Amazon.com (NASDAQ:AMZN) Stock Price Target Raised at Rosenblatt Securities

Amazon.com (NASDAQ:AMZN) had its target price boosted by equities research analysts at Rosenblatt Securities from $335.00 to $360.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the e-commerce giant’s stock. Rosenblatt Securities’ price objective would indicate a potential upside of 45.94% from the company’s previous close.

A number of other equities analysts have also issued reports on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $335.00 target price (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Piper Sandler reiterated an “overweight” rating and set a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Monness Crespi & Hardt lifted their price target on Amazon.com from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Royal Bank Of Canada boosted their price objective on Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, Pivotal Research reiterated a “buy” rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $321.63.

Amazon.com Stock Performance

Shares of AMZN opened at $246.67 on Wednesday. The stock has a market capitalization of $2.66 trillion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 1.91 and a beta of 1.44. Amazon.com has a 12-month low of $196.00 and a 12-month high of $287.20. The business’s fifty day moving average price is $256.29 and its 200 day moving average price is $247.66. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.68 earnings per share. Equities research analysts forecast that Amazon.com will post 8.01 EPS for the current year.

Insider Activity at Amazon.com

In other news, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer directly owned 2,235,766 shares in the company, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $31,024,217.80. The trade was a 1.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 70,589 shares of company stock worth $18,329,015. 8.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Silvant Capital Management LLC acquired a new stake in shares of Amazon.com in the second quarter worth $60,065,000. Public Employees Retirement System of Ohio bought a new position in shares of Amazon.com during the 2nd quarter worth about $909,868,000. Northstar Financial Companies Inc. acquired a new position in shares of Amazon.com during the second quarter valued at about $3,376,000. Gryphon Financial Partners LLC grew its position in Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock worth $15,221,000 after buying an additional 5,125 shares in the last quarter. Finally, First Citizens Bank & Trust Co. raised its holdings in Amazon.com by 1.7% in the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock valued at $63,285,000 after acquiring an additional 5,104 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS gains new enterprise demand. Australia’s CSL is working with Amazon Web Services to apply cloud computing and AI across research and clinical development. The agreement supports AWS’s growth narrative and demonstrates use of Amazon’s infrastructure outside traditional technology customers. Australia’s CSL taps Amazon’s cloud unit to boost research pipeline
• Positive Sentiment: Amazon Leo wins an airline connectivity customer. Delta selected Amazon’s satellite internet service instead of Starlink, providing commercial validation for Amazon’s developing low-Earth-orbit network and potentially improving the long-term economics of the satellite business. Elon Musk Mocks Delta’s Wi-Fi After Delta CEO’s Snub
• Positive Sentiment: Consumer and healthcare opportunities remain supportive. Amazon could benefit from record holiday e-commerce spending and rising demand for flat-fee prescription services as consumers seek lower healthcare costs. These trends support retail volume and potential expansion of Amazon Pharmacy and Prime. Amazon, GoodRx target US prescription subscribers
• Neutral Sentiment: Anthropic is both an AWS opportunity and a risk. Leaked IPO materials reportedly show surging revenue but very large losses and infrastructure commitments. Anthropic’s reliance on Amazon supports AWS demand, but its cash burn and dependence on outside funding highlight risks associated with Amazon’s AI investments. Anthropic IPO explained
• Negative Sentiment: Bedrock faces greater pricing competition. Expanded access to GPT-6, Claude and new inference tools gives AWS customers more choice, but competing model providers could pressure pricing and revenue per inference. That concern has contributed to weakness in the stock as investors assess whether lower AI prices will be offset by higher usage. Amazon Stock Slips as Bedrock Expands Model Choice
• Negative Sentiment: Regulatory scrutiny is increasing. Senate Democrats are asking Amazon to disclose AI and data-center tax deductions, lobbying activity and effects on federal tax payments. Potential changes to tax incentives could raise the cost of Amazon’s substantial AI infrastructure investments. Amazon Draws Senate Questions Over AI Data Center Tax Deductions
• Negative Sentiment: Delivery operations face reputational and regulatory pressure. New York officials are examining Amazon delivery vans amid concerns about street safety, creating a potential compliance and operating-cost issue for Amazon’s logistics network. Amazon vans may be New York City’s latest target

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.