Analysts Set Amazon.com, Inc. (NASDAQ:AMZN) Target Price at $266.26

Amazon.com, Inc. (NASDAQ:AMZN) has earned a consensus recommendation of “Buy” from the fifty-one brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, forty-seven have assigned a buy rating and three have given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $266.2553.

A number of equities analysts have commented on AMZN shares. Cantor Fitzgerald boosted their price target on shares of Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Sanford C. Bernstein set a $235.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Tuesday, July 1st. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, September 11th. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Wells Fargo & Company raised shares of Amazon.com from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $245.00 to $280.00 in a research note on Wednesday, September 24th.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the transaction, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the completion of the sale, the insider directly owned 890,273,469 shares of the company’s stock, valued at $202,777,588,034.13. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,597,911 shares of company stock worth $2,652,463,783. 10.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors have recently made changes to their positions in the business. Carderock Capital Management Inc. bought a new stake in Amazon.com during the 2nd quarter valued at $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com during the 1st quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. raised its holdings in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $216.37 on Friday. The company has a 50 day moving average of $225.94 and a 200 day moving average of $211.97. The stock has a market cap of $2.31 trillion, a P/E ratio of 32.98, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com will post 6.31 EPS for the current fiscal year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.