Amazon.com (NASDAQ:AMZN) Price Target Cut to $285.00 by Analysts at Evercore

Amazon.com (NASDAQ:AMZN) had its target price lowered by research analysts at Evercore from $335.00 to $285.00 in a report released on Friday,MarketScreener reports. The firm currently has an “outperform” rating on the e-commerce giant’s stock. Evercore’s target price points to a potential upside of 37.07% from the stock’s current price.

Several other analysts have also issued reports on AMZN. Wedbush dropped their price target on Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. Mizuho cut shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Loop Capital raised their target price on Amazon.com from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Scotiabank reiterated an “outperform” rating and issued a $275.00 price objective (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Finally, Oppenheimer set a $260.00 price target on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com Price Performance

Amazon.com stock opened at $207.92 on Friday. The stock has a fifty day moving average of $227.00 and a 200-day moving average of $227.79. The stock has a market capitalization of $2.23 trillion, a P/E ratio of 29.00, a price-to-earnings-growth ratio of 1.35 and a beta of 1.37. Amazon.com has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.Amazon.com’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.86 earnings per share. On average, sell-side analysts expect that Amazon.com will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Matthew S. Garman sold 17,751 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. The trade was a 65.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the transaction, the vice president owned 119,780 shares of the company’s stock, valued at $24,662,702. This represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 73,186 shares of company stock valued at $15,067,539. 9.70% of the stock is owned by company insiders.

Institutional Trading of Amazon.com

Several large investors have recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in 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 during the period. Bank Pictet & Cie Europe AG lifted its position in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE boosted 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 during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth about $2,153,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com News Roundup

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

• Positive Sentiment: A potential up-to-$50 billion investment in OpenAI would materially deepen Amazon’s AI positioning and could drive long-term AWS demand. Amazon’s $50 Billion OpenAI investment may depend on IPO or AGI milestone
• Positive Sentiment: Prominent investors are increasing exposure to AMZN (e.g., Stanley Druckenmiller added shares), signaling conviction in Amazon’s AI/cloud-led upside. Billionaire Stanley Druckenmiller Piled Into Alphabet and Amazon
• Positive Sentiment: Analysts point to AWS capacity expansion (gigawatt-scale buildout) as a catalyst for higher long‑term revenue from AI compute demand. This supports the cloud-growth thesis despite near-term capex. Amazon’s AWS expansion could drive potential revenue upside, analysts say
• Neutral Sentiment: Amazon named Peter DeSantis as a central AI leader and is pushing a lower‑cost approach to AI (Trainium chips, Texas data‑center builds)—strategy could cut costs over time but requires execution. Amazon Tries Its Low-Cost Approach to Winning the AI Race
• Neutral Sentiment: Third‑party AI players (e.g., Anthropic) expanding rapidly can indirectly benefit AWS through higher spend on inference and hosting—an exposure angle investors are discussing. Want to Own Anthropic Stock But Can’t? Buy Its AI Data Center Provider (Amazon)
• Negative Sentiment: UK courts cleared large collective suits by sellers and consumers to proceed (potential damages up to ~£4B), raising litigation risk and near‑term headline pressure. Amazon refused permission to appeal go-ahead for UK lawsuits
• Negative Sentiment: Regulatory/antitrust attention in the U.S. (California AG seeking injunction on alleged price‑control practices) and broader antitrust scrutiny add execution and cost risk. Amazon’s OpenAI Bet, Antitrust Pressure And AI Turnover Weigh On Valuation
• Negative Sentiment: Recent insider selling (CEO and other executives disclosed stock sales) and investor headlines about heavy near‑term AI capex have amplified downside pressure as the market re-prices growth vs. spending risk. Insider Selling: Amazon CEO Sells $3,642,860.22 in Stock

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.