Amazon.com (NASDAQ:AMZN) Stock Jumps 2.2% After Analyst Upgrade

Amazon.com, Inc. (NASDAQ:AMZN)’s share price rose 2.2% during mid-day trading on Monday after Mizuho raised their price target on the stock from $330.00 to $335.00. Mizuho currently has an outperform rating on the stock. Amazon.com traded as high as $253.81 and last traded at $245.63. Approximately 57,776,597 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 46,424,313 shares. The stock had previously closed at $240.35.

Several other equities research analysts also recently issued reports on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Piper Sandler reissued an “overweight” rating and issued a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Susquehanna restated a “positive” rating on shares of Amazon.com in a research note on Tuesday, October 6th. Wolfe Research restated an “outperform” rating and set a $315.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Finally, Phillip Securities lowered Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $320.86.

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the transaction, the vice president owned 119,780 shares of the company’s stock, valued at $31,024,217.80. The trade was a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $251.50, for a total transaction of $251,500.00. Following the sale, the chief executive officer owned 474,681 shares of the company’s stock, valued at approximately $119,382,271.50. The trade was a 0.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 70,589 shares of company stock worth $18,302,125. Corporate insiders own 8.90% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Phillip Securities upgraded Amazon to Buy and raised its price target from $320 to $330, citing strong demand visibility in cloud computing and Amazon’s positioning in artificial intelligence. Why is Amazon stock surging 4% today?
• Positive Sentiment: AWS remains the primary bullish catalyst. Coverage highlights accelerating cloud demand, AI infrastructure spending and the potential for AWS revenue to grow substantially over time. Investors are also increasingly recognizing operating leverage in Amazon’s e-commerce business. Is Amazon Stock a Buy as Cloud Revenue Continues to Surge?
• Positive Sentiment: Amazon launched a $25 Thanksgiving meal bundle with same-day delivery, reinforcing its grocery, logistics and consumer-convenience businesses ahead of the holiday season. The initiative is strategically positive, although its direct financial impact is likely modest. Amazon Offers Same-Day Delivery for Thanksgiving Meals
• Neutral Sentiment: Amazon’s third-quarter results were mixed: revenue increased 12.1% year over year to approximately $201.9 billion, but earnings per share of $1.89 missed the consensus estimate of $1.97. The results initially prompted a sell-off, while the subsequent rebound reflects renewed confidence in AWS. AMZN Q3 deep dive
• Negative Sentiment: Higher AI and data-center capital spending is pressuring free cash flow. Analysts warn that AWS growth and profitability must keep pace with an expanded investment plan, creating execution and valuation risks even as cloud demand remains strong. Amazon Climbs as Upgrade Fuels Rebound
• Negative Sentiment: Local opposition could delay or block Amazon’s proposed $2 billion Ohio data center. Sunbury voters are considering restrictions on facilities using more than 25 megawatts, highlighting growing political and community resistance to AI infrastructure projects. Amazon Data Center Faces Election Day Threat
• Negative Sentiment: AI-powered shopping agents are an emerging competitive threat to Amazon’s e-commerce traffic, advertising model and customer relationships, although the company is responding by positioning Alexa as an AI shopping assistant. Amazon Positions Alexa for Shopping

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AMZN. TOP Private Wealth LLC. acquired a new position in Amazon.com during the 2nd quarter valued at approximately $29,000. Bard Associates Inc. acquired a new stake in Amazon.com in the second quarter worth $32,000. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com in the second quarter worth $33,000. Atomic Invest LLC lifted its stake in Amazon.com by 41.2% in the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant’s stock valued at $40,000 after buying an additional 49 shares during the last quarter. Finally, Strategic Wealth Advisors LLC bought a new stake in Amazon.com in the second quarter valued at $68,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

The company has a market capitalization of $2.65 trillion, a P/E ratio of 19.86, a PEG ratio of 1.86 and a beta of 1.49. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 0.28. The business has a 50 day simple moving average of $254.28 and a 200-day simple moving average of $243.09.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The firm had revenue of $201.94 billion for the quarter, compared to the consensus estimate of $202.22 billion. During the same quarter in the prior year, the company posted $1.95 EPS. The firm’s revenue was up 12.1% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 8.00 EPS for the current fiscal year.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.