Amazon.com (NASDAQ:AMZN) Price Target Cut to $260.00 by Analysts at Raymond James Financial

Amazon.com (NASDAQ:AMZN) had its target price reduced by Raymond James Financial from $275.00 to $260.00 in a research report released on Thursday morning, Marketbeat.com reports. They currently have an outperform rating on the e-commerce giant’s stock.

Other analysts have also recently issued reports about the company. Pivotal Research lifted their price target on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. JMP Securities set a $300.00 price target on shares of Amazon.com in a research note on Friday, October 31st. Maxim Group lifted their price objective on shares of Amazon.com from $272.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Barclays restated an “overweight” rating and set a $300.00 target price (up previously from $275.00) on shares of Amazon.com in a research report on Friday, October 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $295.96.

Amazon.com Stock Performance

NASDAQ AMZN opened at $238.18 on Thursday. The stock has a market cap of $2.55 trillion, a PE ratio of 33.64, a P/E/G ratio of 1.49 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. The firm has a 50-day moving average of $232.57 and a 200-day moving average of $228.42. Amazon.com has a 52-week low of $161.38 and a 52-week high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The firm had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the firm earned $1.43 EPS. The business’s revenue was up 13.4% on a year-over-year basis. On average, sell-side analysts anticipate that Amazon.com will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the transaction, the chief executive officer owned 493,507 shares of the company’s stock, valued at approximately $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the completion of the transaction, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. This trade represents a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 79,734 shares of company stock worth $18,534,017 in the last three months. Insiders own 9.70% of the company’s stock.

Institutional Investors Weigh In On Amazon.com

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Lifelong Wealth Advisors Inc. grew its stake in Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after purchasing an additional 41 shares in the last quarter. Barlow Wealth Partners Inc. raised its position 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 in the last quarter. Ridgecrest Wealth Partners LLC boosted its stake in shares of 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 buying an additional 45 shares during the period. Probity Advisors Inc. grew its position in shares of Amazon.com by 0.4% during the second quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock worth $2,667,000 after buying an additional 45 shares in the last quarter. Finally, Union Savings Bank increased its stake in shares of Amazon.com by 0.4% during the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock worth $2,510,000 after buying an additional 45 shares during the period. 72.20% of the stock is owned by institutional investors.

Key Amazon.com News

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Goldman Sachs raised its price target to $300 and kept a “buy” rating, reinforcing upside expectations for AMZN and supporting demand. Read More.
• Positive Sentiment: AWS launched the AWS European Sovereign Cloud (multi‑billion euro push) and announced expansion across EU markets — a strategic win for gov’t/compliance-driven customers that could accelerate higher‑margin cloud revenue. Read More.
• Positive Sentiment: Amazon secured copper supply from Rio Tinto for AI data‑center buildout, addressing a material infrastructure bottleneck for expansion of AI workloads and related capex. That supply deal reduces execution risk for AWS growth. Read More.
• Neutral Sentiment: Amazon joined other big tech firms in a Wikimedia Enterprise agreement to access Wikipedia for AI training — supportive for LLM development but not an immediate revenue driver. Read More.
• Neutral Sentiment: Reports that Amazon is seeking supplier discounts to offset tariff changes show active cost management; this can help margins but may strain vendor relationships. Read More.
• Negative Sentiment: Amazon is in a legal fight over its $475M investment in Saks Global after Saks filed Chapter 11; Amazon says the stake is now worthless and has objected to Saks’ financing plan — a clear near‑term hit to asset value and potential litigation exposure. Read More.
• Negative Sentiment: A U.S. judge rejected Amazon’s first attempt to block Saks’ bankruptcy funding, signaling more court battles ahead and downside risk to recovery value. Read More.
• Negative Sentiment: Amazon plans to continue appealing an Italian antitrust fine even after a reduction, keeping regulatory/legal uncertainty in Europe. Read More.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.