Amazon.com (NASDAQ:AMZN) Stock Price Expected to Rise, Rosenblatt Securities Analyst Says

Amazon.com (NASDAQ:AMZN) had its target price upped by equities researchers at Rosenblatt Securities from $335.00 to $360.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the e-commerce giant’s stock. Rosenblatt Securities’ price objective suggests a potential upside of 45.94% from the company’s previous close.

A number of other analysts have also recently weighed in on AMZN. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, June 18th. The Goldman Sachs Group restated a “buy” rating and set a $375.00 target price (up from $335.00) on shares of Amazon.com in a research report on Friday, July 31st. KeyCorp raised their target price on Amazon.com from $335.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Benchmark increased their price target on Amazon.com from $370.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Wedbush raised their price objective on shares of Amazon.com from $293.00 to $310.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $321.63.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $246.67 on Wednesday. Amazon.com has a 12-month low of $196.00 and a 12-month high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.66 trillion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 1.91 and a beta of 1.44. The firm has a 50-day moving average price of $256.29 and a 200 day moving average price of $247.66.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 earnings per share. Research analysts anticipate that Amazon.com will post 8.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at $579,085,751.66. This represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the sale, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. This trade represents a 18.35% 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 sold a total of 70,589 shares of company stock valued at $18,329,015 in the last quarter. Company insiders own 8.90% of the company’s stock.

Hedge Funds Weigh In On Amazon.com

A number of hedge funds have recently added to or reduced their stakes in the stock. Silvant Capital Management LLC bought a new position in shares of Amazon.com during the 2nd quarter worth $60,065,000. Public Employees Retirement System of Ohio bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $909,868,000. Northstar Financial Companies Inc. purchased a new stake in Amazon.com in the second quarter worth $3,376,000. Gryphon Financial Partners LLC lifted its stake in shares of Amazon.com by 7.5% in the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock valued at $15,221,000 after purchasing an additional 5,125 shares during the period. Finally, First Citizens Bank & Trust Co. increased its position in Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock valued at $63,285,000 after buying an additional 5,104 shares in the last quarter. Institutional investors and hedge funds 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: AWS gains new enterprise demand. Australia’s CSL is working with Amazon Web Services to apply cloud computing and AI across research and clinical development. The agreement supports AWS’s growth narrative and demonstrates use of Amazon’s infrastructure outside traditional technology customers. Australia’s CSL taps Amazon’s cloud unit to boost research pipeline
• Positive Sentiment: Amazon Leo wins an airline connectivity customer. Delta selected Amazon’s satellite internet service instead of Starlink, providing commercial validation for Amazon’s developing low-Earth-orbit network and potentially improving the long-term economics of the satellite business. Elon Musk Mocks Delta’s Wi-Fi After Delta CEO’s Snub
• Positive Sentiment: Consumer and healthcare opportunities remain supportive. Amazon could benefit from record holiday e-commerce spending and rising demand for flat-fee prescription services as consumers seek lower healthcare costs. These trends support retail volume and potential expansion of Amazon Pharmacy and Prime. Amazon, GoodRx target US prescription subscribers
• Neutral Sentiment: Anthropic is both an AWS opportunity and a risk. Leaked IPO materials reportedly show surging revenue but very large losses and infrastructure commitments. Anthropic’s reliance on Amazon supports AWS demand, but its cash burn and dependence on outside funding highlight risks associated with Amazon’s AI investments. Anthropic IPO explained
• Negative Sentiment: Bedrock faces greater pricing competition. Expanded access to GPT-6, Claude and new inference tools gives AWS customers more choice, but competing model providers could pressure pricing and revenue per inference. That concern has contributed to weakness in the stock as investors assess whether lower AI prices will be offset by higher usage. Amazon Stock Slips as Bedrock Expands Model Choice
• Negative Sentiment: Regulatory scrutiny is increasing. Senate Democrats are asking Amazon to disclose AI and data-center tax deductions, lobbying activity and effects on federal tax payments. Potential changes to tax incentives could raise the cost of Amazon’s substantial AI infrastructure investments. Amazon Draws Senate Questions Over AI Data Center Tax Deductions
• Negative Sentiment: Delivery operations face reputational and regulatory pressure. New York officials are examining Amazon delivery vans amid concerns about street safety, creating a potential compliance and operating-cost issue for Amazon’s logistics network. Amazon vans may be New York City’s latest target

About Amazon.com

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.