Amazon.com, Inc. (NASDAQ:AMZN) Stock Has Consensus Target Price of $322.53 According to Analysts

Amazon.com, Inc. (NASDAQ:AMZN) has earned an average rating of “Moderate Buy” from the sixty analysts that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and fifty-seven have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $322.53.

AMZN has been the topic of several research reports. UBS Group set a $200.00 price objective on shares of Amazon.com in a research note on Thursday, September 17th. Oppenheimer reissued an “outperform” rating on shares of Amazon.com in a research note on Friday, July 31st. Wells Fargo & Company set a $329.00 price target on shares of Amazon.com and gave the company an “overweight” rating in a report on Monday, October 12th. Phillip Securities downgraded shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, August 3rd. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $390.00 price target (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st.

Amazon.com Trading Down 1.0%

NASDAQ:AMZN opened at $248.00 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. Amazon.com has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The stock’s 50-day moving average is $255.56 and its two-hundred day moving average is $253.29. The stock has a market cap of $2.68 trillion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 2.04 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm’s revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.68 earnings per share. As a group, equities research analysts forecast that Amazon.com will post 7.55 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the completion of the transaction, the chief executive officer directly owned 476,681 shares in the company, valued at approximately $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,589 shares of company stock valued at $18,580,515. Corporate insiders own 8.90% of the company’s stock.

Hedge Funds Weigh In On Amazon.com

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Level Wealth Management LLC grew its stake in Amazon.com by 136.7% during the third quarter. Level Wealth Management LLC now owns 2,793 shares of the e-commerce giant’s stock worth $696,000 after buying an additional 1,613 shares during the last quarter. Holos Integrated Wealth LLC increased its holdings in shares of Amazon.com by 5.7% during the third quarter. Holos Integrated Wealth LLC now owns 6,712 shares of the e-commerce giant’s stock worth $1,762,000 after buying an additional 360 shares in the last quarter. Marest Capital LLC raised its stake in shares of Amazon.com by 0.5% in the third quarter. Marest Capital LLC now owns 12,779 shares of the e-commerce giant’s stock valued at $3,184,000 after acquiring an additional 60 shares during the last quarter. Aries Wealth Management raised its stake in shares of Amazon.com by 0.8% in the third quarter. Aries Wealth Management now owns 43,785 shares of the e-commerce giant’s stock valued at $10,909,000 after acquiring an additional 358 shares during the last quarter. Finally, Tower View Wealth Management LLC boosted its holdings in shares of Amazon.com by 2.6% in the 3rd quarter. Tower View Wealth Management LLC now owns 30,499 shares of the e-commerce giant’s stock worth $7,599,000 after acquiring an additional 786 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS growth is accelerating, with analysts focused on stronger demand for AI infrastructure, a large cloud backlog and potential margin expansion. Morgan Stanley named Amazon a top pick and raised its price target to $350, citing AWS growth, advertising, Prime, and fulfillment automation as additional catalysts. Amazon’s $350 Price Target Faces a Big Earnings Test
• Positive Sentiment: CEO Andy Jassy said Amazon’s Trainium chips could reduce AI inference costs, which he characterized as roughly 10 times too high today. Successful adoption of internally designed chips could lower AWS infrastructure costs and improve profitability. Amazon CEO Discusses AI Inference Costs and Trainium
• Positive Sentiment: Analysts also see longer-term upside from warehouse automation, logistics expansion and advertising monetization, while Amazon’s planned UK entry-level hiring initiative may support its workforce and public-image goals. Amazon Logistics Automation Offers Long-Term Margin Gains
• Neutral Sentiment: Investors are awaiting the October 29 quarterly report, which is expected to clarify AWS growth, cloud margins, capital-spending guidance, free-cash-flow recovery and early Prime Day demand. Amazon Earnings Scheduled for October 29
• Negative Sentiment: The $220 billion investment plan has pushed free cash flow into the red and raised concerns that AI spending may outpace near-term returns. Reports that Nvidia hardware is waiting for available data-center power add execution risk to the infrastructure buildout. Amazon AI Hardware Awaits Data-Center Power

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.