Amazon.com (NASDAQ:AMZN) Given “Buy” Rating at The Goldman Sachs Group

The Goldman Sachs Group reaffirmed their buy rating on shares of Amazon.com (NASDAQ:AMZN) in a report published on Tuesday morning,MarketScreener reports.

Several other brokerages have also weighed in on AMZN. Cantor Fitzgerald lifted their price objective on Amazon.com from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. KeyCorp set a $285.00 price objective on Amazon.com in a report on Friday, February 6th. BMO Capital Markets reissued an “outperform” rating and set a $310.00 price objective (up from $304.00) on shares of Amazon.com in a report on Tuesday, February 3rd. President Capital decreased their price objective on Amazon.com from $320.00 to $296.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. lifted their price objective on Amazon.com from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $287.29.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $249.04 on Tuesday. Amazon.com has a 12 month low of $165.29 and a 12 month high of $258.60. The company has a market cap of $2.68 trillion, a P/E ratio of 34.73, a P/E/G ratio of 1.80 and a beta of 1.38. The business’s 50 day moving average is $212.10 and its two-hundred day moving average is $224.54. 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 (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. During the same period in the previous year, the business posted $1.86 EPS. Amazon.com’s revenue for the quarter was up 13.6% compared to the same quarter last year. On average, equities analysts expect that Amazon.com will post 6.31 EPS for the current year.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 2,695 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the sale, the vice president owned 119,780 shares of the company’s stock, valued at $24,662,702. The trade was a 2.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value 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 approximately $1,930,094.10. This represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 72,686 shares of company stock worth $14,899,239 over the last quarter. Corporate insiders own 10.80% of the company’s stock.

Hedge Funds Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently bought and sold shares of the business. American Capital Advisory LLC grew its stake in Amazon.com by 63.9% in the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock valued at $1,774,000 after acquiring an additional 3,152 shares during the period. Compagnie Lombard Odier SCmA acquired a new position in Amazon.com in the third quarter valued at about $451,642,000. Baltimore Washington Financial Advisors Inc. grew its stake in Amazon.com by 1.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock valued at $52,667,000 after acquiring an additional 4,558 shares during the period. Wealthfront Advisers LLC grew its stake in Amazon.com by 3.9% in the third quarter. Wealthfront Advisers LLC now owns 1,145,151 shares of the e-commerce giant’s stock valued at $251,441,000 after acquiring an additional 42,707 shares during the period. Finally, Pettee Investors Inc. boosted its position in shares of Amazon.com by 16.9% during the third quarter. Pettee Investors Inc. now owns 19,623 shares of the e-commerce giant’s stock worth $4,309,000 after buying an additional 2,838 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: Amazon agreed to acquire satellite operator Globalstar for about $11.6B to expand its Amazon Leo/Kuiper ambitions — the deal gives Amazon spectrum, operational assets and the ability to offer direct-to-device phone/data services (and ties into Apple iPhone emergency features), a strategic move that could meaningfully extend AWS/hardware revenue streams and position AMZN as a direct competitor to SpaceX’s Starlink. Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Starlink
• Positive Sentiment: A reported shift in the AI vendor landscape (OpenAI highlighting Amazon/AWS as a partner) and continued AWS AI revenue momentum reinforce the outlook for higher-margin cloud services — a structural tailwind for AMZN profits and investor sentiment. Is OpenAI outgrowing Microsoft? A new Amazon alliance raises the stakes.
• Positive Sentiment: Unusual bullish options activity and heavy call volume ahead of earnings signal trader conviction in near-term upside — a technical/flow catalyst that can amplify price moves into earnings. Heavy, Unusual Volume in Amazon Options Ahead of Earnings in Two Weeks
• Neutral Sentiment: Wall Street remains broadly constructive: multiple buy/outperform ratings and elevated price targets (median ~ $300) support the long-term bull case, but they’re largely consensus reinforcement rather than a new catalyst. Amazon.com Inc: Goldman Sachs Remains Its Buy Rating
• Neutral Sentiment: Analysts note the Globalstar purchase is strategically important but long-duration: it accelerates capabilities for 2028 direct-to-device services while not addressing near-term constraints (notably rocket launch capacity). This tempers how quickly the deal can boost revenues. Amazon’s $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say
• Negative Sentiment: Operational/ESG risk: a worker death at an Oregon fulfillment center has drawn scrutiny and could create near-term reputational and regulatory attention. Amazon (AMZN) Worker Dies at Oregon Facility, Sparking Safety Concerns

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.