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Amazon Stock: Bezos Sells Shares as Analysts Raise Targets

Published 21 hours ago2 minute read

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Amazon recently installed its millionth robot in its logistics centers while simultaneously launching "DeepFleet," a new AI technology that functions as an intelligent traffic management system for the e-commerce giant's entire supply chain. This automation milestone comes as analysts from Truist have raised their price target for Amazon shares from $226 to $250, maintaining their buy recommendation. The experts predict second-quarter revenues of $164.2 billion, an 11% increase that exceeds both the consensus estimate of $162 billion and the upper end of Amazon's own guidance. The company's North American business is expected to perform particularly strongly with projected revenues of $99.6 billion, significantly above the consensus estimate of $97.2 billion. Additionally, Truist forecasts an operating profit of $17.4 billion, representing a 10.6% margin and surpassing the consensus of $16.7 billion.

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Meanwhile, Jeff Bezos continues his systematic divestment from Amazon, selling over 3.3 million shares worth approximately $736.7 million last week. This transaction is part of a trading plan agreed upon in March, which allows Bezos to sell up to 25 million Amazon shares by May 2026. Earlier in 2024, Bezos had already divested Amazon stock worth $5 billion as the share price reached record highs. After the recent sale, Bezos still holds about 905.4 million shares of the e-commerce company. Despite these ongoing sales and concerns about potential trade barriers under the current administration that have kept Amazon's stock relatively flat in 2025, many analysts maintain a positive outlook on the company, with Wolfe Research including Amazon on their list of top recommendations for the second half of 2025.

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