Amazon.com (NASDAQ:AMZN) Given New $260.00 Price Target at Raymond James Financial

Amazon.com (NASDAQ:AMZN) had its price objective lowered by equities research analysts at Raymond James Financial from $275.00 to $260.00 in a research report issued on Thursday, MarketBeat Ratings reports. The firm currently has an “outperform” rating on the e-commerce giant’s stock. Raymond James Financial’s target price suggests a potential upside of 9.87% from the company’s previous close.

AMZN has been the topic of a number of other research reports. Evercore ISI reiterated an “outperform” rating on shares of Amazon.com in a research note on Monday, January 5th. Desjardins upped their target price on Amazon.com to $218.00 in a research report on Monday, December 8th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $300.00 price target on shares of Amazon.com in a report on Tuesday, December 2nd. JMP Securities set a $300.00 price target on Amazon.com in a research report on Friday, October 31st. Finally, HSBC boosted their price objective on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.34.

Amazon.com Stock Performance

Amazon.com stock opened at $236.65 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. Amazon.com has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The stock has a fifty day moving average of $232.66 and a two-hundred day moving average of $228.35. The company has a market capitalization of $2.53 trillion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.52 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.43 EPS. On average, analysts anticipate that Amazon.com will post 6.31 EPS for the current fiscal year.

Insider Activity

In related news, Director Jonathan Rubinstein sold 8,173 shares of the company’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the transaction, the director directly owned 80,030 shares in the company, valued at approximately $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total transaction of $280,316.57. Following the sale, the director owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 79,734 shares of company stock valued at $18,534,017. Corporate insiders own 9.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Amazon.com by 2.1% during the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after buying an additional 17,447,045 shares in the last quarter. State Street Corp lifted its stake in shares of Amazon.com by 2.0% in the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock valued at $83,805,794,000 after acquiring an additional 7,584,156 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Amazon.com by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after acquiring an additional 3,721,658 shares in the last quarter. Kingstone Capital Partners Texas LLC increased its holdings in Amazon.com by 542,733.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Amazon.com during the second quarter valued at about $27,438,011,000. Institutional investors own 72.20% of the company’s stock.

Key Amazon.com News

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

• Positive Sentiment: AWS launches a Europe-only “sovereign cloud” — a physically and logically isolated AWS region in Germany that targets government and regulated customers, strengthening AWS’s competitive position in Europe and reducing regulatory risk for large enterprise deals. Article Title
• Positive Sentiment: Analyst bullishness on high-margin businesses: TD Cowen and others are raising price targets and highlighting advertising and AI-driven cloud growth (advertising seen as a multi-decade revenue tailwind). These calls support upside to consensus earnings and valuation. Article Title
• Neutral Sentiment: Amazon is seeking supplier price concessions (reports say up to ~30%) after tariff changes — this could improve gross margins if realized, but may pressure vendor relationships and is not guaranteed. Article Title
• Neutral Sentiment: Amazon is buying new domestic copper output for data-center construction (securing supply for capex) — a strategic, operational move to support AWS data-center rollout, but with upfront procurement costs. Article Title
• Negative Sentiment: Legal and regulatory overhangs: Amazon is contesting an Italian antitrust fine and is involved in court fights related to Saks Global’s bankruptcy (Amazon had an equity stake) — these create headline risk and potential cash/branding exposure. Article Title Article Title
• Negative Sentiment: Analyst/market reactions: Some firms are trimming price targets or flagging risks (e.g., Cantor Fitzgerald cut its PT), contributing to today’s pullback despite the positive operational news. Article Title

About Amazon.com

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.