Amazon.com, Inc. (NASDAQ:AMZN) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Amazon.com, Inc. (NASDAQ:AMZN) have been assigned a consensus rating of “Moderate Buy” from the sixty research firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and fifty-seven have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $312.6552.

Several equities research analysts recently weighed in on the company. Wolfe Research restated an “outperform” rating and set a $320.00 target price (up from $245.00) on shares of Amazon.com in a research note on Thursday, April 30th. BNP Paribas Exane boosted their price objective on Amazon.com from $320.00 to $345.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Stifel Nicolaus set a $319.00 price objective on Amazon.com and gave the company a “buy” rating in a research note on Thursday, April 30th. Susquehanna reiterated a “positive” rating and issued a $325.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Barclays reiterated an “overweight” rating and issued a $330.00 price objective (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total value of $5,268,400.00. Following the completion of the sale, the chief executive officer owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This represents a 1.93% 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. Insiders have sold 195,774 shares of company stock valued at $51,552,494 in the last 90 days. Company insiders own 8.90% of the company’s stock.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMZN. Fairway Wealth LLC raised 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 during the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com during the third quarter worth approximately $27,000. MilWealth Group LLC raised its stake in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $45,000. Finally, Elkhorn Partners Limited Partnership raised its stake in shares of Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Amazon Web Services is deepening its AI growth story by selling AI shopping tools to retailers and expanding its broader “agentic commerce” strategy, reinforcing AWS as a potential new growth engine. Amazon starts selling its AI shopping technology to other retailers
• Positive Sentiment: Snowflake’s $6 billion AWS commitment highlights continued demand for Amazon’s cloud infrastructure and AI chips, which investors may view as validation of AWS’s competitive position and revenue pipeline. Snowflake signs $6 billion deal with AWS tied to AI infrastructure
• Positive Sentiment: UBS and other analysts remain bullish, arguing Amazon’s AWS AI backlog and margin expansion could be more powerful than Wall Street currently expects, with price targets well above recent trading levels. Amazon Stock (AMZN): This Top Analyst Says AWS AI Growth Is Stronger Than Investors Realize
• Positive Sentiment: Recent commentary says AWS margins are holding up better than rivals, helping support the case that Amazon can monetize AI spending without sacrificing profitability. AWS Margins Are Leaving Cloud Rivals Behind as Anthropic Demand Surges
• Neutral Sentiment: Amazon’s healthcare leadership change appears operational rather than strategic: longtime health executive Neil Lindsay is stepping down and Dr. Roy Schoenberg will take over, so the market may view it as a business continuity move. Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart
• Negative Sentiment: Multiple executive stock sales, including by CEO Andy Jassy and other leaders, may create modest short-term pressure or raise questions about insider sentiment, even though the trades were reported as pre-planned. Amazon.com (NASDAQ:AMZN) CEO Matthew Garman Sells 15,467 Shares of Stock

Amazon.com Price Performance

AMZN stock opened at $271.85 on Friday. The business has a 50 day moving average price of $242.99 and a 200 day moving average price of $232.13. The stock has a market cap of $2.92 trillion, a price-to-earnings ratio of 32.52, a PEG ratio of 1.99 and a beta of 1.46. Amazon.com has a fifty-two week low of $196.00 and a fifty-two week high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm’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. Equities research analysts anticipate that Amazon.com will post 7.71 earnings per share for the current fiscal year.

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.