Amazon.com (NASDAQ:AMZN) Given New $300.00 Price Target at The Goldman Sachs Group

Amazon.com (NASDAQ:AMZN) had its price target increased by The Goldman Sachs Group from $290.00 to $300.00 in a research note released on Wednesday,MarketScreener reports. They currently have a buy rating on the e-commerce giant’s stock.

A number of other research analysts also recently commented on AMZN. Citizens Jmp reaffirmed a “market outperform” rating and issued a $300.00 target price on shares of Amazon.com in a research report on Wednesday, December 3rd. HSBC upped their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Mizuho cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Piper Sandler reaffirmed an “overweight” rating on shares of Amazon.com in a report on Wednesday, December 3rd. Finally, Bank of America upped their price objective on Amazon.com from $272.00 to $303.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $295.96.

Amazon.com Stock Up 0.6%

Shares of AMZN traded up $1.53 during midday trading on Wednesday, reaching $238.18. The stock had a trading volume of 42,606,412 shares, compared to its average volume of 42,101,430. The company has a market cap of $2.55 trillion, a price-to-earnings ratio of 33.64, a PEG ratio of 1.52 and a beta of 1.37. The company’s fifty day simple moving average is $232.66 and its two-hundred day simple moving average is $228.35. Amazon.com has a 1-year low of $161.38 and a 1-year high of $258.60. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share 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 analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the firm earned $1.43 earnings per share. Equities research analysts expect that Amazon.com will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $233.22, for a total transaction of $583,050.00. Following the sale, the chief executive officer owned 505,934 shares in the company, valued at approximately $117,993,927.48. This represents a 0.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the sale, the chief executive officer directly owned 6,273 shares in the company, valued at approximately $1,360,613.70. The trade was a 73.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,734 shares of company stock worth $18,534,017 in the last quarter. Insiders own 9.70% of the company’s stock.

Institutional Investors Weigh In On Amazon.com

Several hedge funds have recently modified their holdings of AMZN. Brighton Jones LLC lifted its holdings in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after buying an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG increased its position in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock worth $442,481,000 after acquiring an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE lifted its stake in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com in the fourth quarter worth about $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS launches a European “sovereign cloud,” positioning Amazon to win government and regulated-enterprise business in the EU — that expands addressable market and reduces regulatory friction for cloud customers. Amazon launches new Europe-based cloud service
• Positive Sentiment: Amazon secured a U.S. copper supply deal (Rio Tinto) to support its AI data‑center buildout — this reduces a key materials bottleneck for rapid server expansion and helps keep capex timelines intact. Rio Tinto to supply copper to Amazon
• Positive Sentiment: Analyst and market optimism around AWS and ad revenue growth persists (e.g., bullish notes on advertising/AI tailwinds), supporting higher medium-term earnings expectations for Amazon. TD Cowen increases price target on advertising boom
• Neutral Sentiment: Expanded minifridge recall notes Amazon as a previous seller of affected Frigidaire models — potential reputational/fulfillment noise but limited direct financial impact for Amazon. Minifridge recall expands
• Neutral Sentiment: Ongoing strategic debate about “agentic commerce” and AI-driven retail could both help and disrupt Amazon’s retail economics — a structural theme investors are watching but not an immediate catalyst. Amazon and Walmart swap scripts
• Negative Sentiment: Amazon is contesting Saks Global’s Chapter 11 financing after its $475M stake in the luxury chain was rendered effectively worthless; a judge recently rejected Amazon’s first effort to block the funding — this is a direct near‑term hit to equity value and could mean further legal costs or write‑downs. Amazon threatens ‘drastic action’ after Saks bankruptcy
• Negative Sentiment: Regulatory/legal headwinds persist: Amazon is appealing an Italian antitrust fine (even after a reduction) — continued regulatory exposure adds litigation risk and potential fines. Amazon to appeal against Italian antitrust fine

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.