Amazon.com (NASDAQ:AMZN) Price Target Raised to $300.00

Amazon.com (NASDAQ:AMZN) had its price target upped by Monness Crespi & Hardt from $275.00 to $300.00 in a research note published on Friday, MarketBeat reports. They currently have a buy rating on the e-commerce giant’s stock.

AMZN has been the topic of a number of other research reports. Wolfe Research upped their price target on shares of Amazon.com from $265.00 to $270.00 in a research note on Tuesday, September 30th. Royal Bank Of Canada upped their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. The Goldman Sachs Group increased their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Finally, Piper Sandler increased their target price on shares of Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $289.88.

Amazon.com Stock Up 9.6%

Shares of AMZN opened at $244.22 on Friday. Amazon.com has a 52 week low of $161.38 and a 52 week high of $250.50. The firm has a market cap of $2.60 trillion, a P/E ratio of 37.23, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. The firm’s 50-day simple moving average is $225.49 and its 200 day simple moving average is $216.37. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating 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 business had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same quarter in the prior year, the business earned $1.43 EPS. Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, analysts forecast that Amazon.com will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction that occurred 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 approximately $111,916,569.70. This represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the sale, the chief executive officer directly owned 3,138 shares of the company’s stock, valued at approximately $695,286.66. This trade represents a 85.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,411 shares of company stock worth $21,222,702 in the last 90 days. Corporate insiders own 9.70% of the company’s stock.

Institutional Trading of Amazon.com

Institutional investors and hedge funds have recently made changes to their positions in the company. Barlow Wealth Partners Inc. lifted its stake in Amazon.com by 0.4% in the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after purchasing an additional 44 shares during the last quarter. Ridgecrest Wealth Partners LLC lifted its stake in Amazon.com by 0.5% in the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock valued at $1,843,000 after purchasing an additional 45 shares during the last quarter. Probity Advisors Inc. lifted its stake in Amazon.com by 0.4% in the 2nd quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after purchasing an additional 45 shares during the last quarter. IMPACTfolio LLC lifted its stake in Amazon.com by 3.8% in the 3rd quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock valued at $269,000 after purchasing an additional 45 shares during the last quarter. Finally, Union Savings Bank lifted its stake in Amazon.com by 0.4% in the 2nd quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock valued at $2,510,000 after purchasing an additional 45 shares during 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.