Amazon.com (NASDAQ:AMZN) Given New $294.00 Price Target at Stifel Nicolaus

Amazon.com (NASDAQ:AMZN) had its target price cut by Stifel Nicolaus from $300.00 to $294.00 in a report released on Monday morning, Marketbeat reports. They currently have a buy rating on the e-commerce giant’s stock.

Several other analysts have also issued reports on AMZN. Wells Fargo & Company upped their target price on shares of Amazon.com from $304.00 to $305.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. Cantor Fitzgerald raised their price target on shares of Amazon.com from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. DA Davidson restated a “neutral” rating and set a $175.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Tuesday, March 17th. Finally, Moffett Nathanson lifted their target price on shares of Amazon.com from $283.00 to $288.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com Stock Up 0.6%

AMZN stock opened at $239.89 on Monday. The firm has a market capitalization of $2.58 trillion, a PE ratio of 33.46, a P/E/G ratio of 1.79 and a beta of 1.38. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. Amazon.com has a twelve month low of $165.29 and a twelve month high of $258.60. The stock’s 50 day moving average is $211.90 and its 200-day moving average is $224.33.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.86 EPS. Sell-side analysts expect that Amazon.com will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total transaction of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at $24,662,702. This trade represents a 2.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. This trade represents a 65.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 72,686 shares of company stock valued at $14,899,239. Corporate insiders own 10.80% of the company’s stock.

Institutional Trading of Amazon.com

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. State Street Corp raised its position in shares of Amazon.com by 1.8% in the fourth quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock valued at $89,708,913,000 after purchasing an additional 6,971,680 shares during the period. Geode Capital Management LLC lifted its stake in shares of Amazon.com by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock valued at $51,753,622,000 after buying an additional 2,479,324 shares in the last quarter. Norges Bank purchased a new stake in shares of Amazon.com during the 4th quarter valued at approximately $32,868,735,000. Finally, Auto Owners Insurance Co boosted its holdings in Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after buying an additional 98,090,585 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com News Summary

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

• Positive Sentiment: OpenAI memo highlights a growing Amazon alliance, signaling that OpenAI is leaning on AWS to reach enterprise clients — this validates AWS as a core infrastructure winner in the generative-AI race and underpins upside to cloud revenue. OpenAI touts Amazon alliance in memo, says Microsoft has ‘limited our ability’ to reach clients
• Positive Sentiment: AWS momentum: social/analyst commentary points to an AI revenue run rate north of $15B and heavy data-center capex (large investments to support AI workloads). That reinforces the view that AWS is entering a higher-margin AI infrastructure cycle. Amazon Stock (AMZN) Opinions on AWS AI Revenue Milestone
• Positive Sentiment: CEO Andy Jassy is publicly emphasizing Amazon’s AI strategy (calling it a long-term opportunity), helping calm investors worried about near-term margin pressure from AI spending. Analyst pieces pick up Jassy’s message as a catalyst. Jassy Is Selling the Amazon AI Story: Should You Buy AMZN Stock Here?
• Positive Sentiment: Amazon Autos expansion: Amazon is broadening Amazon Autos to more brands (Chevrolet, Jeep, Kia, Mazda, Subaru) and 130+ cities — a new revenue channel that investors see as incremental GMV and customer engagement. Amazon’s Car Sales Bet Is Getting Bigger With New Brands and More Cities
• Positive Sentiment: Product/partnership wins outside core retail — e.g., a LEO aviation antenna for 1 Gbps in‑flight Wi‑Fi and Delta tie-ups — highlight new monetization avenues (connectivity, devices, services). What’s Going On With Amazon Stock Monday?
• Neutral Sentiment: Analyst nuance: Stifel trimmed its price target slightly (from $300 to $294) but kept a Buy — a small technical change that doesn’t alter the broad buy-side consensus. Stifel adjusts price target on Amazon
• Neutral Sentiment: New productized ways to trade AMZN (Roundhill WeeklyPay ETF) create derivative demand but can also introduce odd short-term flows; not a fundamental earnings driver. Amazon Pays You Weekly Now — Here’s the ETF Making It Happen
• Negative Sentiment: Insider and institutional selling flagged in data feeds (heavy insider disposals and some big fund reductions) — raises a governance/positioning watch flag that could pressure sentiment if it continues. Amazon Stock (AMZN) Opinions on AWS AI Revenue Milestone

Amazon.com Company Profile

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.