Amazon.com (NASDAQ:AMZN) had its price target increased by equities research analysts at Tigress Financial from $305.00 to $315.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the e-commerce giant’s stock. Tigress Financial’s price target points to a potential upside of 48.82% from the company’s previous close.
Other analysts also recently issued reports about the company. Maxim Group upped their target price on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Tuesday, March 17th. Daiwa Securities Group cut their price objective on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. New Street Research reduced their price objective on shares of Amazon.com from $350.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Guggenheim reissued a “buy” rating and issued a $300.00 target price on shares of Amazon.com in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $286.66.
Check Out Our Latest Stock Report on Amazon.com
Amazon.com Price Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly 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 period in the prior year, the company earned $1.86 EPS. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. On average, analysts forecast that Amazon.com will post 6.31 EPS for the current fiscal year.
Insider Transactions at Amazon.com
In other news, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $204.25, for a total value of $204,250.00. Following the completion of the transaction, the chief executive officer directly owned 521,361 shares in the company, valued at approximately $106,487,984.25. This represents a 0.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 71,686 shares of company stock valued at $14,688,739. Corporate insiders own 10.80% of the company’s stock.
Hedge Funds Weigh In On Amazon.com
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after buying an additional 17,447,045 shares during the last quarter. State Street Corp boosted its position in Amazon.com by 1.8% during the 4th quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock worth $89,708,913,000 after buying an additional 6,971,680 shares during the period. Geode Capital Management LLC grew its holdings in Amazon.com by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock worth $51,753,622,000 after acquiring an additional 2,479,324 shares during the last quarter. Norges Bank bought a new stake in Amazon.com during the 4th quarter worth approximately $32,868,735,000. Finally, Auto Owners Insurance Co increased its position in Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after acquiring an additional 98,090,585 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: Major banks raised price targets, citing surging AI demand at AWS and stronger cloud forward guidance — Citi to $285 and JPMorgan to $280 — providing fresh analyst support for upside to Amazon’s valuation. As Demand for AWS’ AI Surges, Citi and JPMorgan Raise Amazon Price Targets
- Positive Sentiment: Amazon confirmed the acquisition of Fauna Robotics, signaling a push into consumer humanoid robots (productized AI/robotics addressable market) and reinforcing the company’s AI/automation growth narrative. Investors view this as a longer-term optionality catalyst beyond retail and cloud. Amazon acquires ‘approachable’ humanoid maker Fauna Robotics
- Positive Sentiment: Large investors are showing conviction — Pershing Square/Ackman materially increased its AMZN position in Q4, which is being cited in coverage as a vote of confidence from an active value investor. This institutional buying supports momentum. Buffett Vs. Ackman: One Dumped Amazon Stock, The Other Bought More — Here’s Who Came Out Ahead
- Neutral Sentiment: Amazon is trialing an all-day, multi-window premium delivery model to “monetize” speed — potential for higher checkout revenue but also higher logistics cost; the net profit impact is uncertain near-term. Amazon starts to ‘monetize’ speed as it tests a radical new all-day, 10-window delivery service
- Neutral Sentiment: Zoox (Amazon’s robotaxi unit) is expanding to new U.S. cities, which supports the long-term autonomous mobility story but is not an immediate earnings driver. Zoox to widen US robotaxi footprint with San Francisco, Vegas expansion
- Negative Sentiment: AWS regional disruptions in Bahrain tied to drone activity raise cloud resiliency concerns for customers in higher-risk geographies and highlight operational risk that could prompt migrations or contractual pressures. That risk tempers the bullish AWS AI narrative. Amazon says AWS’s Bahrain region ‘disrupted’ following drone activity
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.
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