Jefferies Financial Group Reiterates "Buy" Rating for Amazon.com (NASDAQ:AMZN)

Key Points

• Jefferies reaffirmed a Buy on Amazon and multiple analysts have raised price targets, leaving a consensus rating of "Moderate Buy" with a consensus price target of $311.50.
• Amazon topped Q1 expectations, reporting $2.78 EPS versus $1.63 estimated and revenue of $181.52 billion, while its market capitalization sits near $2.93 trillion.
• Amazon launched Amazon Supply Chain Services to monetize its logistics network—creating a potential new revenue stream and competitive pressure on carriers—while heavy capex and recent insider selling pose near-term risks.

Amazon.com (NASDAQ:AMZN)'s stock had its "buy" rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Monday,MarketScreener reports.

Several other research analysts have also weighed in on AMZN. Benchmark increased their price objective on Amazon.com from $275.00 to $370.00 and gave the stock a "buy" rating in a research report on Thursday. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $330.00 price target (up from $280.00) on shares of Amazon.com in a research note on Thursday. Tigress Financial increased their price target on Amazon.com from $305.00 to $315.00 and gave the stock a "buy" rating in a report on Wednesday, March 25th. DZ Bank raised Amazon.com to a "strong-buy" rating in a research report on Friday, February 6th. Finally, Evercore boosted their price objective on shares of Amazon.com from $285.00 to $315.00 and gave the company an "outperform" rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fifty-five have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $311.50.

Amazon.com Price Performance

Shares of AMZN stock opened at $272.03 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The company has a market capitalization of $2.93 trillion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The firm's 50-day moving average is $223.63 and its two-hundred day moving average is $227.48. Amazon.com has a 12 month low of $183.85 and a 12 month high of $273.88.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly 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 business's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.59 EPS. Analysts predict that Amazon.com will post 7.71 earnings per share for the current year.

Insider Activity at Amazon.com

In related news, Director Jonathan Rubinstein sold 3,849 shares of the company's stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $260.00, for a total transaction of $1,000,740.00. Following the sale, the director directly owned 78,654 shares of the company's stock, valued at $20,450,040. This represents a 4.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 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 sale, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 128,035 shares of company stock worth $28,827,479 over the last ninety days. Company insiders own 8.90% of the company's stock.

Institutional Trading of Amazon.com

A number of large investors have recently modified their holdings of the stock. Fairway Wealth LLC raised its holdings in Amazon.com by 113.2% in the third 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 purchased a new position in Amazon.com in the third quarter worth approximately $27,000. MilWealth Group LLC grew its holdings in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after acquiring an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com in the 4th quarter valued at approximately $45,000. Finally, Elkhorn Partners Limited Partnership increased its position in shares of 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 purchasing an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com News Roundup

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

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.

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