Amazon.com’s (AMZN) “Buy” Rating Reiterated at TD Cowen

TD Cowen reiterated their buy rating on shares of Amazon.com (NASDAQ:AMZN) in a research note released on Monday, MarketBeat reports. The brokerage currently has a $350.00 price objective on the e-commerce giant’s stock.

Other equities analysts have also recently issued research reports about the stock. Wells Fargo & Company reissued an “overweight” rating and set a $338.00 target price (up from $328.00) on shares of Amazon.com in a research report on Thursday, September 3rd. Citigroup reaffirmed a “market outperform” rating on shares of Amazon.com in a report on Friday, August 14th. Roth Capital reaffirmed a “buy” rating and set a $325.00 price target on shares of Amazon.com in a research report on Monday, August 3rd. Pivotal Research reiterated a “buy” rating and set a $333.00 price target (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Wedbush boosted their price objective on Amazon.com from $293.00 to $310.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $322.86.

Amazon.com Price Performance

AMZN opened at $259.92 on Monday. Amazon.com has a 1 year low of $196.00 and a 1 year high of $287.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a market capitalization of $2.80 trillion, a price-to-earnings ratio of 20.91, a P/E/G ratio of 1.98 and a beta of 1.45. The firm’s fifty day moving average price is $258.64 and its two-hundred day moving average price is $249.45.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the prior year, the company posted $1.68 earnings per share. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. As a group, analysts anticipate that Amazon.com will post 8.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the transaction, the chief executive officer owned 17,794 shares of the company’s stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 71,589 shares of company stock valued at $18,580,515. Company insiders own 8.90% of the company’s stock.

Hedge Funds Weigh In On Amazon.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Applied Capital LLC FL raised its position in shares of Amazon.com by 0.5% in the third quarter. Applied Capital LLC FL now owns 8,334 shares of the e-commerce giant’s stock valued at $2,076,000 after purchasing an additional 43 shares during the period. Dominguez Wealth Management Solutions Inc. boosted its holdings in Amazon.com by 6.2% in the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 3,091 shares of the e-commerce giant’s stock worth $770,000 after buying an additional 181 shares during the period. Retirement Wealth Solutions LLC boosted its holdings in Amazon.com by 20.1% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 3,062 shares of the e-commerce giant’s stock worth $763,000 after buying an additional 513 shares during the period. Cooper Financial Group grew its stake in Amazon.com by 10.3% in the 3rd quarter. Cooper Financial Group now owns 125,710 shares of the e-commerce giant’s stock valued at $31,321,000 after buying an additional 11,705 shares in the last quarter. Finally, Canandaigua National Trust Co of Florida purchased a new position in Amazon.com in the 3rd quarter valued at approximately $3,946,000. Institutional investors own 72.20% of the company’s stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Analysts see AWS and Amazon’s AI services as major growth drivers. AWS sales reportedly rose 37% to $42.2 billion, while Amazon’s AI business surpassed a $25 billion annual revenue run rate. Analysts also view AI agents as potentially increasing commerce activity rather than undermining Amazon’s model. Amazon AI Boom
• Positive Sentiment: The FCC is preparing to vote on auctioning prime spectrum for satellite-to-smartphone services, a move that could benefit Amazon’s satellite ambitions and expand future connectivity opportunities. FCC Spectrum Auction
• Positive Sentiment: Prime Big Deal Days provides a near-term test of consumer demand and a potential boost to fourth-quarter retail sales. Amazon is also expanding Prime Video’s reach through a six-year global deal to stream the Emmy Awards free to viewers, supporting advertising and audience growth. Amazon Emmy Streaming Deal
• Positive Sentiment: ARK Invest reportedly purchased approximately $31 million of Amazon shares, adding a supportive institutional-investor signal. ARK Invest Buys Amazon
• Neutral Sentiment: A proposed structure involving roughly $8 billion of Nvidia chips could help Amazon finance AI infrastructure and preserve capital flexibility, but it also underscores the substantial cost and financing burden of the AWS expansion. Amazon Nvidia Chip Financing
• Negative Sentiment: Investors remain concerned that aggressive AI capital spending could pressure free cash flow before new data centers generate sufficient returns. Rising interest rates, power constraints and possible delays in infrastructure deployment add to the risk. Amazon Data Center Spending Risks
• Negative Sentiment: Prime Big Deal Days is occurring amid weak consumer confidence, creating uncertainty over the strength and profitability of promotional sales. Public attention to Amazon’s highly detailed customer profiles could also create privacy-related reputational risk. Amazon Customer Profiles

Amazon.com Company Profile

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon’s major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.