Amazon.com FY2027 EPS Forecast Increased by Erste Group Bank

Key Points

• Erste Group Bank raised Amazon’s FY2027 EPS forecast to $10.36 from $10.11, above the broader consensus estimate of $8.05.
• Amazon’s latest quarterly results significantly exceeded expectations, with EPS of $5.75 versus $1.82 forecast and revenue of $200.61 billion versus $197.03 billion expected; revenue increased 19.6% year over year.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and an average price target of $322.56, while Amazon shares recently traded near $278 and the company reached a $3 trillion market capitalization.

Amazon.com, Inc. (NASDAQ:AMZN - Free Report) - Erste Group Bank boosted their FY2027 earnings per share (EPS) estimates for Amazon.com in a research note issued on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now anticipates that the e-commerce giant will earn $10.36 per share for the year, up from their prior forecast of $10.11. The consensus estimate for Amazon.com's current full-year earnings is $8.05 per share.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's quarterly revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.68 EPS.

A number of other analysts have also recently weighed in on the company. Roth Capital reissued a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a research report on Monday, August 3rd. Guggenheim reaffirmed a "buy" rating and issued a $320.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. DA Davidson restated a "neutral" rating and set a $250.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Citigroup reissued a "buy" rating and issued a $350.00 target price (up from $325.00) on shares of Amazon.com in a research report on Friday, July 31st. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $328.00 price objective (up from $322.00) on shares of Amazon.com in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $322.56.

Amazon.com Trading Up 1.3%

NASDAQ:AMZN opened at $278.09 on Tuesday. The stock has a market capitalization of $3.00 trillion, a price-to-earnings ratio of 22.37, a PEG ratio of 1.83 and a beta of 1.45. Amazon.com has a 52 week low of $196.00 and a 52 week high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average of $246.69 and a 200 day moving average of $237.78.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,363 shares of the company's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total transaction of $620,003.94. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at $31,427,876.40. This represents a 1.93% decrease in their position. The transaction was disclosed in a document filed 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 Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction dated 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 completion of the sale, the chief executive officer owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 77,867 shares of company stock valued at $20,532,092. Corporate insiders own 8.90% of the company's stock.

Institutional Trading of Amazon.com

Large investors have recently made changes to their positions in the company. Trillium Asset Management LLC purchased a new position in shares of Amazon.com in the second quarter worth about $833,000. Burr Financial Services LLC purchased a new stake in Amazon.com during the 2nd quarter valued at about $3,324,000. Altman Advisors Inc. purchased a new stake in Amazon.com during the 2nd quarter valued at about $9,486,000. Clay Northam Wealth Management LLC purchased a new stake in Amazon.com during the 2nd quarter valued at about $12,595,000. Finally, Jupiter Wealth Management LLC acquired a new stake in Amazon.com in the 2nd quarter valued at about $8,397,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com News Roundup

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

• Positive Sentiment: Investor optimism remains centered on Amazon’s latest quarterly results: revenue reached $200.61 billion, exceeding estimates, while EPS of $5.75 sharply beat the $1.82 consensus. Analysts and market commentators expect AWS growth and AI demand to support a continued post-earnings drift. Amazon: A Post-Earnings Drift Candidate
• Positive Sentiment: Coverage highlighting Amazon’s entry into the $3 trillion club argues that accelerating cloud revenue could support substantially higher valuation over the next several years. Amazon Just Joined the $3 Trillion Club
• Positive Sentiment: Amazon’s Zoox unit has begun paid autonomous-vehicle rides in Las Vegas following regulatory approval. The launch provides a potential long-term growth avenue, although the financial contribution is likely to be limited initially. Zoox to Begin Paid Rides
• Positive Sentiment: Amazon Pharmacy plans to offer qualifying Medicare beneficiaries weight-loss medications for $50 per month, potentially expanding pharmacy customer reach and prescription volume. Amazon Pharmacy Rolls Out Cheaper Weight-Loss Drugs
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” recommendation, reinforcing generally favorable sentiment but offering limited new information after the recent rally. Amazon Receives Moderate Buy Recommendation
• Negative Sentiment: New York Mayor Zohran Mamdani is backing delivery-worker protections that Amazon says could threaten more than 5,000 local jobs or encourage warehouse relocations. Amazon has committed roughly $5 million to oppose the proposal, highlighting rising regulatory and labor-cost risk. Mamdani Backs Amazon Delivery Worker Bill
• Negative Sentiment: Reports of AI-model security breaches are increasing scrutiny of Amazon’s push to sell autonomous AI agents to enterprise customers, potentially raising liability, compliance and reputational risks. AI Security Breaches Raise New Risks
• Negative Sentiment: Environmental criticism of a planned Texas data-center power project could create permitting, political and reputational headwinds as Amazon expands energy-intensive AI infrastructure. Amazon’s New Texas Data Center

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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