Mizuho Cuts Amazon.com (NASDAQ:AMZN) Price Target to $320.00

Amazon.com (NASDAQ:AMZN) had its price objective decreased by analysts at Mizuho from $325.00 to $320.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the e-commerce giant’s stock. Mizuho’s target price would indicate a potential upside of 38.29% from the company’s previous close.

AMZN has been the subject of several other reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Amazon.com in a report on Friday, June 26th. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Thursday, April 9th. Maxim Group raised their price target on shares of Amazon.com from $290.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $319.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Guggenheim reaffirmed a “buy” rating and set a $320.00 target price (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $312.83.

Amazon.com Stock Performance

Shares of AMZN opened at $231.39 on Tuesday. Amazon.com has a one year low of $196.00 and a one year high of $278.56. The company has a market cap of $2.49 trillion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 1.74 and a beta of 1.46. The firm has a 50-day moving average of $247.59 and a 200-day moving average of $236.27. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 earnings per share. As a group, equities analysts forecast that Amazon.com will post 7.75 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 15,467 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the sale, the chief executive officer owned 14,159 shares in the company, valued at approximately $3,729,480.60. The trade was a 52.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jonathan Rubinstein sold 3,706 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $273.02, for a total value of $1,011,812.12. Following the completion of the sale, the director directly owned 74,948 shares of the company’s stock, valued at approximately $20,462,302.96. The trade was a 4.71% decrease in their position. 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 140,425 shares of company stock valued at $37,715,464 in the last quarter. Insiders own 8.90% of the company’s stock.

Institutional Trading of Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Perspectives Inc raised its stake in Amazon.com by 8.8% during the second quarter. Financial Perspectives Inc now owns 24,039 shares of the e-commerce giant’s stock worth $5,729,000 after buying an additional 1,951 shares during the last quarter. Prism Advisors Inc. acquired a new position in shares of Amazon.com in the 2nd quarter valued at about $224,000. SWP Financial LLC bought a new stake in shares of Amazon.com during the 2nd quarter valued at about $270,000. DHJJ Financial Advisors Ltd. increased its holdings in Amazon.com by 1.8% in the second quarter. DHJJ Financial Advisors Ltd. now owns 3,580 shares of the e-commerce giant’s stock worth $853,000 after purchasing an additional 65 shares in the last quarter. Finally, Udine Wealth Management Inc. boosted its holdings in shares of Amazon.com by 7.9% during the 2nd quarter. Udine Wealth Management Inc. now owns 27,868 shares of the e-commerce giant’s stock worth $6,642,000 after buying an additional 2,032 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 is seeking FCC approval for a 5,105-satellite Amazon Leo constellation that could provide direct-to-device voice, messaging, data and emergency services beginning in 2028. The plan would expand Amazon beyond e-commerce and cloud computing, use assets connected to its planned Globalstar acquisition, and create a potential competitor to SpaceX’s Starlink. Amazon Leo satellite network report
• Positive Sentiment: Analyst Brian White of Monness reaffirmed a Buy rating and a $315 price target, citing AWS momentum. The target implies substantial upside from current levels, although it is dependent on strong cloud results and effective AI monetization. Amazon analyst rating report
• Neutral Sentiment: Investors are focused on Amazon’s upcoming quarterly results, particularly AWS growth, operating margins, free cash flow and the outlook for roughly $200 billion in 2026 capital expenditures. Strong results may not be enough if management raises spending or provides cautious guidance, following weak market reactions to other technology companies’ AI investments. Amazon earnings preview
• Negative Sentiment: Amazon is reportedly winding down most of its Nova in-house AI models and refocusing on a new frontier-model effort. Layoffs affecting its artificial general intelligence team add to concerns about strategic execution and whether prior AI investments will generate acceptable returns. Amazon AI strategy overhaul
• Negative Sentiment: Warner Bros. Discovery sued Amazon over the hiring of an HBO Max executive, alleging that Amazon induced a contract breach and seeking restrictions on future employee poaching. The dispute is an additional legal and operational overhang, though its direct financial impact is not yet clear. Warner Bros. Discovery lawsuit report

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.