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

Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating reiterated by TD Cowen in a report issued on Monday, MarketBeat Ratings reports. They presently have a $350.00 target price on the e-commerce giant’s stock. TD Cowen’s price target would suggest a potential upside of 34.66% from the stock’s current price.

Several other analysts have also weighed in on the company. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a report on Thursday, June 18th. UBS Group set a $200.00 target price on Amazon.com in a research note on Thursday, September 17th. Royal Bank Of Canada raised their target price on Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Rosenblatt Securities lifted their price target on shares of Amazon.com from $335.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. Finally, Bank of America boosted their price target on shares of Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $322.86.

Amazon.com Stock Performance

NASDAQ AMZN traded up $3.63 during midday trading on Monday, hitting $259.92. The company had a trading volume of 36,116,720 shares, compared to its average volume of 46,704,461. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.80 trillion, a price-to-earnings ratio of 20.91, a P/E/G ratio of 1.94 and a beta of 1.45. The firm has a fifty day simple moving average of $257.97 and a two-hundred day simple moving average of $249.09. Amazon.com has a fifty-two week low of $196.00 and a fifty-two week high of $287.20.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the prior year, the business earned $1.68 earnings per share. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. Equities analysts forecast that Amazon.com will post 8.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents a 44.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. This trade represents a 18.35% 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 have sold 71,589 shares of company stock worth $18,580,515 in the last quarter. 8.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently bought and sold shares of AMZN. Silvant Capital Management LLC acquired a new position in Amazon.com in the 2nd quarter worth about $60,065,000. Public Employees Retirement System of Ohio acquired a new position in Amazon.com in the 2nd quarter worth about $909,868,000. Northstar Financial Companies Inc. acquired a new position in Amazon.com in the 2nd quarter worth about $3,376,000. Gryphon Financial Partners LLC raised its holdings in Amazon.com by 7.5% in the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock worth $15,221,000 after purchasing an additional 5,125 shares during the period. Finally, First Citizens Bank & Trust Co. raised its holdings in Amazon.com by 1.7% in the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock worth $63,285,000 after purchasing an additional 5,104 shares during the period. 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: Analysts see AWS revenue accelerating as demand for AI infrastructure, agentic AI and inference services expands. Amazon’s AI business reportedly exceeds a $25 billion annualized revenue run rate, while AWS delivered strong recent growth and generated most of the company’s operating income. Amazon AI Boom
• Positive Sentiment: The FCC is considering auctions and rule changes that could expand satellite-to-phone spectrum. The proposals may benefit Amazon’s satellite ambitions and create additional long-term growth potential. FCC Spectrum Proposal
• Positive Sentiment: Prime Video secured a six-year global agreement to stream the Emmy Awards beginning in 2027, with viewing available without a Prime subscription. The deal strengthens Amazon’s advertising and streaming reach. Amazon Emmy Deal
• Neutral Sentiment: Amazon may place roughly $8 billion of Nvidia chips into a financing vehicle and lease them back. The structure could preserve capital for AWS expansion, but it also underscores the scale of the company’s AI investment needs. Nvidia Chip Financing
• Negative Sentiment: Investors remain concerned that rising AI capital expenditures could pressure free cash flow before new data centers generate sufficient revenue. Prime Big Deal Days are also testing demand as consumer confidence weakens. Amazon Data Center Spending
• Negative Sentiment: CEO Douglas Herrington sold 1,000 shares under a pre-arranged Rule 10b5-1 plan. The sale was small relative to his remaining holdings, limiting its significance, but it may create modest headline pressure. SEC Insider Filing

About Amazon.com

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.