Across the recent three months, 39 analysts have shared their insights on Amazon.com AMZN, expressing a variety of opinions spanning from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 18 | 21 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 4 | 0 | 0 | 0 |
| 2M Ago | 12 | 15 | 0 | 0 | 0 |
| 3M Ago | 5 | 2 | 0 | 0 | 0 |
Analysts have recently evaluated Amazon.com and provided 12-month price targets. The average target is $224.15, accompanied by a high estimate of $265.00 and a low estimate of $200.00. Witnessing a positive shift, the current average has risen by 1.26% from the previous average price target of $221.36.
Breaking Down Analyst Ratings: A Detailed Examination
In examining recent analyst actions, we gain insights into how financial experts perceive Amazon.com. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Laura Martin | Needham | Maintains | Buy | $210.00 | $210.00 |
| Deepak Mathivanan | Cantor Fitzgerald | Announces | Overweight | $230.00 | - |
| Deepak Mathivanan | Cantor Fitzgerald | Announces | Overweight | $230.00 | - |
| Nicholas Jones | JMP Securities | Raises | Market Outperform | $265.00 | $245.00 |
| Ken Gawrelski | Wells Fargo | Lowers | Overweight | $225.00 | $232.00 |
| Brian Nowak | Morgan Stanley | Lowers | Overweight | $210.00 | $240.00 |
| Barton Crockett | Rosenblatt | Raises | Buy | $221.00 | $220.00 |
| Brad Erickson | RBC Capital | Maintains | Outperform | $215.00 | $215.00 |
| Nicholas Jones | JMP Securities | Raises | Market Outperform | $245.00 | $225.00 |
| Tom Forte | Maxim Group | Raises | Buy | $251.00 | $238.00 |
| Justin Post | B of A Securities | Lowers | Buy | $210.00 | $220.00 |
| Rohit Kulkarni | Roth MKM | Raises | Buy | $215.00 | $210.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $200.00 | $200.00 |
| Ross Sandler | Barclays | Raises | Overweight | $235.00 | $220.00 |
| Thomas Champion | Piper Sandler | Lowers | Overweight | $215.00 | $220.00 |
| Scott Devitt | Wedbush | Maintains | Outperform | $225.00 | $225.00 |
| Brent Thill | Jefferies | Lowers | Buy | $225.00 | $235.00 |
| Mark Kelley | Stifel | Lowers | Buy | $224.00 | $228.00 |
| Doug Anmuth | JP Morgan | Lowers | Overweight | $230.00 | $240.00 |
| Eric Sheridan | Goldman Sachs | Lowers | Buy | $230.00 | $250.00 |
| Nicholas Jones | JMP Securities | Maintains | Market Outperform | $225.00 | $225.00 |
| Stephen Ju | UBS | Raises | Buy | $224.00 | $217.00 |
| Scott Devitt | Wedbush | Maintains | Outperform | $225.00 | $225.00 |
| Brian Pitz | BMO Capital | Raises | Outperform | $230.00 | $220.00 |
| Brian Nowak | Morgan Stanley | Raises | Overweight | $240.00 | $220.00 |
| Nicholas Jones | JMP Securities | Maintains | Market Outperform | $225.00 | $225.00 |
| Mark Shmulik | Bernstein | Raises | Outperform | $215.00 | $210.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $230.00 | $220.00 |
| Laura Martin | Needham | Raises | Buy | $210.00 | $205.00 |
| Ross Sandler | Barclays | Lowers | Overweight | $220.00 | $230.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $200.00 | $200.00 |
| Shweta Khajuria | Wolfe Research | Announces | Outperform | $250.00 | - |
| John Blackledge | TD Cowen | Raises | Buy | $245.00 | $225.00 |
| Rohit Kulkarni | Roth MKM | Maintains | Buy | $210.00 | $210.00 |
| Laura Martin | Needham | Maintains | Buy | $205.00 | $205.00 |
| Laura Martin | Needham | Maintains | Buy | $205.00 | $205.00 |
| Ken Gawrelski | Wells Fargo | Raises | Overweight | $239.00 | $234.00 |
| Justin Post | B of A Securities | Raises | Buy | $220.00 | $210.00 |
| Colin Sebastian | Baird | Raises | Outperform | $213.00 | $210.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Amazon.com. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Amazon.com compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Amazon.com's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Amazon.com's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Amazon.com analyst ratings.
About Amazon.com
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Amazon.com: A Financial Overview
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Amazon.com's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 10.12%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Amazon.com's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.11% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Amazon.com's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.95%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.48%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.56, Amazon.com adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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