Amazon.com (NASDAQ:AMZN) Earns “Buy” Rating from Guggenheim

Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating reiterated by equities researchers at Guggenheim in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $320.00 target price on the e-commerce giant’s stock. Guggenheim‘s price objective indicates a potential upside of 33.43% from the company’s previous close.

Several other research analysts have also recently commented on AMZN. Sanford C. Bernstein reiterated an “outperform” rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Tigress Financial restated a “buy” rating and issued a $385.00 target price (up from $315.00) on shares of Amazon.com in a report on Tuesday, October 6th. Wolfe Research reiterated an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday. Finally, Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $322.00.

Amazon.com Price Performance

Shares of AMZN opened at $239.82 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The firm has a market cap of $2.59 trillion, a price-to-earnings ratio of 19.16, a PEG ratio of 1.98 and a beta of 1.45. Amazon.com has a 52 week low of $196.00 and a 52 week high of $287.20. The stock has a 50 day moving average of $254.67 and a 200-day moving average of $243.12.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The firm had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. During the same quarter last year, the company posted $1.95 EPS. Amazon.com’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, analysts forecast that Amazon.com will post 8.00 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 14,541 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their ownership of the stock. 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, VP Shelley Reynolds sold 2,343 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $606,860.43. Following the transaction, the vice president owned 119,780 shares in the company, valued at $31,024,217.80. The trade was a 1.92% 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 over the last quarter. Corporate insiders own 8.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Integrity Advisory Solutions LLC raised its position in Amazon.com by 16.1% during the 3rd quarter. Integrity Advisory Solutions LLC now owns 19,941 shares of the e-commerce giant’s stock worth $4,968,000 after purchasing an additional 2,765 shares during the last quarter. Spectrum Wealth Advisory Group LLC lifted its stake in shares of Amazon.com by 2.1% in the third quarter. Spectrum Wealth Advisory Group LLC now owns 9,241 shares of the e-commerce giant’s stock worth $2,302,000 after acquiring an additional 190 shares during the period. Reston Wealth Management LLC boosted its holdings in Amazon.com by 5.4% in the third quarter. Reston Wealth Management LLC now owns 4,291 shares of the e-commerce giant’s stock valued at $1,069,000 after acquiring an additional 219 shares during the last quarter. Mountain Pacific Investment Advisers LLC boosted its holdings in Amazon.com by 12.1% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 1,810 shares of the e-commerce giant’s stock valued at $451,000 after acquiring an additional 195 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in Amazon.com by 0.3% in the third quarter. Oregon Public Employees Retirement Fund now owns 1,206,785 shares of the e-commerce giant’s stock valued at $300,670,000 after acquiring an additional 3,134 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com News Summary

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

• Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue increased 39% year over year to approximately $46 billion, its fastest growth in nearly five years. Management said demand remains strong, with AWS capacity largely booked and growth potentially exceeding 40% in 2027 and 2028. Amazon AWS revenue grows 39%, leading to wider margin
• Positive Sentiment: Analysts remain bullish on Amazon’s long-term opportunity. Mizuho raised its price target to $335, while Bank of America maintained a Buy rating with a $317 target. Cantor Fitzgerald and Citizens JMP retained positive ratings despite lowering their targets to $280 and $275, respectively. Amazon Price Target Trimmed to $317
• Neutral Sentiment: Amazon is expanding its AI and infrastructure ecosystem. CEO Andy Jassy said the company plans to offer Trainium chips to outside customers by late 2027, add additional open-source AI models to Bedrock, and launch initial Leo satellite-internet service this year. These initiatives could create new revenue streams but require substantial investment. Amazon Has Bigger Plans for AI Chips
• Negative Sentiment: Amazon missed quarterly expectations. Third-quarter EPS was $1.89 versus consensus of $1.97, while revenue of $201.94 billion was slightly below estimates. Earnings also declined from $1.95 a year earlier, despite 12.1% revenue growth. Amazon projects fourth quarter sales below estimates
• Negative Sentiment: Cash flow and spending are the main investor concerns. Amazon reported negative free cash flow of roughly $42.4 billion over the past 12 months, while capital expenditures remain projected near $220 billion for 2026. Rising debt and expectations for even higher AI spending in 2027 are raising questions about profitability and returns on investment. Amazon Just Burned $42 Billion in Cash Chasing AI Growth
• Negative Sentiment: Holiday-quarter guidance disappointed. Amazon’s forecast for fourth-quarter revenue came in largely below Wall Street expectations, suggesting pressure from cautious consumer spending and weaker near-term retail growth. The combination of a modest outlook and heavy AI investment drove the selloff and pulled broader technology futures lower.

About Amazon.com

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.