Wedbush Has Pessimistic Outlook of Amazon.com Q1 Earnings
Amazon.com, Inc. (NASDAQ:AMZN - Free Report) - Wedbush cut their Q1 2025 earnings estimates for shares of Amazon.com in a research note issued on Friday, February 7th. Wedbush analyst S. Devitt now expects that the e-commerce giant will post earnings of $1.47 per share for the quarter, down from their previous forecast of $1.49. Wedbush currently has a "Outperform" rating and a $280.00 target price on the stock. The consensus estimate for Amazon.com's current full-year earnings is $6.24 per share. Wedbush also issued estimates for Amazon.com's Q2 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.95 EPS, FY2025 earnings at $6.64 EPS and FY2026 earnings at $7.79 EPS.
Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 25.49%.
A number of other equities research analysts have also recently issued reports on the stock. BMO Capital Markets reissued an "outperform" rating and issued a $236.00 price target on shares of Amazon.com in a research note on Tuesday, December 3rd. HSBC lifted their price target on shares of Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, January 13th. Raymond James lifted their price target on shares of Amazon.com from $230.00 to $260.00 and gave the company a "strong-buy" rating in a research note on Tuesday, January 21st. Scotiabank lifted their price target on shares of Amazon.com from $246.00 to $306.00 and gave the company a "sector outperform" rating in a research note on Friday, January 24th. Finally, TD Cowen lifted their price target on shares of Amazon.com from $240.00 to $265.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $260.20.
Read Our Latest Report on Amazon.com
NASDAQ:AMZN opened at $229.15 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The firm has a market cap of $2.41 trillion, a price-to-earnings ratio of 41.44, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15. The company has a 50 day moving average price of $226.93 and a 200-day moving average price of $200.72. Amazon.com has a 1-year low of $151.61 and a 1-year high of $242.52.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rench Wealth Management Inc. boosted its holdings in Amazon.com by 7.9% in the third quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock valued at $9,392,000 after purchasing an additional 3,703 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in Amazon.com by 9.7% in the third quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant's stock valued at $34,395,000 after purchasing an additional 16,392 shares in the last quarter. Blankinship & Foster LLC boosted its holdings in Amazon.com by 216.4% in the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock valued at $1,291,000 after purchasing an additional 4,740 shares in the last quarter. Umpqua Bank boosted its holdings in Amazon.com by 0.4% in the third quarter. Umpqua Bank now owns 35,120 shares of the e-commerce giant's stock valued at $6,544,000 after purchasing an additional 137 shares in the last quarter. Finally, One Wealth Capital Management LLC acquired a new position in Amazon.com in the fourth quarter valued at approximately $4,270,000. 72.20% of the stock is owned by institutional investors and hedge funds.
In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the business's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the transaction, the director now directly owns 24,912 shares of the company's stock, valued at approximately $4,958,982.72. The trade was a 4.73 % 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. Also, Director Jonathan Rubinstein sold 4,351 shares of the business's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now directly owns 88,203 shares of the company's stock, valued at approximately $20,273,459.55. This represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,850 shares of company stock worth $6,168,581 over the last three months. Company insiders own 10.80% of the company's stock.
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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