TD Cowen Reaffirms “Buy” Rating for Amazon.com (NASDAQ:AMZN)

Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating reiterated by analysts at TD Cowen in a research note issued on Thursday,Benzinga reports. They presently have a $300.00 price target on the e-commerce giant’s stock. TD Cowen’s price target points to a potential upside of 19.73% from the company’s current price.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Friday, April 10th. DZ Bank upgraded Amazon.com to a “strong-buy” rating in a report on Friday, February 6th. Raymond James Financial reduced their target price on Amazon.com from $260.00 to $225.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. JPMorgan Chase & Co. upped their target price on Amazon.com from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Finally, Tigress Financial upped their target price on Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. One investment 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $287.38.

Amazon.com Trading Up 0.3%

AMZN opened at $250.56 on Thursday. The business has a 50 day simple moving average of $213.76 and a two-hundred day simple moving average of $225.07. The firm has a market capitalization of $2.69 trillion, a price-to-earnings ratio of 34.95, a PEG ratio of 1.87 and a beta of 1.38. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. Amazon.com has a one year low of $165.29 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 EPS. Analysts predict that Amazon.com will post 6.31 EPS for the current year.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the sale, the chief executive officer owned 2,238,118 shares in the company, valued at $459,217,051.24. This represents a 0.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP David Zapolsky sold 10,649 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 93,186 shares of company stock worth $19,921,739 over the last three months. Corporate insiders own 9.70% of the company’s stock.

Institutional Trading of Amazon.com

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Krilogy Financial LLC grew its stake in shares of Amazon.com by 3.5% in the 1st quarter. Krilogy Financial LLC now owns 164,875 shares of the e-commerce giant’s stock worth $34,339,000 after buying an additional 5,510 shares during the last quarter. Kirr Marbach & Co. LLC IN boosted its stake in Amazon.com by 5.4% during the 1st quarter. Kirr Marbach & Co. LLC IN now owns 1,159 shares of the e-commerce giant’s stock valued at $241,000 after purchasing an additional 59 shares during the last quarter. Kennebec Savings Bank boosted its stake in Amazon.com by 2.6% during the 1st quarter. Kennebec Savings Bank now owns 15,431 shares of the e-commerce giant’s stock valued at $3,214,000 after purchasing an additional 384 shares during the last quarter. Investment Advisory Services Inc. TX ADV boosted its stake in Amazon.com by 2.8% during the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 15,595 shares of the e-commerce giant’s stock valued at $3,248,000 after purchasing an additional 419 shares during the last quarter. Finally, First City Capital Management Inc. boosted its stake in Amazon.com by 17.2% during the 1st quarter. First City Capital Management Inc. now owns 14,249 shares of the e-commerce giant’s stock valued at $2,968,000 after purchasing an additional 2,087 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Market sentiment has flipped positive on Amazon as investors focus on AWS’s AI-driven growth and the stock briefly touched record territory. Read More.
• Positive Sentiment: Amazon’s acquisition of Globalstar (satellite connectivity) is being viewed as strategic for its LEO/satellite ambitions (Project Kuiper/complementary assets), helping re-rate the stock. Read More.
• Positive Sentiment: AWS continues to land high‑profile customers (media/AI wins), reinforcing the enterprise AI revenue runway that underpins multiple expansion. Read More.
• Positive Sentiment: Multiple analysts and notable investors are raising targets or adding to positions (Truist, JPMorgan commentary and public buys), supporting momentum and sentiment. Read More.
• Positive Sentiment: Operational tailwind: NiSource expanded power agreements to accelerate energy delivery to Amazon data centers, easing one constraint on AWS capacity growth. Read More.
• Neutral Sentiment: Company initiatives beyond core cloud/retail — e.g., longer theatrical runs for content and investments in energy/space through affiliates — signal diversification but are longer‑term revenue drivers. Read More.
• Neutral Sentiment: Insider activity: CEO Douglas Herrington sold shares under a prearranged 10b5‑1 plan (disclosed sale), which is normal for planned programs but will be watched by some investors. Read More.
• Negative Sentiment: Marketplace friction: hundreds of large third‑party sellers staged a one‑day ad boycott over payout and ad‑payment changes and Amazon introduced fuel surcharges in some regions — a reputational and near‑term revenue risk for retail and ad businesses. Read More.
• Negative Sentiment: Valuation/technical caution: some analysts and market commentators flagged the stock as overbought after the rally, warning of a possible pullback despite the strategic positives. Read More.

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.