Wedbush Has Pessimistic Outlook of Amazon.com Q2 Earnings

Amazon.com, Inc. (NASDAQ:AMZN) – Analysts at Wedbush cut their Q2 2025 earnings per share estimates for shares of Amazon.com in a note issued to investors on Friday, May 2nd. Wedbush analyst S. Devitt now forecasts that the e-commerce giant will post earnings of $1.29 per share for the quarter, down from their previous estimate of $1.35. Wedbush has a “Outperform” rating and a $235.00 price objective on the stock. The consensus estimate for Amazon.com’s current full-year earnings is $6.31 per share. Wedbush also issued estimates for Amazon.com’s FY2026 earnings at $7.53 EPS.

A number of other research firms also recently weighed in on AMZN. Evercore ISI cut their price target on shares of Amazon.com from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday. Deutsche Bank Aktiengesellschaft cut their target price on Amazon.com from $287.00 to $206.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. The Goldman Sachs Group lowered their price target on Amazon.com from $255.00 to $220.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Mizuho cut their price objective on Amazon.com from $285.00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. Finally, Loop Capital boosted their target price on Amazon.com from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Four analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $243.55.

Amazon.com Trading Down 1.9 %

Shares of AMZN stock opened at $186.35 on Monday. The firm’s 50-day simple moving average is $189.92 and its 200-day simple moving average is $208.04. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com has a 1-year low of $151.61 and a 1-year high of $242.52. The firm has a market cap of $1.98 trillion, a P/E ratio of 33.70, a PEG ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 earnings per share.

Institutional Investors Weigh In On Amazon.com

Hedge funds have recently added to or reduced their stakes in the stock. Swedbank AB increased its stake in shares of Amazon.com by 1.4% in the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after purchasing an additional 183,610 shares during the period. Sassicaia Capital Advisers LLC acquired a new stake in Amazon.com in the 3rd quarter valued at approximately $279,000. Howard Capital Management Group LLC raised its stake in Amazon.com by 0.3% during the 3rd quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after acquiring an additional 897 shares in the last quarter. Principal Financial Group Inc. boosted its position in Amazon.com by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant’s stock worth $3,757,589,000 after acquiring an additional 984,570 shares during the period. Finally, StoneX Group Inc. grew its stake in shares of Amazon.com by 12.9% in the third quarter. StoneX Group Inc. now owns 88,218 shares of the e-commerce giant’s stock worth $16,438,000 after purchasing an additional 10,087 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $190.67, for a total value of $476,675.00. Following the transaction, the chief executive officer now owns 506,974 shares of the company’s stock, valued at $96,664,732.58. This trade represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 107,298 shares of company stock valued at $23,818,478. Company insiders own 9.70% of the company’s stock.

Amazon.com Company Profile

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.