Telsey Advisory Group Reiterates "Outperform" Rating for Amazon.com (NASDAQ:AMZN)

Key Points

• Telsey Advisory Group has reiterated an "outperform" rating for Amazon.com (NASDAQ:AMZN) with a price target of $265.00, suggesting a potential upside of 20.07%.
• Amazon's latest earnings report showed a net revenue of $167.70 billion, exceeding expectations and representing a 13.3% year-over-year increase in revenue.
• Institutional ownership of Amazon.com stands at 72.20%, indicating significant confidence from professional investors.

Amazon.com (NASDAQ:AMZN)'s stock had its "outperform" rating reissued by investment analysts at Telsey Advisory Group in a note issued to investors on Wednesday,Benzinga reports. They currently have a $265.00 price objective on the e-commerce giant's stock. Telsey Advisory Group's price target would suggest a potential upside of 20.07% from the company's previous close.

Several other equities research analysts also recently weighed in on AMZN. Evercore ISI reissued an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Citizens Jmp began coverage on shares of Amazon.com in a research note on Thursday, July 10th. They issued a "strong-buy" rating on the stock. Truist Financial increased their target price on shares of Amazon.com from $250.00 to $270.00 and gave the company a "buy" rating in a research note on Tuesday, September 16th. Citigroup reissued an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of "Buy" and an average target price of $264.04.

Amazon.com Price Performance

AMZN stock opened at $220.71 on Wednesday. Amazon.com has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a fifty day simple moving average of $227.74 and a two-hundred day simple moving average of $209.76. The firm has a market capitalization of $2.35 trillion, a P/E ratio of 33.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com's quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Analysts anticipate that Amazon.com will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the completion of the sale, the chief executive officer owned 518,007 shares of the company's stock, valued at $115,769,384.43. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 10.80% of the company's stock.

Institutional Trading of Amazon.com

Institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after acquiring an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG increased its holdings in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE increased its holdings in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new stake in Amazon.com in the 4th quarter worth $2,153,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

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