Amazon.com (NASDAQ:AMZN) Given New $280.00 Price Target at Daiwa Securities Group

Amazon.com (NASDAQ:AMZN) had its price target reduced by Daiwa Securities Group from $300.00 to $280.00 in a report released on Wednesday morning,MarketScreener reports. Daiwa Securities Group currently has a buy rating on the e-commerce giant’s stock.

Several other analysts have also recently weighed in on AMZN. Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a research note on Monday, December 29th. Raymond James Financial dropped their price target on shares of Amazon.com from $260.00 to $225.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research report on Monday, February 2nd. Barclays restated a “buy” rating on shares of Amazon.com in a research note on Friday, February 6th. Finally, Canaccord Genuity Group set a $300.00 target price on Amazon.com and gave the company a “buy” rating in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $288.60.

Get Our Latest Analysis on AMZN

Amazon.com Stock Performance

Amazon.com stock traded down $2.27 during midday trading on Wednesday, reaching $201.81. 14,256,230 shares of the company’s stock were exchanged, compared to its average volume of 51,688,027. Amazon.com has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The firm has a market cap of $2.17 trillion, a price-to-earnings ratio of 28.14, a P/E/G ratio of 1.33 and a beta of 1.37. The stock’s 50-day simple moving average is $231.89 and its 200 day simple moving average is $229.29.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted 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 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. During the same quarter in the prior year, the business posted $1.86 EPS. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. On average, analysts expect that Amazon.com will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the completion of the sale, the director directly owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the transaction, the chief executive officer directly owned 2,208,310 shares in the company, valued at $479,070,771.40. The trade was a 0.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 47,061 shares of company stock worth $10,351,262. Company insiders own 9.70% of the company’s stock.

Institutional Trading of Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilson Asset Management International PTY Ltd. bought a new position in shares of Amazon.com in the 2nd quarter valued at approximately $11,102,000. American Capital Advisory LLC grew its holdings in 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 purchasing an additional 3,152 shares during the last quarter. ARK Investment Management LLC raised its position in shares of Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after purchasing an additional 86,978 shares during the period. Buckhead Capital Management LLC boosted 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 worth $6,232,000 after buying an additional 3,948 shares during the period. Finally, Alpha Wealth Funds LLC boosted 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 worth $667,000 after buying an additional 1,908 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com News Summary

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

  • Positive Sentiment: Amazon is expanding Amazon Pharmacy same‑day prescription delivery to nearly 4,500 U.S. cities by year‑end — a clear revenue / market‑share growth initiative for a higher‑margin business. Amazon Pharmacy Expansion
  • Positive Sentiment: AWS partner momentum: Adastra joined the AWS Partner Greenfield Program to accelerate migrations and Gen‑AI adoption — incremental AWS adoption supports cloud revenue and stickiness. Adastra Joins AWS PGP
  • Positive Sentiment: Strategic stake in Beta Technologies (≈5%) signals Amazon is investing in logistics/long‑term supply‑chain optionality (electric aircraft / middle‑mile), a potential operational edge down the line. Amazon Stakes Beta Technologies
  • Neutral Sentiment: Analyst price‑target moves are mixed but generally supportive — Arete nudged its target up slightly while others adjusted targets; analyst coverage remains largely constructive. Arete Price Target Update
  • Neutral Sentiment: Technical/contrarian case: Amazon’s RSI has entered oversold territory — past RSI washouts preceded big rebounds, so some investors view current weakness as a buying opportunity (but this is timing‑sensitive).
  • Negative Sentiment: Big‑ticket AI capex (management flagged a roughly $200B program) spooked markets — that disclosure triggered a large multi‑day selloff as investors worry about near‑term cash flow and returns on the investment. Capex / Selloff Coverage
  • Negative Sentiment: Regulatory/tax risk: Italian tax police searched Amazon’s Milan offices in a new tax‑evasion probe — this adds headline risk and potential legal/financial uncertainty. Italian Tax Probe
  • Negative Sentiment: At least one analyst cut coverage/tones (DA Davidson flagged concerns), reflecting rising Wall Street unease over spending pace and competitive positioning. Analyst Downgrade Coverage

About Amazon.com

(Get Free Report)

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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