Zacks Research Equities Analysts Boost Earnings Estimates for Amazon.com, Inc. (NASDAQ:AMZN)

Amazon.com, Inc. (NASDAQ:AMZN - Free Report) - Equities researchers at Zacks Research raised their Q4 2024 EPS estimates for shares of Amazon.com in a research note issued to investors on Thursday, August 22nd. Zacks Research analyst R. Department now forecasts that the e-commerce giant will earn $1.32 per share for the quarter, up from their previous forecast of $1.25. The consensus estimate for Amazon.com's current full-year earnings is $4.73 per share. Zacks Research also issued estimates for Amazon.com's Q2 2025 earnings at $1.31 EPS, Q3 2025 earnings at $1.33 EPS, Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $5.72 EPS, Q1 2026 earnings at $1.54 EPS and Q2 2026 earnings at $1.71 EPS.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.18. The company had revenue of $147.98 billion during the quarter, compared to analyst estimates of $148.63 billion. Amazon.com had a net margin of 7.35% and a return on equity of 22.35%.

A number of other brokerages have also issued reports on AMZN. Stifel Nicolaus cut their price objective on shares of Amazon.com from $228.00 to $224.00 and set a "buy" rating for the company in a report on Friday, August 2nd. Tigress Financial raised their target price on shares of Amazon.com from $210.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, May 30th. Robert W. Baird raised their target price on shares of Amazon.com from $210.00 to $213.00 and gave the company an "outperform" rating in a report on Friday, June 21st. Wedbush reissued an "outperform" rating and issued a $225.00 target price on shares of Amazon.com in a report on Friday, August 2nd. Finally, Wells Fargo & Company cut their target price on shares of Amazon.com from $232.00 to $225.00 and set an "overweight" rating for the company in a report on Monday. One investment analyst has rated the stock with a hold rating, forty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Buy" and a consensus price target of $221.36.

Amazon.com Stock Performance

Amazon.com stock traded down $1.54 during midday trading on Monday, hitting $175.50. The stock had a trading volume of 22,306,437 shares, compared to its average volume of 42,892,293. The firm's fifty day moving average is $183.61 and its two-hundred day moving average is $181.09. The company has a market capitalization of $1.83 trillion, a PE ratio of 49.16, a P/E/G ratio of 1.32 and a beta of 1.15. Amazon.com has a 52-week low of $118.35 and a 52-week high of $201.20. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now owns 2,056,534 shares of the company's stock, valued at $371,759,651.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now owns 2,056,534 shares of the company's stock, valued at $371,759,651.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 3,500 shares of the company's stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $177.29, for a total transaction of $620,515.00. Following the sale, the chief executive officer now directly owns 523,253 shares of the company's stock, valued at approximately $92,767,524.37. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,107,817 shares of company stock worth $1,221,241,837. 10.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Cooksen Wealth LLC acquired a new position in Amazon.com in the fourth quarter valued at about $30,000. PayPay Securities Corp lifted its position in shares of Amazon.com by 64.6% during the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after purchasing an additional 64 shares in the last quarter. Strid Group LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $43,000. Harbor Investment Advisory LLC lifted its position in shares of Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock worth $46,000 after purchasing an additional 1,988 shares in the last quarter. Finally, Clarity Asset Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 72.20% of the company's stock.

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.