Amazon.com (NASDAQ:AMZN) Price Target Cut to $300.00 by Analysts at Wedbush

Amazon.com (NASDAQ:AMZN) had its price objective cut by Wedbush from $340.00 to $300.00 in a report issued on Friday morning, MarketBeat.com reports. They currently have an outperform rating on the e-commerce giant’s stock.

Several other brokerages have also commented on AMZN. Desjardins boosted their target price on shares of Amazon.com to $218.00 in a research report on Monday, December 8th. Royal Bank Of Canada reissued a “buy” rating on shares of Amazon.com in a report on Monday, January 26th. Wells Fargo & Company restated an “overweight” rating and set a $301.00 target price (up from $295.00) on shares of Amazon.com in a research report on Monday, January 12th. Oppenheimer upped their price target on Amazon.com from $305.00 to $315.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Finally, William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Monday, November 3rd. Fifty-five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $290.28.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $210.27 on Friday. Amazon.com has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a 50-day moving average price of $233.50 and a 200 day moving average price of $229.78. The company has a market cap of $2.25 trillion, a P/E ratio of 29.33, a PEG ratio of 1.39 and a beta of 1.37. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 0.14.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a return on equity of 23.09% and a net margin of 10.83%.The business had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. During the same period last year, the company posted $1.86 earnings per share. The business’s quarterly revenue was up 13.6% on a year-over-year basis. Research analysts predict that Amazon.com will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 17,768 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the completion of the transaction, the chief executive officer directly owned 6,273 shares of the company’s stock, valued at $1,360,613.70. The trade was a 73.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $232.71, for a total value of $1,113,284.64. Following the sale, the chief executive officer directly owned 498,182 shares in the company, valued at approximately $115,931,933.22. The trade was a 0.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 47,061 shares of company stock valued at $10,351,262 in the last ninety days. 9.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Amazon.com

A number of hedge funds and other institutional investors have recently modified their holdings of AMZN. Wilson Asset Management International PTY Ltd. acquired a new position in Amazon.com during the second quarter valued at approximately $11,102,000. American Capital Advisory LLC increased its position in shares of Amazon.com by 63.9% in the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock worth $1,774,000 after acquiring an additional 3,152 shares in the last quarter. ARK Investment Management LLC raised its stake in shares of Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after acquiring an additional 86,978 shares during the period. Buckhead Capital Management LLC lifted its holdings in shares of Amazon.com by 16.1% during the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock valued at $6,232,000 after acquiring an additional 3,948 shares in the last quarter. Finally, Alpha Wealth Funds LLC lifted its holdings in shares of Amazon.com by 172.8% during the 2nd quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after acquiring an additional 1,908 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

More Amazon.com News

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

• Positive Sentiment: AWS and sales beat/strength — Amazon reported solid Q4 revenue and faster AWS growth, reinforcing the cloud growth thesis. AWS Q4 beat (CNBC)
• Positive Sentiment: Anthropic stake re‑valuation — Amazon’s earlier $8B investment in Anthropic is now being valued much higher (~$60.6B), underlining upside in AI partnerships and non‑core assets. Anthropic valuation (Business Insider)
• Positive Sentiment: Near‑term tax relief improves cash flow — Recent U.S. tax changes materially reduced Amazon’s federal tax cash outlays in 2025, which helps fund heavier capex without a proportional hit to free cash flow. Tax law reduces Amazon tax bill (WSJ)
• Neutral Sentiment: Management stance — CEO Andy Jassy said he’s “confident” the $200B program will deliver attractive returns over time; that defends the strategy but leaves timing/ROIC execution risk. CEO confidence (CNBC)
• Neutral Sentiment: New ad/AI product moves — Amazon is opening ad platform capabilities to AI agents (Ads MCP server beta), which could expand ad monetization but will take time to scale. Ads MCP beta (Newsfile)
• Negative Sentiment: CapEx shock and small EPS miss spooked traders — Amazon guided to roughly $200B in 2026 capex (well above expectations) and reported a slight EPS miss; that combination triggered heavy selling and a sharp gap lower in after‑hours/premarket trading. $200B capex guide (Reuters)
• Negative Sentiment: Regulatory and analyst pushback — Germany’s cartel office banned certain marketplace pricing controls and ordered repayments, adding regulatory risk; several firms also trimmed near‑term targets or flagged margin/cash‑flow risk tied to heavy capex. Germany antitrust (Reuters)

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.