Amazon.com’s (AMZN) Outperform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Amazon.com (NASDAQ:AMZN) in a research report sent to investors on Friday,Benzinga reports. Telsey Advisory Group currently has a $335.00 target price on the e-commerce giant’s stock.

AMZN has been the topic of a number of other reports. Guggenheim reissued a “buy” rating and issued a $320.00 price target on shares of Amazon.com in a report on Friday. KeyCorp set a $345.00 price objective on shares of Amazon.com and gave the company an “overweight” rating in a report on Friday. Roth Capital reiterated a “buy” rating and issued a $325.00 target price on shares of Amazon.com in a research note on Monday, August 3rd. Citigroup restated a “market outperform” rating on shares of Amazon.com in a research note on Friday. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $330.00 price target on shares of Amazon.com in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $320.86.

Amazon.com Stock Performance

Shares of AMZN stock opened at $240.35 on Friday. The stock’s 50-day moving average price is $254.28 and its 200 day moving average price is $243.09. Amazon.com has a 52-week low of $196.00 and a 52-week high of $287.20. The stock has a market capitalization of $2.59 trillion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.86 and a beta of 1.49. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.28.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.08). Amazon.com had a net margin of 16.90% and a return on equity of 15.72%. The business had revenue of $201.94 billion for the quarter, compared to the consensus estimate of $202.22 billion. During the same period last year, the firm posted $1.95 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. As a group, equities research analysts forecast that Amazon.com will post 8.00 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 1,000 shares of Amazon.com stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $251.50, for a total value of $251,500.00. Following the completion of the sale, the chief executive officer owned 474,681 shares of the company’s stock, valued at approximately $119,382,271.50. This trade represents a 0.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the transaction, the chief executive officer owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 70,589 shares of company stock valued at $18,302,125 in the last three months. Insiders own 8.90% of the company’s stock.

Institutional Investors Weigh In On Amazon.com

Hedge funds have recently modified their holdings of the company. Pathway Financial Advisers LLC lifted its position in shares of Amazon.com by 14.4% during the 3rd quarter. Pathway Financial Advisers LLC now owns 16,123 shares of the e-commerce giant’s stock valued at $4,017,000 after acquiring an additional 2,025 shares during the last quarter. Bfsg LLC boosted its position in Amazon.com by 0.7% during the third quarter. Bfsg LLC now owns 49,686 shares of the e-commerce giant’s stock worth $12,379,000 after purchasing an additional 325 shares during the period. Cowa LLC lifted its holdings in shares of Amazon.com by 5.8% in the third quarter. Cowa LLC now owns 1,814 shares of the e-commerce giant’s stock worth $452,000 after acquiring an additional 100 shares during the last quarter. Jacksonville Wealth Management LLC lifted its stake in shares of Amazon.com by 1.0% in the 3rd quarter. Jacksonville Wealth Management LLC now owns 12,521 shares of the e-commerce giant’s stock valued at $3,120,000 after purchasing an additional 122 shares during the period. Finally, Boston Trust Walden Corp boosted its position in shares of Amazon.com by 18.7% during the third quarter. Boston Trust Walden Corp now owns 280,747 shares of the e-commerce giant’s stock valued at $69,948,000 after buying an additional 44,179 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS growth accelerated significantly. Amazon Web Services revenue rose 39% to approximately $46 billion, its fastest growth in nearly five years. Management said AWS could grow more than 40% annually in 2027 and 2028, supported by AI demand, a large backlog and rising cloud workloads. Analysts including JPMorgan, Canaccord, Monness and RBC maintained bullish ratings or targets, viewing AWS as a potential long-term, trillion-dollar business. AWS growth hits 39 percent
• Positive Sentiment: Amazon continues expanding its AI and adjacent businesses. The company plans to sell its Trainium AI chips externally by late 2027, while Amazon Pharmacy users increased more than 60% year over year and Prime Video reportedly reached profitability. Management also highlighted longer-term opportunities in retail automation, satellite internet and AI infrastructure. Amazon Trainium AI chips
• Neutral Sentiment: Analyst sentiment remains broadly constructive, but targets were trimmed. Several firms reaffirmed Buy or Outperform ratings, with targets generally well above the current trading level. However, Wells Fargo, Morgan Stanley, Wedbush, Scotiabank, Cantor Fitzgerald and others lowered targets, signaling reduced near-term confidence after the earnings release. Amazon price target changes
• Negative Sentiment: Amazon missed both major Q3 estimates. Earnings per share came in at $1.89 versus roughly $1.97–$2.01 expected, while revenue was $201.94 billion compared with about $202.2 billion anticipated. Fourth-quarter revenue guidance was also viewed as soft, raising concerns about holiday-season retail demand. Amazon fourth-quarter guidance
• Negative Sentiment: AI investment is pressuring cash flow and leverage. Amazon spent about $77 billion on property and equipment in Q3 and continues targeting approximately $220 billion in 2026 capital expenditures. Trailing free cash flow fell to a $42.4 billion deficit, while long-term debt increased substantially. Investors are questioning when the spending will generate adequate returns, overshadowing AWS’s strong growth. Amazon AI spending concerns
• Negative Sentiment: Broader technology-sector weakness amplified the selling. Amazon’s report contributed to a wider Nasdaq decline as investors reconsidered whether massive AI infrastructure spending across Big Tech can produce timely profits. Concerns about AI-related debt, cash burn and valuation affected sentiment beyond Amazon itself. Nasdaq and AI spending concerns

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.