Amazon.com (NASDAQ:AMZN) Given New $260.00 Price Target at Cantor Fitzgerald

Amazon.com (NASDAQ:AMZN) had its price objective increased by equities research analysts at Cantor Fitzgerald from $250.00 to $260.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the e-commerce giant’s stock. Cantor Fitzgerald’s target price would suggest a potential upside of 21.63% from the company’s previous close.

Several other equities analysts have also issued reports on AMZN. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research report on Monday, March 23rd. Wells Fargo & Company boosted their price objective on Amazon.com from $304.00 to $305.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Citizens Jmp raised their target price on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Citigroup lifted their target price on shares of Amazon.com from $265.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $310.00 price target (up from $304.00) on shares of Amazon.com in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.39.

Amazon.com Stock Up 0.5%

Shares of NASDAQ AMZN opened at $213.77 on Wednesday. The stock has a market capitalization of $2.29 trillion, a P/E ratio of 29.81, a PEG ratio of 1.57 and a beta of 1.38. Amazon.com has a one year low of $165.29 and a one year high of $258.60. The firm’s 50 day simple moving average is $212.57 and its two-hundred day simple moving average is $224.00. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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). 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 during the quarter, compared to the consensus estimate of $211.02 billion. During the same quarter in the previous year, the firm posted $1.86 earnings per share. The company’s revenue was up 13.6% compared to the same quarter last year. As a group, analysts expect that Amazon.com will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.18, for a total value of $4,077,336.96. Following the completion of the transaction, the chief executive officer directly owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. This represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew S. Garman sold 17,751 shares of Amazon.com stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the sale, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. This represents a 65.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 72,686 shares of company stock worth $14,899,239. Company insiders own 9.70% of the company’s stock.

Institutional Trading of Amazon.com

Several hedge funds and other institutional investors have recently made changes to their positions in AMZN. Norges Bank bought a new position in Amazon.com during the 4th quarter valued at about $32,868,735,000. Auto Owners Insurance Co raised its holdings in shares of Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after purchasing an additional 98,090,585 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in Amazon.com by 20,598.0% in the fourth quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock worth $20,308,193,000 after purchasing an additional 87,557,736 shares during the last quarter. Nuveen LLC purchased a new stake in Amazon.com in the first quarter worth approximately $11,674,091,000. Finally, Cardano Risk Management B.V. grew its position in Amazon.com by 879.4% in the 4th quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant’s stock worth $6,431,199,000 after purchasing an additional 25,017,588 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: Amazon sealed a new agreement with the U.S. Postal Service that keeps ~80% of current package volume, reducing execution risk and easing near-term delivery-cost disruption concerns. Amazon and USPS Deal
• Positive Sentiment: Uber is expanding use of AWS Graviton/Trainium chips for ride-matching and AI workloads — a visible customer win that supports demand for AWS compute and Amazon-designed silicon. Uber Expands AWS Bet
• Positive Sentiment: Analysts argue concerns about Amazon’s heavy AI capex are overblown and point to backlog growth, revenue-per-employee and cloud demand as metrics that could unlock upside — supporting a constructive long-term view on AWS investment. AI Capex Analyst Take
• Positive Sentiment: MoffettNathanson raised its price target on AMZN to $288 and kept a buy rating, reinforcing bullish sell‑side sentiment that can support multiple expansion narratives. Price Target Raise
• Positive Sentiment: Retail merchandising tie‑ups continue: Martha Stewart launched an exclusive kitchen electrics collection in Amazon stores, a modest but visible win for product exclusives and marketplace merchandising. Martha Stewart Exclusive
• Neutral Sentiment: Speculation continues around a potential satellite deal (Globalstar) to accelerate Amazon’s LEO ambitions — strategically meaningful but still speculative and capital-intensive if pursued. Satellite Acquisition Chatter
• Negative Sentiment: AWS teams are scrambling to restore Middle East services after drone strikes damaged data centers in Bahrain and the UAE, highlighting regional security risk, potential revenue disruption for affected customers and possible incremental recovery costs. AWS Middle East Outages
• Negative Sentiment: Amazon faces legal risk as creators sue over alleged scraping of YouTube content to train AI tools; adverse outcomes or settlements could raise compliance costs and restrain some AI product features. Creator Lawsuit
• Negative Sentiment: Shareholder pressure over data center water use and environmental impacts is mounting; community resistance and cancellation of projects could slow AWS expansion in water‑stressed regions or increase mitigation costs. Data Center Water Concerns

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.