Amazon.com (AMZN) – Investment Analysts’ Recent Ratings Changes

Amazon.com (NASDAQ: AMZN) has recently received a number of price target changes and ratings updates:

• 1/14/2025 – Amazon.com had its price target raised by analysts at Wells Fargo & Company from $197.00 to $212.00. They now have an “equal weight” rating on the stock.
• 1/13/2025 – Amazon.com had its price target raised by analysts at Morgan Stanley from $230.00 to $280.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Amazon.com had its price target raised by analysts at HSBC Holdings plc from $225.00 to $270.00. They now have a “buy” rating on the stock.
• 1/10/2025 – Amazon.com had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $285.00 price target on the stock.
• 1/6/2025 – Amazon.com had its price target raised by analysts at Wedbush from $250.00 to $260.00. They now have an “outperform” rating on the stock.
• 1/3/2025 – Amazon.com had its price target raised by analysts at Wolfe Research from $250.00 to $270.00. They now have an “outperform” rating on the stock.
• 12/20/2024 – Amazon.com had its price target raised by analysts at Tigress Financial from $245.00 to $290.00. They now have a “buy” rating on the stock.
• 12/18/2024 – Amazon.com had its price target raised by analysts at JPMorgan Chase & Co. from $250.00 to $280.00. They now have an “overweight” rating on the stock.
• 12/18/2024 – Amazon.com had its price target raised by analysts at Sanford C. Bernstein from $235.00 to $265.00. They now have an “outperform” rating on the stock.
• 12/16/2024 – Amazon.com had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $285.00 price target on the stock.
• 12/16/2024 – Amazon.com had its price target raised by analysts at UBS Group AG from $230.00 to $264.00. They now have a “buy” rating on the stock.
• 12/16/2024 – Amazon.com had its price target raised by analysts at Jefferies Financial Group Inc. from $235.00 to $275.00. They now have a “buy” rating on the stock.
• 12/13/2024 – Amazon.com had its price target raised by analysts at Robert W. Baird from $220.00 to $260.00. They now have an “outperform” rating on the stock.
• 12/12/2024 – Amazon.com had its price target raised by analysts at TD Cowen from $240.00 to $265.00. They now have a “buy” rating on the stock.
• 12/10/2024 – Amazon.com had its price target raised by analysts at Mizuho from $240.00 to $260.00. They now have an “outperform” rating on the stock.
• 12/10/2024 – Amazon.com had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $250.00 price target on the stock.
• 12/9/2024 – Amazon.com had its price target raised by analysts at Roth Mkm from $220.00 to $250.00. They now have a “buy” rating on the stock.
• 12/4/2024 – Amazon.com had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $250.00 price target on the stock.
• 12/3/2024 – Amazon.com had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $236.00 price target on the stock.
• 11/26/2024 – Amazon.com had its price target raised by analysts at Moffett Nathanson from $235.00 to $248.00. They now have a “buy” rating on the stock.
• 11/26/2024 – Amazon.com had its price target raised by analysts at Redburn Atlantic from $225.00 to $235.00. They now have a “buy” rating on the stock.

Amazon.com Stock Up 2.4 %

Amazon.com stock opened at $225.94 on Tuesday. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $233.00. The stock has a fifty day moving average of $217.91 and a 200 day moving average of $196.27. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock has a market cap of $2.38 trillion, a PE ratio of 48.38, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion during the quarter, compared to analysts’ expectations of $157.28 billion. During the same quarter in the prior year, the business posted $0.85 earnings per share. The business’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 5.38 EPS for the current year.

Insider Activity at Amazon.com

In related news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares in the company, valued at $20,273,459.55. The trade was a 4.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 15,260 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the sale, the chief executive officer now owns 349,261 shares in the company, valued at approximately $69,918,559.59. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock valued at $1,253,456,822 over the last 90 days. 10.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors have recently added to or reduced their stakes in AMZN. Rench Wealth Management Inc. lifted its holdings in shares of Amazon.com by 7.9% in the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant’s stock valued at $9,392,000 after buying an additional 3,703 shares during the period. Foundations Investment Advisors LLC increased its holdings in shares of Amazon.com by 9.7% during the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock worth $34,395,000 after buying an additional 16,392 shares during the last quarter. Blankinship & Foster LLC grew its holdings in shares of Amazon.com by 216.4% during the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant’s stock worth $1,291,000 after purchasing an additional 4,740 shares during the period. Umpqua Bank boosted its position in shares of Amazon.com by 0.4% during the 3rd quarter. Umpqua Bank now owns 35,120 shares of the e-commerce giant’s stock worth $6,544,000 after purchasing an additional 137 shares during the period. Finally, Washington Trust Advisors Inc. increased its holdings in Amazon.com by 0.4% in the 3rd quarter. Washington Trust Advisors Inc. now owns 225,254 shares of the e-commerce giant’s stock valued at $41,972,000 after purchasing an additional 982 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

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.