price on shares of Amazon.com from $260.00 to $295.00 and gave the company a “buy” rating in a research note on Friday. Wedbush upped their target price on shares of Amazon.com from $250.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Oppenheimer upped their target price on shares of Amazon.com from $245.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Bank of America upped their target price on shares of Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $289.88.

Amazon.com Stock Performance

Shares of AMZN stock opened at $244.22 on Friday. Amazon.com has a 12 month low of $161.38 and a 12 month high of $250.50. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The firm has a market capitalization of $2.60 trillion, a P/E ratio of 37.23, a P/E/G ratio of 1.52 and a beta of 1.28. The company’s fifty day moving average price is $225.49 and its two-hundred day moving average price is $216.37.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $177.53 billion. During the same quarter in the previous year, the business posted $1.43 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer owned 3,138 shares in the company, valued at approximately $695,286.66. This represents a 85.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s 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 completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 95,411 shares of company stock worth $21,222,702 in the last quarter. 9.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. First Command Advisory Services Inc. grew its position in Amazon.com by 17.0% in the 3rd quarter. First Command Advisory Services Inc. now owns 23,350 shares of the e-commerce giant’s stock worth $5,127,000 after purchasing an additional 3,389 shares during the last quarter. Riverwater Partners LLC grew its position in Amazon.com by 26.4% in the 3rd quarter. Riverwater Partners LLC now owns 6,956 shares of the e-commerce giant’s stock worth $1,527,000 after purchasing an additional 1,455 shares during the last quarter. Tandem Financial LLC grew its position in Amazon.com by 15.1% in the 3rd quarter. Tandem Financial LLC now owns 2,132 shares of the e-commerce giant’s stock worth $468,000 after purchasing an additional 280 shares during the last quarter. Chilton Capital Management LLC grew its position in Amazon.com by 3.5% in the 3rd quarter. Chilton Capital Management LLC now owns 527,092 shares of the e-commerce giant’s stock worth $115,734,000 after purchasing an additional 17,730 shares during the last quarter. Finally, Alta Advisers Ltd boosted its holdings in shares of Amazon.com by 0.6% in the third quarter. Alta Advisers Ltd now owns 48,577 shares of the e-commerce giant’s stock valued at $10,666,000 after acquiring an additional 290 shares in the last quarter. 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.