Amazon.com (NASDAQ:AMZN) had its price target increased by investment analysts at China Renaissance from $300.00 to $326.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm presently has a “buy” rating on the e-commerce giant’s stock. China Renaissance’s price target would suggest a potential upside of 17.79% from the company’s previous close.
Other equities analysts have also issued reports about the stock. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a report on Monday. Argus reissued a “buy” rating and issued a $325.00 target price on shares of Amazon.com in a research report on Friday, February 6th. Royal Bank Of Canada set a $320.00 price target on Amazon.com and gave the stock an “outperform” rating in a research note on Thursday. Arete Research raised their price target on Amazon.com from $285.00 to $301.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Citigroup reiterated a “buy” rating and issued a $325.00 price objective (up from $285.00) on shares of Amazon.com in a report on Thursday. Fifty-six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $313.09.
Check Out Our Latest Stock Report on AMZN
Amazon.com Stock Up 1.7%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The company had revenue of $181.52 billion for the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. Amazon.com’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.59 earnings per share. Sell-side analysts expect that Amazon.com will post 7.71 EPS for the current year.
Insiders Place Their Bets
In other Amazon.com news, Director Jonathan Rubinstein sold 3,706 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $273.02, for a total value of $1,011,812.12. Following the sale, the director owned 74,948 shares of the company’s stock, valued at $20,462,302.96. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,000 shares of Amazon.com stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $255.00, for a total value of $7,905,000.00. Following the completion of the transaction, the chief executive officer owned 2,207,118 shares of the company’s stock, valued at $562,815,090. The trade was a 1.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 131,741 shares of company stock valued at $29,839,291. 8.90% of the stock is owned by company insiders.
Institutional Trading of Amazon.com
Several hedge funds have recently added to or reduced their stakes in the company. Fairway Wealth LLC grew 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 purchasing an additional 60 shares in the last quarter. Sellwood Investment Partners LLC acquired a new stake in Amazon.com in the third quarter valued at $27,000. MilWealth Group LLC lifted its holdings in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. acquired a new position in shares of Amazon.com during the 4th quarter worth about $45,000. Finally, Elkhorn Partners Limited Partnership boosted its position in shares of Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon launched “Amazon Supply Chain Services” (ASCS), opening its freight, fulfillment and delivery network to outside businesses — a potential new high?margin monetization path similar to the AWS playbook; the announcement triggered steep declines in UPS/FDX as markets reprice competitive dynamics. Amazon opens up its logistics network to other businesses
- Positive Sentiment: Q1 results and management tone support the growth case: Amazon beat Q1 EPS/revenue expectations and CEO Andy Jassy defended the company’s large AI infrastructure spending as a long?term growth investment, which bolsters the AWS/AI revenue backlog narrative. Andy Jassy says Amazon investors will be rewarded by all its AI spending
- Positive Sentiment: Wall Street momentum: several firms raised or widened price targets and maintained buy/overweight calls this week, signaling incremental analyst confidence in AWS/AI and the new logistics opportunity (example: New Street raised its target). New Street raises target
- Neutral Sentiment: Options and institutional flows show elevated activity — unusually large options volume and put/call skew indicate speculative positioning and hedging around the recent catalysts rather than a clear directional bet. Huge unusual options volume
- Neutral Sentiment: Insider transaction: a director sold ~3,700 shares under a pre?arranged 10b5?1 plan — routine disclosure that typically has limited informational value. Director sale disclosed
- Negative Sentiment: CapEx and free?cash?flow pressure: commentary and data point to materially higher AI capex reducing near?term free cash flow — a risk if revenue realization or efficiency gains lag expectations. Investors should watch capex/FCF trends and the timeline for margin recovery. CapEx reduces FCF
- Negative Sentiment: Some market voices urge caution on expected returns — analysis arguing that analyst price targets limit upside and suggesting alternative trades (e.g., shorting AMZN puts) highlights a segment of investor skepticism about risk/reward. Expected returns low — short puts suggested
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.
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