FY2026 EPS Estimates for Amazon.com Cut by Erste Group Bank

Amazon.com, Inc. (NASDAQ:AMZN) – Analysts at Erste Group Bank lowered their FY2026 earnings estimates for Amazon.com in a research report issued to clients and investors on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now expects that the e-commerce giant will earn $7.74 per share for the year, down from their previous forecast of $7.75. The consensus estimate for Amazon.com’s current full-year earnings is $6.31 per share.

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 the consensus estimate of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. During the same quarter last year, the business earned $1.86 earnings per share. Amazon.com’s quarterly revenue was up 13.6% on a year-over-year basis.

A number of other brokerages have also recently weighed in on AMZN. Guggenheim restated a “buy” rating and issued a $300.00 price objective on shares of Amazon.com in a research note on Friday, February 6th. Morgan Stanley reissued an “overweight” rating and set a $300.00 target price (down from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. DZ Bank raised Amazon.com to a “strong-buy” rating in a research report on Friday, February 6th. Cantor Fitzgerald set a $250.00 price objective on Amazon.com and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Wall Street Zen lowered Amazon.com from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $286.66.

Amazon.com Stock Down 2.0%

Shares of Amazon.com stock opened at $207.52 on Friday. Amazon.com has a 12-month low of $161.38 and a 12-month high of $258.60. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $217.22 and a two-hundred day moving average price of $225.46. The stock has a market capitalization of $2.23 trillion, a P/E ratio of 28.94, a PEG ratio of 1.59 and a beta of 1.40.

Institutional Trading of Amazon.com

A number of large investors have recently bought and sold shares of the stock. American Capital Advisory LLC raised its holdings in shares of Amazon.com by 63.9% during the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock valued at $1,774,000 after acquiring an additional 3,152 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new stake in Amazon.com in the third quarter valued at $451,642,000. DJE Kapital AG increased its position in Amazon.com by 12.3% during the 2nd quarter. DJE Kapital AG now owns 1,037,443 shares of the e-commerce giant’s stock valued at $229,890,000 after purchasing an additional 113,345 shares during the period. Baltimore Washington Financial Advisors Inc. raised its holdings in Amazon.com by 1.9% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock worth $52,667,000 after purchasing an additional 4,558 shares in the last quarter. Finally, Bridgewater Advisors Inc. raised its holdings in Amazon.com by 3.4% in the 2nd quarter. Bridgewater Advisors Inc. now owns 69,188 shares of the e-commerce giant’s stock worth $15,983,000 after purchasing an additional 2,275 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the completion of the transaction, the chief executive officer owned 2,238,118 shares in the company, valued at $459,217,051.24. This trade represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. The trade was a 20.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 71,686 shares of company stock worth $14,688,739 in the last ninety days. Company insiders own 9.70% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Citi and JPMorgan raised price targets, citing surging AWS AI demand and stronger cloud momentum — a near‑term catalyst for upside as AWS captures GPU capacity and enterprise AI spending. As Demand for AWS’ AI Surges, Citi and JPMorgan Raise Amazon Price Targets
• Positive Sentiment: Analysts (including Tigress/Citigroup/JPMorgan) have been lifting price targets and reiterating buys — signaling Wall Street conviction that AMZN’s AI/cloud investments can drive multi‑year earnings upside. The OpenAI Effect: How Amazon Is Turning Cloud Demand Into A Power Play
• Positive Sentiment: Corporate moves show product and logistics expansion — acquisition of Fauna Robotics (consumer humanoids), tests of broader Prime shipping on third‑party sites, and an expanded FedEx returns partnership all point to new revenue/engagement levers beyond core retail. Amazon Targets Consumer Robotics Market With Fauna Acquisition
• Neutral Sentiment: Operational experiments (all‑day premium delivery windows, multi‑channel fulfillment pilot) could improve margins long term but raise short‑term costs and execution risk as Amazon tests pricing and network changes. Amazon starts to ‘monetize’ speed as it tests a radical new all-day, 10-window delivery service
• Negative Sentiment: Insider selling and some large institutional portfolio changes remain a headwind — public filings show extensive insider disposals and mixed hedge fund flows, which can pressure price during market pullbacks. Amazon Stock (AMZN) Opinions on Prime Shipping Pilot Program
• Negative Sentiment: Regulatory risk increased by new antitrust legislation proposals that could complicate merger approvals and add enforcement scrutiny for dominant platforms — a longer‑term valuation overhang for big tech. New Bill: Senator Amy Klobuchar introduces S. 4107: Antitrust Accountability and Transparency Act
• Negative Sentiment: Near‑term earnings/margin pressure persists — Amazon narrowly missed recent EPS consensus and some brokers have trimmed FY estimates, keeping focus on execution and cost management as the company scales AI and robotics investments (short‑term drag).

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.