Daiwa Capital Markets Issues Positive Forecast for Amazon.com (NASDAQ:AMZN) Stock Price

Amazon.com (NASDAQ:AMZN) had its target price raised by research analysts at Daiwa Capital Markets from $254.00 to $300.00 in a report issued on Tuesday,MarketScreener reports. The firm currently has a “buy” rating on the e-commerce giant’s stock. Daiwa Capital Markets’ price objective would suggest a potential upside of 20.77% from the company’s current price.

AMZN has been the topic of several other reports. KeyCorp increased their target price on shares of Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. DZ Bank reiterated a “buy” rating on shares of Amazon.com in a research report on Friday, October 31st. Susquehanna set a $300.00 price objective on Amazon.com and gave the company a “positive” rating in a report on Friday, October 31st. Weiss Ratings upgraded Amazon.com from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Finally, UBS Group set a $310.00 target price on Amazon.com in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $294.15.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $248.40 on Tuesday. The stock has a market capitalization of $2.66 trillion, a price-to-earnings ratio of 37.87, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com has a 12 month low of $161.38 and a 12 month high of $258.60. The firm’s 50 day simple moving average is $227.77 and its 200-day simple moving average is $219.45. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Analysts expect that Amazon.com will post 6.31 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 22,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $5,500,660.00. Following the sale, the chief executive officer owned 493,507 shares of the company’s stock, valued at $123,391,555.21. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 128,084 shares of company stock worth $29,405,457. Corporate insiders own 9.70% of the company’s stock.

Hedge Funds Weigh In On Amazon.com

Several hedge funds have recently bought and sold shares of the company. Fairway Wealth LLC raised its stake in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after acquiring an additional 60 shares in the last quarter. Carderock Capital Management Inc. purchased a new stake in Amazon.com during the 2nd quarter worth about $27,000. Sellwood Investment Partners LLC acquired a new stake in Amazon.com in the 3rd quarter valued at about $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at about $36,000. Finally, Capitol Family Office Inc. purchased a new position in shares of Amazon.com in the 1st quarter valued at about $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.