Amazon.com (NASDAQ:AMZN) Stock Price Target Cut by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald cut Amazon’s price target from $310 to $280 while maintaining an “overweight” rating, implying 14.85% upside from the prior close.
• Despite the reduction, Wall Street remains broadly positive: Amazon has a “Moderate Buy” consensus rating and an average price target of $325.16, supported by multiple Buy and Strong Buy recommendations.
• Amazon’s latest quarter missed analyst expectations, with EPS of $1.89 versus $1.97 expected and revenue of $201.94 billion versus $202.22 billion forecast, while heavy AI and infrastructure spending is weighing on near-term cash flow.

Amazon.com (NASDAQ:AMZN - Get Free Report) had its target price reduced by analysts at Cantor Fitzgerald from $310.00 to $280.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an "overweight" rating on the e-commerce giant's stock. Cantor Fitzgerald's price target would indicate a potential upside of 14.85% from the stock's previous close.

A number of other equities analysts have also recently commented on AMZN. Tigress Financial reissued a "buy" rating and issued a $385.00 price objective (up from $315.00) on shares of Amazon.com in a research note on Tuesday, October 6th. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $330.00 to $365.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $325.00 price target (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Monness Crespi & Hardt lifted their price target on Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Finally, Citizens Jmp reissued a "market outperform" rating and set a $315.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $325.16.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $243.79 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. Amazon.com has a 1 year low of $196.00 and a 1 year high of $287.20. The stock's 50 day simple moving average is $254.67 and its two-hundred day simple moving average is $243.12. The company has a market cap of $2.63 trillion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.98 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.08). The business had revenue of $201.94 billion during the quarter, compared to the consensus estimate of $202.22 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. The company's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.95 EPS. As a group, equities analysts anticipate that Amazon.com will post 8.00 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares of the company's stock, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company's stock in a transaction dated Monday, August 24th. The shares were 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 in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. 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 have sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Amazon.com

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its stake in Amazon.com by 5.5% during the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant's stock worth $95,504,904,000 after acquiring an additional 21,398,025 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Amazon.com in the 2nd quarter valued at $22,218,775,000. Bank of New York Mellon Corp acquired a new position in shares of Amazon.com in the 2nd quarter valued at $16,341,405,000. Amundi grew its holdings in shares of Amazon.com by 3.9% during the 2nd quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock worth $15,211,393,000 after purchasing an additional 2,421,739 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of Amazon.com during the 2nd quarter worth $12,831,376,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

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

• Positive Sentiment: AWS growth accelerated sharply. Amazon Web Services revenue increased 39% to approximately $46 billion, its fastest growth in nearly five years, and management said growth could exceed 40% in 2027 and 2028. AWS remains Amazon’s primary earnings driver, accounting for a large share of operating profit. Amazon AWS revenue grows 39%, leading to wider margin
• Positive Sentiment: Analysts remain constructive on Amazon’s long-term AI and cloud opportunity. Bank of America reiterated a Buy rating and set a $317 price target, citing strong AWS momentum. CEO Andy Jassy also forecast that AWS and Amazon’s stores business could each eventually reach $1 trillion in annual revenue, while the company plans to launch initial Leo satellite-internet service this year. Amazon Price Target Trimmed to $317
• Neutral Sentiment: Amazon is expanding its AI infrastructure and automation capabilities. Jassy said Amazon has more than one million warehouse robots and expects automation to handle more repetitive work. The company also plans to sell its internally developed Trainium AI chips to customers outside AWS by late 2027, potentially creating a new revenue stream but requiring continued investment.
• Negative Sentiment: Amazon missed quarterly expectations. Third-quarter EPS was $1.89 versus consensus estimates near $1.97-$2.01, while revenue of $201.9 billion also fell modestly short of forecasts. Earnings declined from $1.95 a year earlier despite 12.1% revenue growth. Amazon projects fourth quarter sales below estimates
• Negative Sentiment: Capital spending is overwhelming near-term cash generation. Amazon reported negative free cash flow of roughly $42.4 billion over the past 12 months after spending $77.3 billion on property and equipment in the quarter. Its roughly $220 billion 2026 capital-expenditure outlook, alongside expectations for higher AI spending in 2027, has raised concerns about debt, profitability and the timing of investment returns. A cautious fourth-quarter revenue outlook added pressure ahead of the holiday season.

About Amazon.com

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.

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.