Amazon.com (NASDAQ:AMZN) Posts Earnings Results, Beats Estimates By $3.93 EPS

Amazon.com, Inc. (NASDAQ:AMZN) announced its earnings results on Thursday. The e-commerce giant reported $5.75 earnings per share for the quarter, beating the consensus estimate of $1.82 by $3.93, FiscalAI reports. The business had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%.

Amazon.com Stock Up 3.9%

AMZN stock traded up $8.85 during mid-day trading on Thursday, hitting $235.50. 100,048,928 shares of the company were exchanged, compared to its average volume of 49,505,375. The firm has a fifty day simple moving average of $246.25 and a 200 day simple moving average of $236.06. The company has a market capitalization of $2.53 trillion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 1.73 and a beta of 1.46. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon delivered a significant Q2 “double beat,” reporting adjusted earnings of $5.75 per share versus the $1.82 consensus and revenue of $200.61 billion versus estimates of $197.03 billion. Net sales grew 20% year over year, marking Amazon’s first quarter above $200 billion. Amazon.com Announces Second Quarter Results
• Positive Sentiment: Amazon Web Services (AWS) revenue rose 37%, its fastest growth in roughly four years and significantly above expectations. Surging enterprise AI spending, along with new arrangements involving Meta and OpenAI, reinforced the view that Amazon’s AI infrastructure investments are strengthening its cloud franchise. Amazon’s AWS posts fastest growth since 2021
• Positive Sentiment: Advertising revenue climbed 26% to nearly $20 billion, while Prime Day helped support e-commerce activity. Operating income increased to $27.5 billion, and AWS operating profit reached $16.6 billion, highlighting the contribution of higher-margin businesses. Amazon Thrives On Big Q2 For AI
• Positive Sentiment: Amazon-owned Zoox received a temporary U.S. regulatory exemption to begin charging for rides in purpose-built, steering-wheel-free robotaxis. The approval offers a potential long-term growth opportunity, although the near-term financial impact is likely limited. Amazon’s Zoox wins first US approval
• Neutral Sentiment: Microsoft’s strong results helped ease broader concerns that AI spending may be excessive, improving sentiment toward hyperscalers such as Amazon. However, investors remain focused on whether returns will justify Amazon’s planned infrastructure spending.
• Negative Sentiment: Amazon projected Q3 revenue of $197 billion to $202 billion, below the $204.6 billion analyst consensus. The company’s approximately $200 billion 2026 capital-expenditure plan, debt financing, and reports of costly AI deployment overruns remain risks to free cash flow and margins. Amazon Q2 earnings and capital expenditure

Analyst Ratings Changes

AMZN has been the topic of several analyst reports. Truist Financial lifted their price target on shares of Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wolfe Research restated an “outperform” rating and set a $320.00 target price (up from $245.00) on shares of Amazon.com in a research note on Thursday, April 30th. Scotiabank restated an “outperform” rating and set a $325.00 target price (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. UBS Group reaffirmed a “buy” rating and set a $305.00 target price (down from $333.00) on shares of Amazon.com in a research report on Tuesday. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a research note on Thursday, June 18th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $313.43.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 2,363 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $262.38, for a total transaction of $620,003.94. Following the transaction, the vice president directly owned 119,780 shares in the company, valued at $31,427,876.40. This trade represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $263.42, for a total value of $5,268,400.00. Following the transaction, the chief executive officer owned 2,205,766 shares in the company, valued at $581,042,879.72. This trade represents a 0.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 136,719 shares of company stock worth $36,703,652. Company insiders own 8.90% of the company’s stock.

Institutional Inflows and Outflows

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

Amazon.com Company Profile

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.