Amazon.com (NASDAQ:AMZN) had its price target lifted by investment analysts at BNP Paribas Exane from $264.00 to $289.00 in a research note issued on Monday,MarketScreener reports. The brokerage presently has an “outperform” rating on the e-commerce giant’s stock. BNP Paribas Exane’s price target suggests a potential upside of 18.34% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the stock. Cowen reissued a “buy” rating on shares of Amazon.com in a report on Friday. JPMorgan Chase & Co. increased their price target on Amazon.com from $265.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their target price on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. UBS Group set a $310.00 price target on shares of Amazon.com in a report on Friday. Finally, JMP Securities set a $300.00 price objective on shares of Amazon.com in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus target price of $290.76.
Check Out Our Latest Report on Amazon.com
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Equities analysts anticipate that Amazon.com will post 6.31 earnings per share for the current fiscal year.
Insider Activity
In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.62, for a total value of $1,514,772.70. Following the sale, the chief executive officer directly owned 520,507 shares in the company, valued at approximately $115,354,761.34. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 95,411 shares of company stock valued at $21,222,702 over the last quarter. Insiders own 9.70% of the company’s stock.
Institutional Investors Weigh In On Amazon.com
Institutional investors and hedge funds have recently modified their holdings of the stock. Fairway Wealth LLC boosted its holdings in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new stake in shares of Amazon.com during the third quarter valued at approximately $27,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com in the 1st quarter worth approximately $36,000. Finally, Inlight Wealth Management LLC purchased a new position in Amazon.com during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
About Amazon.com
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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