Amazon.com (NASDAQ:AMZN) Price Target Raised to $350.00 at New Street Research

Key Points

• New Street Research raised its price target on Amazon to $350 (from $280) and kept a "buy" rating, implying about a 28.7% upside; the stock's consensus remains a "Moderate Buy" with an average target near $311.50.
• Amazon beat Q1 estimates with EPS of $2.78 (vs. $1.63 expected) and revenue of $181.52 billion (up 16.6% year-over-year), while AWS and AI investments are cited as key long‑term growth drivers.
• Amazon launched Amazon Supply Chain Services, opening its logistics network to third parties — a potential new revenue stream that prompted immediate market concern for carriers like UPS and FedEx.

Amazon.com (NASDAQ:AMZN) had its target price upped by equities researchers at New Street Research from $280.00 to $350.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The firm currently has a "buy" rating on the e-commerce giant's stock. New Street Research's target price points to a potential upside of 28.66% from the company's previous close.

A number of other research analysts also recently commented on AMZN. Bank of America lifted their price objective on shares of Amazon.com from $298.00 to $310.00 and gave the company a "buy" rating in a research report on Thursday. KeyCorp lifted their price target on Amazon.com from $325.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday. Jefferies Financial Group reaffirmed a "buy" rating on shares of Amazon.com in a research report on Monday. Rosenblatt Securities upped their price target on shares of Amazon.com from $296.00 to $332.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Daiwa Securities Group cut their price objective on shares of Amazon.com from $300.00 to $280.00 and set a "buy" rating for the company in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, fifty-five have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $311.50.

Amazon.com Stock Up 1.4%

NASDAQ:AMZN opened at $272.03 on Monday. Amazon.com has a twelve month low of $183.85 and a twelve month high of $273.88. The firm has a market capitalization of $2.93 trillion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The stock's 50 day moving average price is $223.63 and its two-hundred day moving average price is $227.48.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results 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. The business had revenue of $181.52 billion during the quarter, compared to analysts' expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm's revenue was up 16.6% on a year-over-year basis. During the same period last year, the business earned $1.59 earnings per share. Equities research analysts expect that Amazon.com will post 7.71 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 31,000 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $255.00, for a total transaction of $7,905,000.00. Following the transaction, the chief executive officer owned 2,207,118 shares in the company, valued at $562,815,090. This represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the transaction, the chief executive officer directly owned 9,405 shares in the company, valued at $1,930,094.10. This represents a 65.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 128,035 shares of company stock worth $28,827,479. Company insiders own 8.90% of the company's stock.

Institutional Trading of Amazon.com

Institutional investors have recently modified their holdings of the stock. Fairway Wealth LLC boosted its holdings in shares of Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock valued at $25,000 after acquiring an additional 60 shares in the last quarter. Sellwood Investment Partners LLC acquired a new stake in Amazon.com during the third quarter worth approximately $27,000. MilWealth Group LLC increased its holdings in Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after purchasing an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. bought a new position in Amazon.com during the fourth quarter worth $45,000. Finally, Elkhorn Partners Limited Partnership increased its position in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock valued at $46,000 after buying an additional 180 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon launched "Amazon Supply Chain Services" (ASCS), opening its freight, fulfillment and parcel network to third parties — a direct new revenue stream that management pitched as an "AWS-like" business for logistics and could lift margins over time by monetizing existing capacity. Amazon Launches Amazon Supply Chain Services
• Positive Sentiment: Markets reacted immediately: carriers like UPS and FedEx fell in pre-market trading as investors priced in competitive pressure from ASCS — that reaction underscores the strategic and near-term competitive implications of Amazon moving beyond internal logistics. Amazon Throws Open Its Logistics Fortress — UPS, FedEx Feel the Heat
• Positive Sentiment: AWS and AI remain major growth drivers: coverage highlights Amazon's massive AI/capex commitments (Amazon leads hyperscaler spending) and continued AWS revenue acceleration — a thesis that supports higher long‑term revenue and multiple expansion. Amazon Stock Forecast: Could AI and Chips Make AMZN a $4 Trillion Company?
• Neutral Sentiment: Analysts and commentators are mixed on timing and valuation — many still bullish with raised price targets, but some note the stock may be consolidating after the Q1 beat; this leaves room for volatility while investors digest guidance vs. capex. Is It Too Late To Consider Amazon.com (AMZN)?
• Negative Sentiment: Heavy capex is a real near-term headwind: analysts and articles point out Amazon's massive spending reduces free cash flow and compresses near-term FCF metrics — investors worried about cash conversion or capital intensity may pressure the stock. Amazon's Massive Capex Spending Reduces FCF to a Trickle
• Negative Sentiment: Macro and market forces could sap momentum: hedge funds trimming tech exposure and recent insider selling have been noted by market watchers — a tech-wide pullback or continued insider disposals could amplify short-term downside. Hedge Funds Launch Biggest Tech Stock Pullback In Over 10 Years

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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