Amazon.com’s (AMZN) “Market Outperform” Rating Reaffirmed at Citizens Jmp

Amazon.com (NASDAQ:AMZN)‘s stock had its “market outperform” rating reaffirmed by equities research analysts at Citizens Jmp in a research note issued to investors on Friday,Benzinga reports. They currently have a $315.00 target price on the e-commerce giant’s stock. Citizens Jmp’s price target points to a potential upside of 33.19% from the company’s current price.

A number of other brokerages have also issued reports on AMZN. Monness Crespi & Hardt decreased their target price on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Raymond James Financial decreased their target price on shares of Amazon.com from $260.00 to $225.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. TD Cowen restated a “buy” rating and set a $300.00 target price on shares of Amazon.com in a research report on Monday, March 23rd. The Goldman Sachs Group increased their target price on shares of Amazon.com from $290.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Finally, Roth Mkm restated a “buy” rating and set a $295.00 target price (up from $270.00) on shares of Amazon.com in a research report on Monday, January 26th. One 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 stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $287.39.

Amazon.com Stock Up 1.2%

Shares of AMZN opened at $236.50 on Friday. Amazon.com has a 52 week low of $165.29 and a 52 week high of $258.60. The firm has a market cap of $2.54 trillion, a P/E ratio of 32.69, a price-to-earnings-growth ratio of 1.66 and a beta of 1.38. The firm’s 50-day simple moving average is $211.98 and its 200 day simple moving average is $224.05. 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 announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. During the same quarter last year, the company posted $1.86 EPS. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. On average, analysts forecast that Amazon.com will post 6.31 earnings per share for the current year.

Insider Activity

In other news, CEO Douglas J. Herrington sold 6,835 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the completion of the transaction, the chief executive officer owned 522,361 shares of the company’s stock, valued at approximately $107,512,341.02. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 72,686 shares of company stock valued at $14,899,239. 9.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amazon.com

Several large investors have recently modified their holdings of AMZN. Fairway Wealth LLC increased its position in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new stake in shares of Amazon.com during the third quarter worth $27,000. MilWealth Group LLC increased its position in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com during the fourth quarter worth $45,000. Finally, Elkhorn Partners Limited Partnership increased its position in shares of Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 180 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

More Amazon.com News

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

• Positive Sentiment: Management disclosed that AWS AI revenue exceeds $15B and Amazon’s custom‑chip business has crossed a >$20B annual run‑rate, with the company indicating it may sell chips to third parties — this gives investors a credible, high‑margin growth story beyond retail. Read More.
• Positive Sentiment: Andy Jassy defended a large AI capex plan and confirmed the AI business momentum in his shareholder letter, helping calm some investor concerns about the company’s heavy spending. Read More.
• Positive Sentiment: Amazon announced a major data‑center expansion (reported buildout figures and investments) that underpins AWS/A I capacity growth — a tangible commitment that supports longer‑term revenue upside for cloud and AI services. Read More.
• Positive Sentiment: Amazon Pharmacy will stock Eli Lilly’s new GLP‑1 pill Foundayo with same‑day delivery and One Medical kiosk distribution expansion — a clear retail/pharmacy revenue and customer‑engagement catalyst. Read More.
• Neutral Sentiment: Wall Street continues to re‑rate AMZN: several analysts raised price targets and upgraded the stock after the shareholder letter and operational updates — this supports momentum but depends on execution. Read More.
• Neutral Sentiment: Macro pressures (energy costs, Iran conflict) are prompting some companies — including Amazon — to adjust pricing and add surcharges, a mixed input for margins and consumer demand. Read More.
• Negative Sentiment: Heavy capital spending has materially reduced free cash flow (management acknowledged a large fall year‑over‑year), keeping near‑term margin and cash‑flow concerns on the table for value‑focused investors. Read More.
• Negative Sentiment: Potential strategic moves (e.g., reported talks about buying Globalstar) introduce execution and acquisition‑price risks; the market may penalize deals seen as expensive or distracting from core execution. Read More.

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.