Q3 Earnings Estimate for Amazon.com Issued By Zacks Research
Zacks Research has increased its Q3 2027 EPS estimates for Amazon.com from $1.94 to $2.45, maintaining a "Strong-Buy" rating. Amazon's recent earnings exceeded expectations, with $1.95 EPS against a $1.57 estimate, and revenue of $180.17 billion. Analysts have generally rated Amazon as a "Moderate Buy" with a target price of $294.70. Insider trading activities and institutional investments in Amazon are also highlighted.
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Amazon.com, Inc. (NASDAQ:AMZN - Free Report) - Equities researchers at Zacks Research boosted their Q3 2027 earnings per share (EPS) estimates for Amazon.com in a research note issued on Tuesday, November 18th. Zacks Research analyst Team now anticipates that the e-commerce giant will post earnings of $2.45 per share for the quarter, up from their prior estimate of $1.94. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Amazon.com's current full-year earnings is $6.31 per share.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to analysts' expectations of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS.
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A number of other analysts have also weighed in on AMZN. Jefferies Financial Group reissued a "buy" rating on shares of Amazon.com in a report on Monday, October 20th. Daiwa Capital Markets increased their price objective on Amazon.com from $254.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday, November 11th. Wells Fargo & Company lifted their target price on Amazon.com from $280.00 to $292.00 and gave the company an "overweight" rating in a research note on Friday, October 31st. Pivotal Research upped their price target on Amazon.com from $285.00 to $300.00 and gave the company a "buy" rating in a research note on Friday, October 31st. Finally, Robert W. Baird set a $285.00 price target on Amazon.com and gave the company an "outperform" rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and an average target price of $294.70.
View Our Latest Stock Report on AMZN
Amazon.com Price Performance
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AMZN traded up $3.73 during midday trading on Thursday, hitting $226.42. The company had a trading volume of 8,974,471 shares, compared to its average volume of 45,087,430. Amazon.com has a twelve month low of $161.38 and a twelve month high of $258.60. The company has a market capitalization of $2.42 trillion, a PE ratio of 34.48, a P/E/G ratio of 1.52 and a beta of 1.29. 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 firm's 50-day simple moving average is $228.17 and its 200-day simple moving average is $221.51.
Insider Buying and Selling
In other news, CEO Douglas J. Herrington sold 4,784 shares of the company's stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $232.71, for a total value of $1,113,284.64. Following the completion of the sale, the chief executive officer directly owned 498,182 shares of the company's stock, valued at $115,931,933.22. This represents a 0.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the sale, the director owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 56,927 shares of company stock worth $13,630,068. Company insiders own 10.80% of the company's stock.
Institutional Investors Weigh In On Amazon.com
Several large investors have recently bought and sold shares of AMZN. Fairway Wealth LLC lifted 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 buying an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new stake in Amazon.com during the 3rd quarter worth about $27,000. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the 2nd quarter worth about $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at about $36,000. Finally, Maryland Capital Advisors Inc. boosted its position in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 72.20% of the company's stock.
Amazon.com Company Profile
(Get Free Report)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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