Amazon.com (NASDAQ:AMZN) Given New $315.00 Price Target at BMO Capital Markets

Amazon.com (NASDAQ:AMZN) had its price target hoisted by BMO Capital Markets from $310.00 to $315.00 in a research note released on Thursday, MarketBeat.com reports. The brokerage currently has an outperform rating on the e-commerce giant’s stock.

A number of other brokerages also recently weighed in on AMZN. Wedbush decreased their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Guggenheim restated a “buy” rating and issued a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Wall Street Zen cut Amazon.com from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Cantor Fitzgerald increased their price target on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $296.00 price objective on shares of Amazon.com in a report on Wednesday, April 15th. 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $288.91.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $255.08 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. The stock has a market capitalization of $2.74 trillion, a price-to-earnings ratio of 35.58, a PEG ratio of 1.91 and a beta of 1.38. The firm’s 50 day simple moving average is $217.54 and its 200-day simple moving average is $225.95. Amazon.com has a 12 month low of $178.85 and a 12 month high of $258.79.

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 analysts’ consensus estimates of $1.97 by ($0.02). The firm had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the company posted $1.86 earnings per share. Analysts expect that Amazon.com will post 7.72 EPS for the current year.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction dated 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 directly owned 119,780 shares in the company, valued at approximately $24,662,702. The trade was a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 31,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $255.00, for a total value of $7,905,000.00. Following the sale, the chief executive officer owned 2,207,118 shares of the company’s stock, valued at approximately $562,815,090. This trade represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 124,186 shares of company stock worth $27,826,739 in the last three months. 9.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amazon.com

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lifelong Wealth Advisors Inc. raised its holdings in Amazon.com by 2.4% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after buying an additional 41 shares during the period. Financial Connections Group Inc. lifted its position in Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after buying an additional 42 shares during the last quarter. Marquette Asset Management LLC boosted its stake in Amazon.com by 5.1% during the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after buying an additional 43 shares during the period. Wernau Asset Management Inc. increased its position in shares of Amazon.com by 0.4% during the first quarter. Wernau Asset Management Inc. now owns 10,231 shares of the e-commerce giant’s stock valued at $2,131,000 after acquiring an additional 43 shares during the last quarter. Finally, Western Financial Corp CA increased its position in shares of Amazon.com by 1.5% during the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock valued at $710,000 after acquiring an additional 44 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Expanded Anthropic partnership boosts long?term AWS revenue visibility — Amazon announced a multi?billion dollar investment and an Anthropic commitment that analysts frame as locking in >$100B of future AWS demand, supporting cloud growth and the AI narrative. Read More.
• Positive Sentiment: Multiple analyst upgrades/price?target raises (BMO, Bernstein, UBS, Arete, others) are reinforcing bullish sentiment and providing near?term support ahead of earnings. Read More.
• Positive Sentiment: New healthcare revenue stream: Amazon launched a nationwide GLP?1 weight?loss program via One Medical + Amazon Pharmacy, which could create recurring pharmacy/clinic revenue and broaden growth beyond retail and cloud. Read More.
• Neutral Sentiment: CEO Andy Jassy executed a pre?arranged 10b5?1 sale of 31,000 shares — a routine diversification event that is not an obvious signal on fundamentals. Read More.
• Neutral Sentiment: Internal reorg: Amazon is stripping traditional job titles in some units and using “builder” labels — signals of cultural/operational change but limited direct near?term revenue impact. Read More.
• Negative Sentiment: Regulatory/legal risk resurfaced after California’s attorney general said unsealed filings show Amazon pressured retailers to raise prices — this could trigger fines, remedies or protracted litigation if allegations proceed. Read More.
• Negative Sentiment: Profitability/capex concerns: while the Anthropic/AWS deals lift revenue visibility, analysts warn the AI push requires massive capex and operating spend that could pressure near?term margins and free cash flow. Read More.
• Negative Sentiment: Retail competition intensifies — Walmart/Sam’s Club rolling out faster delivery options and decision?layer competition (shopping AI/assistants) could compress retail margins and slow unit growth. 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.