Amazon.com (NASDAQ:AMZN) Price Target Lowered to $285.00 at Evercore

Amazon.com (NASDAQ:AMZN) had its price target dropped by research analysts at Evercore from $335.00 to $285.00 in a report issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the e-commerce giant’s stock. Evercore’s price objective points to a potential upside of 37.07% from the stock’s current price.

Other research analysts have also issued reports about the stock. Truist Financial dropped their price objective on shares of Amazon.com from $290.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Daiwa Securities Group decreased their target price on Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Roth Mkm reaffirmed a “buy” rating and issued a $295.00 price target (up from $270.00) on shares of Amazon.com in a research note on Monday, January 26th. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a report on Monday, February 2nd. Finally, Bank of America dropped their price target on Amazon.com from $303.00 to $286.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $287.29.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $207.92 on Friday. The firm has a market cap of $2.23 trillion, a PE ratio of 29.00, a PEG ratio of 1.35 and a beta of 1.37. The stock has a 50 day moving average of $227.00 and a 200 day moving average of $227.79. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. Amazon.com has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.86 earnings per share. On average, research analysts expect that Amazon.com will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer owned 9,405 shares of the company’s stock, valued at $1,930,094.10. This trade represents a 65.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 73,186 shares of company stock worth $15,067,539 over the last ninety days. 9.70% of the stock is currently owned by insiders.

Institutional Trading of Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its stake in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG grew its stake in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE increased its position in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after acquiring an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com in the fourth quarter valued at $2,153,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com News Roundup

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

• Positive Sentiment: A potential up-to-$50 billion investment in OpenAI would materially deepen Amazon’s AI positioning and could drive long-term AWS demand. Amazon’s $50 Billion OpenAI investment may depend on IPO or AGI milestone
• Positive Sentiment: Prominent investors are increasing exposure to AMZN (e.g., Stanley Druckenmiller added shares), signaling conviction in Amazon’s AI/cloud-led upside. Billionaire Stanley Druckenmiller Piled Into Alphabet and Amazon
• Positive Sentiment: Analysts point to AWS capacity expansion (gigawatt-scale buildout) as a catalyst for higher long‑term revenue from AI compute demand. This supports the cloud-growth thesis despite near-term capex. Amazon’s AWS expansion could drive potential revenue upside, analysts say
• Neutral Sentiment: Amazon named Peter DeSantis as a central AI leader and is pushing a lower‑cost approach to AI (Trainium chips, Texas data‑center builds)—strategy could cut costs over time but requires execution. Amazon Tries Its Low-Cost Approach to Winning the AI Race
• Neutral Sentiment: Third‑party AI players (e.g., Anthropic) expanding rapidly can indirectly benefit AWS through higher spend on inference and hosting—an exposure angle investors are discussing. Want to Own Anthropic Stock But Can’t? Buy Its AI Data Center Provider (Amazon)
• Negative Sentiment: UK courts cleared large collective suits by sellers and consumers to proceed (potential damages up to ~£4B), raising litigation risk and near‑term headline pressure. Amazon refused permission to appeal go-ahead for UK lawsuits
• Negative Sentiment: Regulatory/antitrust attention in the U.S. (California AG seeking injunction on alleged price‑control practices) and broader antitrust scrutiny add execution and cost risk. Amazon’s OpenAI Bet, Antitrust Pressure And AI Turnover Weigh On Valuation
• Negative Sentiment: Recent insider selling (CEO and other executives disclosed stock sales) and investor headlines about heavy near‑term AI capex have amplified downside pressure as the market re-prices growth vs. spending risk. Insider Selling: Amazon CEO Sells $3,642,860.22 in Stock

Amazon.com Company Profile

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.