Amazon.com (NASDAQ:AMZN) had its target price boosted by analysts at Telsey Advisory Group from $300.00 to $315.00 in a note issued to investors on Thursday, MarketBeat Ratings reports. The firm presently has an “outperform” rating on the e-commerce giant’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 17.37% from the stock’s current price.
Several other research firms have also commented on AMZN. Rothschild & Co Redburn set a $230.00 price target on shares of Amazon.com in a report on Wednesday, January 21st. DZ Bank raised shares of Amazon.com to a “strong-buy” rating in a research note on Friday, February 6th. President Capital reduced their target price on shares of Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Wedbush reduced their target price on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Finally, Benchmark reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $310.25.
Read Our Latest Research Report on AMZN
Amazon.com Trading Up 1.3%
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. During the same period in the previous year, the business posted $1.59 EPS. The company’s quarterly revenue was up 16.6% on a year-over-year basis. On average, equities analysts forecast that Amazon.com will post 7.7 earnings per share for the current year.
Insider Activity at Amazon.com
In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the sale, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. The trade was a 65.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jonathan Rubinstein sold 3,849 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $260.00, for a total transaction of $1,000,740.00. Following the sale, the director owned 78,654 shares in the company, valued at $20,450,040. This trade represents a 4.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 128,035 shares of company stock worth $28,827,479 in the last three months. Insiders own 8.90% of the company’s stock.
Institutional Trading of Amazon.com
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 180 Wealth Advisors LLC raised its position in shares of Amazon.com by 5.0% during the 1st quarter. 180 Wealth Advisors LLC now owns 100,630 shares of the e-commerce giant’s stock worth $20,958,000 after buying an additional 4,808 shares in the last quarter. Welch & Forbes LLC raised its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Welch & Forbes LLC now owns 567,966 shares of the e-commerce giant’s stock worth $118,290,000 after purchasing an additional 4,800 shares in the last quarter. Seneca House Advisors raised its holdings in shares of Amazon.com by 2.6% in the 1st quarter. Seneca House Advisors now owns 7,143 shares of the e-commerce giant’s stock worth $1,488,000 after purchasing an additional 179 shares in the last quarter. Seaside Wealth Management Inc. raised its holdings in shares of Amazon.com by 4.0% in the 1st quarter. Seaside Wealth Management Inc. now owns 2,235 shares of the e-commerce giant’s stock worth $465,000 after purchasing an additional 85 shares in the last quarter. Finally, Luminvest Wealth Management LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $227,000. 72.20% of the stock is currently owned by institutional investors.
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Q1 beat: Amazon reported a double‑beat on revenue and EPS, with AWS reaccelerating (large YoY cloud growth and record margins) — this is the core bullish driver for the rally. Amazon Q1 2026 earnings results beat EPS and revenue expectations
- Positive Sentiment: Pentagon AI deals: The U.S. DoD signed agreements that include Amazon Web Services to run AI tools on classified networks — a strategic endorsement for AWS as a secure enterprise AI supplier. Pentagon signs new military AI deals with Nvidia, Microsoft and Amazon
- Positive Sentiment: Analyst upgrades and target hikes: Dozens of firms raised price targets (Morgan Stanley, JPMorgan, Canaccord, Bank of America, etc.), with several new $300+ targets — supporting bullish sentiment and pushing buy ratings. Cluster of price‑target raises and buy ratings for AMZN
- Positive Sentiment: Trainium / in‑house chips: Amazon’s Trainium business shows meaningful revenue commitments and a path to become a standalone AI‑hardware revenue stream, which repositions AMZN as a “picks‑and‑shovels” AI supplier. How the Trainium chip business could move the needle for Amazon
- Neutral Sentiment: Partnerships and product rollout: AWS expanded Bedrock/OpenAI integrations and new agentic AI tools (Rufus, Quick, Connect apps), which add long‑term optionality but will require execution. AWS, OpenAI partner to integrate frontier models into Bedrock
- Negative Sentiment: CapEx and chip costs: Management flagged rising memory/chip prices and a large AI capex program that is eating into free cash flow; Goldman and others warned the hyperscaler spending binge increases near‑term cash burn risk. Jassy: soaring chip prices could pressure Amazon’s capex
- Negative Sentiment: Market reaction nuance: Despite the beat, some investors sold on the size/timing of AI investments and softer near‑term guidance, which previously produced intraday dips after earnings. Why AMZN dipped after strong Q1 — capex 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.
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