Amazon.com (NASDAQ:AMZN) had its price target lowered by Wolfe Research from $255.00 to $250.00 in a research note published on Thursday,MarketScreener reports. The brokerage currently has an outperform rating on the e-commerce giant’s stock.
Several other research firms have also commented on AMZN. Citigroup reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a report on Tuesday. Piper Sandler reiterated an “overweight” rating and set a $260.00 target price (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Arete Research lifted their price target on Amazon.com from $283.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, Wedbush cut their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $286.84.
Get Our Latest Report on Amazon.com
Amazon.com Trading Down 0.5%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). The company had revenue of $213.39 billion during 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 firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the business earned $1.86 EPS. Research analysts forecast that Amazon.com will post 6.31 earnings per share for the current year.
Insider Activity at Amazon.com
In related news, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.82, for a total value of $1,406,779.70. Following the sale, the chief executive officer directly owned 522,361 shares in the company, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Matthew S. Garman sold 17,751 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the transaction, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,686 shares of company stock valued at $14,688,739 in the last three months. Company insiders own 9.70% of the company’s stock.
Institutional Investors Weigh In On Amazon.com
Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMZN. Fairway Wealth LLC increased its stake in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares during the period. Sellwood Investment Partners LLC purchased a new position in Amazon.com in the third quarter worth approximately $27,000. MilWealth Group LLC lifted its stake in Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after acquiring an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. acquired a new position in Amazon.com during the 4th quarter worth approximately $45,000. Finally, Elkhorn Partners Limited Partnership increased its position in shares of Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 180 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Key Headlines Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Large GPU supply deal for AWS underscores strong AI demand and recurring cloud revenue upside; Nvidia says it will sell 1 million GPUs (and other products) to Amazon Web Services through 2027, supporting AWS’s AI-driven growth thesis. Read More.
- Positive Sentiment: Amazon acquired Rivr, a stair‑climbing delivery-robot startup, signaling continued investment to cut last‑mile costs and improve safety — a strategic move for logistics efficiency and scaling doorstep delivery pilots. Read More.
- Positive Sentiment: CEO Andy Jassy’s internal forecast that AI could push AWS to ~$600B annually fuels long‑term upside expectations for the cloud unit, helping support valuation despite heavy AI capex. Read More.
- Neutral Sentiment: Appeals court pause allows Perplexity AI shopping bots to keep functioning on Amazon while litigation continues — limits immediate disruption to site traffic/revenue but keeps regulatory/legal uncertainty live. Read More.
- Neutral Sentiment: Product expansion: Amazon rolled out Alexa+ in the U.K. early access program — incremental services and device engagement upside but limited near-term revenue impact versus cloud/logistics headlines. Read More.
- Neutral Sentiment: Jeff Bezos reportedly courting partners for a $100B automation fund — potential ecosystem benefits for automation/robotics but not an immediate Amazon revenue driver. Read More.
- Negative Sentiment: Logistics risk: Amazon says USPS “walked away” from talks and reports indicate Amazon plans to cut USPS parcel volume dramatically — switching carriers and scaling in‑house delivery raises transition costs and operational risk ahead of the October contract deadline. Read More.
- Negative Sentiment: Legal/regulatory risk: Microsoft is reportedly considering legal action over a large Amazon–OpenAI cloud deal, creating potential litigation or contractual headwinds that could affect AWS’s access to certain AI workloads. 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.
Recommended Stories
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
