Amazon.com (NASDAQ:AMZN) had its target price increased by equities research analysts at Tigress Financial from $305.00 to $315.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the e-commerce giant’s stock. Tigress Financial’s target price would indicate a potential upside of 48.82% from the stock’s previous close.
A number of other analysts have also recently issued reports on the company. New Street Research lowered their target price on Amazon.com from $350.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Daiwa Securities Group reduced their price target on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Desjardins increased their price objective on shares of Amazon.com to $218.00 in a research report on Monday, December 8th. BMO Capital Markets restated an “outperform” rating and set a $310.00 price objective (up from $304.00) on shares of Amazon.com in a report on Tuesday, February 3rd. Finally, Stifel Nicolaus set a $300.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $286.66.
Read Our Latest Research Report on AMZN
Amazon.com Trading Up 2.1%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. During the same quarter in the prior year, the firm posted $1.86 earnings per share. The business’s revenue was up 13.6% on a year-over-year basis. On average, sell-side analysts expect that Amazon.com will post 6.31 earnings per share for the current fiscal year.
Insider Activity
In other Amazon.com news, SVP David Zapolsky sold 10,649 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the transaction, the chief executive officer directly owned 2,238,118 shares in the company, valued at $459,217,051.24. This trade represents a 0.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 71,686 shares of company stock valued at $14,688,739. Corporate insiders own 10.80% of the company’s stock.
Hedge Funds Weigh In On Amazon.com
Institutional investors have recently added to or reduced their stakes in the company. Fairway Wealth LLC boosted its holdings in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new position in Amazon.com in the 3rd quarter valued at $27,000. MilWealth Group LLC lifted its holdings in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com in the fourth quarter valued at about $45,000. Finally, Elkhorn Partners Limited Partnership grew its stake in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 180 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Major banks raised price targets, citing surging AI demand at AWS and stronger cloud forward guidance — Citi to $285 and JPMorgan to $280 — providing fresh analyst support for upside to Amazon’s valuation. As Demand for AWS’ AI Surges, Citi and JPMorgan Raise Amazon Price Targets
- Positive Sentiment: Amazon confirmed the acquisition of Fauna Robotics, signaling a push into consumer humanoid robots (productized AI/robotics addressable market) and reinforcing the company’s AI/automation growth narrative. Investors view this as a longer-term optionality catalyst beyond retail and cloud. Amazon acquires ‘approachable’ humanoid maker Fauna Robotics
- Positive Sentiment: Large investors are showing conviction — Pershing Square/Ackman materially increased its AMZN position in Q4, which is being cited in coverage as a vote of confidence from an active value investor. This institutional buying supports momentum. Buffett Vs. Ackman: One Dumped Amazon Stock, The Other Bought More — Here’s Who Came Out Ahead
- Neutral Sentiment: Amazon is trialing an all-day, multi-window premium delivery model to “monetize” speed — potential for higher checkout revenue but also higher logistics cost; the net profit impact is uncertain near-term. Amazon starts to ‘monetize’ speed as it tests a radical new all-day, 10-window delivery service
- Neutral Sentiment: Zoox (Amazon’s robotaxi unit) is expanding to new U.S. cities, which supports the long-term autonomous mobility story but is not an immediate earnings driver. Zoox to widen US robotaxi footprint with San Francisco, Vegas expansion
- Negative Sentiment: AWS regional disruptions in Bahrain tied to drone activity raise cloud resiliency concerns for customers in higher-risk geographies and highlight operational risk that could prompt migrations or contractual pressures. That risk tempers the bullish AWS AI narrative. Amazon says AWS’s Bahrain region ‘disrupted’ following drone activity
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.
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