Amazon.com (NASDAQ:AMZN) Price Target Raised to $315.00 at Maxim Group

Key Points

• Maxim Group raised its price target on Amazon to $315 (from $290) and maintained a "buy" rating, implying roughly a 16% upside from the prior close.
• Amazon beat Q1 expectations with $2.78 EPS (vs. $1.63 est.) and $181.5B revenue, while AWS grew about 28% y/y—driving analyst enthusiasm and an average target near $310.25 with most firms rating the stock Buy/Moderate Buy.
• Near-term risks include heavy AI-related capex weighing on free cash flow and cautious guidance, and notable insider selling (about 128,035 shares sold in the last 90 days), which some investors may view negatively.

Amazon.com (NASDAQ:AMZN) had its target price boosted by Maxim Group from $290.00 to $315.00 in a report issued on Thursday,MarketScreener reports. The brokerage presently has a "buy" rating on the e-commerce giant's stock. Maxim Group's price objective points to a potential upside of 15.97% from the stock's previous close.

AMZN has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price target on Amazon.com from $280.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday. Moffett Nathanson raised their price target on Amazon.com from $283.00 to $288.00 and gave the stock a "buy" rating in a report on Tuesday, April 7th. Royal Bank Of Canada set a $320.00 price objective on Amazon.com and gave the stock an "outperform" rating in a research report on Thursday. Argus reiterated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a research report on Friday, February 6th. Finally, DZ Bank upgraded Amazon.com to a "strong-buy" rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-five have given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $310.25.

Amazon.com Stock Performance

NASDAQ AMZN traded up $6.56 on Thursday, hitting $271.62. 11,655,056 shares of the stock traded hands, compared to its average volume of 49,990,484. The business's fifty day moving average is $223.63 and its two-hundred day moving average is $227.35. Amazon.com has a 12 month low of $183.85 and a 12 month high of $273.88. The firm has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 32.58, a PEG ratio of 1.97 and a beta of 1.38. 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 20.87% and a net margin of 12.22%.The business had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. During the same period in the prior year, the company earned $1.59 earnings per share. Amazon.com's revenue was up 16.6% compared to the same quarter last year. As a group, equities analysts anticipate that Amazon.com will post 7.7 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 20,500 shares of the firm's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $245.00, for a total value of $5,022,500.00. Following the sale, the chief executive officer directly owned 499,861 shares of the company's stock, valued at $122,465,945. This trade represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 128,035 shares of company stock valued at $28,827,479. 8.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Amazon.com

Large investors have recently bought and sold shares of the company. Red Crane Wealth Management LLC lifted its holdings in shares of Amazon.com by 2.3% in the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant's stock worth $346,000 after buying an additional 38 shares during the period. Robinson Smith Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 0.7% in the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant's stock worth $1,147,000 after buying an additional 40 shares during the period. Lifelong Wealth Advisors Inc. lifted its stake in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant's stock worth $402,000 after purchasing an additional 41 shares during the last quarter. Financial Connections Group Inc. lifted its stake in shares of Amazon.com by 2.6% during the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant's stock worth $376,000 after purchasing an additional 42 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its stake in shares of Amazon.com by 5.1% during the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant's stock worth $205,000 after purchasing an additional 43 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Key Amazon.com News

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

• Positive Sentiment: AWS outperformed: Amazon reported stronger‑than‑expected cloud growth (AWS +28% y/y), which is driving margin expansion and underpins the AI infrastructure opportunity. Amazon beats quarterly cloud growth estimates
• Positive Sentiment: OpenAI models coming to AWS/Bedrock strengthens Amazon’s cloud positioning and commercial AI offering — a direct revenue lever for Bedrock and enterprise customers. Amazon’s AWS, OpenAI Partner to Integrate Frontier Models into Amazon Bedrock Ecosystem
• Positive Sentiment: Wall Street is bullish post‑earnings: multiple firms raised price targets and reiterated buy/overweight ratings, signaling analyst confidence in AWS/AI-driven upside. Wall Street Floods Amazon With Price Target Hikes After Q1 Beat
• Positive Sentiment: Strategic wins & government deals: the Pentagon reached agreements with several AI firms — including AWS — which supports enterprise/government demand for cloud and AI services. Pentagon reaches agreements with leading AI companies
• Neutral Sentiment: Amazon is diversifying infrastructure investments (including a large commitment to small modular reactors/energy projects), which could lower power/capex risks long term but adds complexity in the near term. NuScale Power Stock Soars as Amazon Commits $500M to Small Modular Reactors
• Neutral Sentiment: Broader AI ecosystem noise: reports of internal OpenAI issues are creating uncertainty across Big Tech and could influence AI partner dynamics and timelines. Is OpenAI's Trillion Dollar AI Bet Starting to Crack? Here's What It Means for Big Tech
• Negative Sentiment: Capex and cash‑flow pressure: coverage highlights that Amazon’s AI spending is denting free cash flow and prompted cautious near‑term operating guidance — the main reason shares dipped after the earnings beat. Amazon's AI spending boom is eating into free cash flow
• Negative Sentiment: Insider sale: a director disclosed a roughly $1.0M stock sale, which can be interpreted as a near‑term selling signal for some investors. Insider Selling: Amazon.com Director Sells $1,000,740 in Stock

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.

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