Amazon.com (NASDAQ:AMZN) Stock Price Target Lowered at Cantor Fitzgerald

Amazon.com (NASDAQ:AMZN) had its price objective lowered by equities research analysts at Cantor Fitzgerald from $310.00 to $280.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the e-commerce giant’s stock. Cantor Fitzgerald‘s price target points to a potential upside of 14.85% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Wells Fargo & Company set a $329.00 price objective on Amazon.com and gave the company an “overweight” rating in a research note on Monday, October 12th. Royal Bank Of Canada increased their target price on Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Barclays reissued an “overweight” rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. HSBC restated a “buy” rating and issued a $310.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $325.16.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $243.79 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock has a market capitalization of $2.63 trillion, a P/E ratio of 19.61, a PEG ratio of 1.98 and a beta of 1.45. The company has a 50 day moving average price of $254.67 and a 200 day moving average price of $243.12. Amazon.com has a fifty-two week low of $196.00 and a fifty-two week high of $287.20.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.08). The company had revenue of $201.94 billion during the quarter, compared to analyst estimates of $202.22 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the business posted $1.95 EPS. Equities research analysts forecast that Amazon.com will post 8.00 EPS for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $10,699,926.30. The trade was a 18.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 6,362 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the transaction, the chief executive officer directly owned 476,681 shares of the company’s stock, valued at approximately $123,465,145.81. This represents a 1.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,589 shares of company stock valued at $18,580,515 over the last ninety days. Company insiders own 8.90% of the company’s stock.

Institutional Trading of Amazon.com

Institutional investors have recently modified their holdings of the stock. State Street Corp raised its stake in shares of Amazon.com by 5.5% during the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant’s stock worth $95,504,904,000 after purchasing an additional 21,398,025 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Amazon.com during the second quarter worth $22,218,775,000. Bank of New York Mellon Corp purchased a new position in Amazon.com in the 2nd quarter valued at $16,341,405,000. Amundi grew its position in Amazon.com by 3.9% in the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock valued at $15,211,393,000 after buying an additional 2,421,739 shares during the last quarter. Finally, Legal & General Group Plc purchased a new position in Amazon.com in the 2nd quarter valued at $12,831,376,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue increased 39% to approximately $46 billion, its fastest growth in nearly five years, and management said growth could exceed 40% in 2027 and 2028. AWS remains Amazon’s primary earnings driver, accounting for a large share of operating profit. Amazon AWS revenue grows 39%, leading to wider margin
• Positive Sentiment: Analysts remain constructive on Amazon’s long-term AI and cloud opportunity. Bank of America reiterated a Buy rating and set a $317 price target, citing strong AWS momentum. CEO Andy Jassy also forecast that AWS and Amazon’s stores business could each eventually reach $1 trillion in annual revenue, while the company plans to launch initial Leo satellite-internet service this year. Amazon Price Target Trimmed to $317
• Neutral Sentiment: Amazon is expanding its AI infrastructure and automation capabilities. Jassy said Amazon has more than one million warehouse robots and expects automation to handle more repetitive work. The company also plans to sell its internally developed Trainium AI chips to customers outside AWS by late 2027, potentially creating a new revenue stream but requiring continued investment.
• Negative Sentiment: Amazon missed quarterly expectations. Third-quarter EPS was $1.89 versus consensus estimates near $1.97-$2.01, while revenue of $201.9 billion also fell modestly short of forecasts. Earnings declined from $1.95 a year earlier despite 12.1% revenue growth. Amazon projects fourth quarter sales below estimates
• Negative Sentiment: Capital spending is overwhelming near-term cash generation. Amazon reported negative free cash flow of roughly $42.4 billion over the past 12 months after spending $77.3 billion on property and equipment in the quarter. Its roughly $220 billion 2026 capital-expenditure outlook, alongside expectations for higher AI spending in 2027, has raised concerns about debt, profitability and the timing of investment returns. A cautious fourth-quarter revenue outlook added pressure ahead of the holiday season.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.