Wedbush Weighs in on Amazon.com's Q2 Earnings (NASDAQ:AMZN)

Key Points

• Wedbush analysts have raised their Q2 2025 earnings estimate for Amazon.com to $1.33 per share, up from a previous estimate of $1.29, maintaining an "Outperform" rating with a price target of $250.00.
• Amazon's latest quarterly earnings report showed an EPS of $1.68, exceeding expectations by $0.37, and total revenue of $167.70 billion, surpassing forecasts of $161.80 billion.
• Recent insider activity reveals that Jeffrey P. Bezos sold over 4.27 million shares of Amazon stock, totaling nearly $960.67 million, while insiders have sold 25.1 million shares within the last 90 days.

Amazon.com, Inc. (NASDAQ:AMZN - Free Report) - Research analysts at Wedbush increased their Q2 2025 earnings estimates for Amazon.com in a research note issued on Wednesday, July 30th. Wedbush analyst S. Devitt now forecasts that the e-commerce giant will earn $1.33 per share for the quarter, up from their previous forecast of $1.29. Wedbush currently has a "Outperform" rating and a $250.00 target price on the stock. The consensus estimate for Amazon.com's current full-year earnings is $6.31 per share. Wedbush also issued estimates for Amazon.com's FY2026 earnings at $7.66 EPS.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company posted $1.26 EPS. Amazon.com's revenue for the quarter was up 13.3% on a year-over-year basis.

Other equities analysts have also recently issued research reports about the stock. Pivotal Research increased their price target on shares of Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Friday. DA Davidson boosted their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the company a "buy" rating in a research report on Friday. The Goldman Sachs Group reissued a "buy" rating on shares of Amazon.com in a report on Friday. Needham & Company LLC set a $265.00 target price on Amazon.com and gave the company a "buy" rating in a research report on Friday. Finally, Bank of America increased their price target on Amazon.com from $265.00 to $272.00 and gave the stock a "buy" rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating, forty-seven have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $262.45.

Amazon.com Stock Down 0.8%

Shares of NASDAQ:AMZN traded down $1.62 during trading on Friday, hitting $213.13. The company's stock had a trading volume of 45,409,299 shares, compared to its average volume of 44,840,098. The company has a market capitalization of $2.26 trillion, a PE ratio of 32.47, a PEG ratio of 1.57 and a beta of 1.31. Amazon.com has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock's 50-day moving average price is $218.20 and its two-hundred day moving average price is $209.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tallon Kerry Patrick acquired a new position in Amazon.com during the 4th quarter valued at approximately $800,000. LaFleur & Godfrey LLC lifted its position in Amazon.com by 1.8% during the 4th quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant's stock worth $10,839,000 after acquiring an additional 860 shares during the period. Brighton Jones LLC grew its stake in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after purchasing an additional 986 shares during the last quarter. Finally, Bank Pictet & Cie Europe AG boosted its position in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total value of $609,059,211.06. Following the sale, the insider directly owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 25,099,537 shares of company stock valued at $5,674,394,548 in the last ninety days. 9.70% of the stock is owned by company insiders.

Amazon.com Company Profile

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.