Amazon.com (NASDAQ:AMZN) Given New $365.00 Price Target at JPMorgan Chase & Co.

Amazon.com (NASDAQ:AMZN) had its target price increased by JPMorgan Chase & Co. from $330.00 to $365.00 in a report released on Friday morning, MarketBeat reports. JPMorgan Chase & Co. currently has an overweight rating on the e-commerce giant’s stock.

Several other equities analysts also recently weighed in on AMZN. UBS Group reaffirmed a “buy” rating and issued a $305.00 price objective (down from $333.00) on shares of Amazon.com in a research note on Tuesday. HSBC reiterated a “buy” rating and set a $310.00 target price on shares of Amazon.com in a research report on Friday. BMO Capital Markets reissued an “outperform” rating and issued a $360.00 target price (up from $355.00) on shares of Amazon.com in a report on Tuesday. Susquehanna restated a “positive” rating and issued a $325.00 price target (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, June 16th. Fifty-six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $322.12.

Amazon.com Trading Up 15.3%

Shares of AMZN opened at $271.58 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average is $245.70 and its two-hundred day moving average is $236.22. Amazon.com has a twelve month low of $196.00 and a twelve month high of $278.56. The firm has a market capitalization of $2.92 trillion, a P/E ratio of 21.85, a PEG ratio of 1.75 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (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 19.59%. The company had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. During the same period last year, the company posted $1.68 earnings per share. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. On average, research analysts predict that Amazon.com will post 7.84 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Matthew S. Garman sold 15,467 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the sale, the chief executive officer owned 14,159 shares of the company’s stock, valued at $3,729,480.60. This trade represents a 52.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the sale, the chief executive officer owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. This represents a 5.51% 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 a total of 135,719 shares of company stock valued at $36,438,002 in the last ninety days. 8.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Perspectives Inc boosted its position 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 acquiring an additional 1,951 shares during the last quarter. Prism Advisors Inc. purchased a new stake in Amazon.com in the 2nd quarter worth approximately $224,000. SWP Financial LLC acquired a new position in Amazon.com in the 2nd quarter valued at $270,000. DHJJ Financial Advisors Ltd. raised its holdings in Amazon.com by 1.8% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 3,580 shares of the e-commerce giant’s stock valued at $853,000 after acquiring an additional 65 shares during the last quarter. Finally, Udine Wealth Management Inc. lifted its stake 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 purchasing an additional 2,032 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com News Summary

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

• Positive Sentiment: Amazon reported record quarterly sales of $200.6 billion, up nearly 20% year over year, while earnings per share of $5.75 significantly exceeded the $1.82 consensus estimate. Operating income rose 43% to $27.5 billion. Amazon second-quarter results
• Positive Sentiment: AWS revenue accelerated 37% to $42.2 billion—its fastest growth in 18 quarters—beating expectations as enterprise AI demand strengthened. The result helped ease concerns that Amazon’s massive AI infrastructure investments would not produce adequate returns. Amazon AWS growth
• Positive Sentiment: Advertising revenue climbed 26% to approximately $19.8 billion, while stronger e-commerce activity and robotics-supported fulfillment added to the broad-based quarterly beat.
• Positive Sentiment: Multiple firms raised their price targets following the results, including JPMorgan to $365, Benchmark to $400, Truist to $350, and RBC to $330. Analysts cited accelerating AWS growth, AI monetization and margin potential. Amazon analyst price targets
• Positive Sentiment: Amazon completed the remaining $35 billion of its planned OpenAI investment, bringing its total commitment to $50 billion. The partnership could support future AWS demand, although it also increases capital commitments. Amazon OpenAI investment
• Neutral Sentiment: Amazon raised its 2026 capital-spending outlook to $220 billion to expand AI and cloud capacity. Management sees demand extending into 2028, but the scale of spending will keep free cash flow and funding requirements under scrutiny.
• Neutral Sentiment: The company expects third-quarter revenue of $197 billion to $202 billion, below the roughly $204.6 billion analyst consensus, creating a potential near-term headwind despite the strong quarter.
• Negative Sentiment: Amazon faces consumer lawsuits alleging misleading seafood sustainability claims and the sale of protein powder allegedly contaminated with heavy metals. The cases could create legal, reputational and compliance costs, though their financial impact is currently unclear. Amazon consumer lawsuit

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.