Cowen Affirms Amazon (AMZN) at 'Outperform'; Thesis Unchanged Following Q3 Report

SunTrust Robinson Humphrey Remains Sidelined on Amazon.com (AMZN); Reiterates $850 Price Target

October 28, 2016 8:43 AM EDT

SunTrust Robinson Humphrey reiterated a Hold rating and $850.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Incremental margins for 3Q were just 2% on a consolidated basis. Retail incremental margins were -2% as North American margins expanded just 20bps and... More

Baird Reiterates Buy on Amazon.com (AMZN) Following 3Q

October 28, 2016 8:37 AM EDT

Baird reiterated an Outperform rating and $850.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. AMZN reported revenues of $32.7B, above Baird's expectations and in-line with consensus. 4Q16 revenue guidance of $42B-$45.5B was in-line with consensus of $44.6B,... More

Wedbush Remains Bullish on Amazon.com (AMZN) Following 3Q

October 28, 2016 8:23 AM EDT

Wedbush reiterated an Outperform rating and $900.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Revenue was $32.71 billion vs. the consensus of $32.69 billion, and guidance of $31.0 33.5 billion. EPS was $0.52 vs. the consensus of $0.78. 2016 EPS estimate were reduced to $5.06 from $6.00 prior, and operating income to $1.26 billion... More

Needham & Company Remains Sidelined on Amazon.com (AMZN) Following Mixed 3Q

October 28, 2016 8:06 AM EDT

Needham & Company reiterated a Hold rating on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. AMZN reported revenue of $32.7B, in-line with consensus. CSOI margin, or non-GAAP operating income margin was 4.2%, increasing y/y from 3.9%, but decreasing q/q from 6.9%, a significant... More

Amazon (AMZN) Bullish View Reiterated at Mizuho Despite Op Margin Pressure

October 28, 2016 7:55 AM EDT

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and $920 price target on Amazon.com (NASDAQ: AMZN)

The analyst commented, "Amazon may have just kissed op margin expansion good bye for the rest of this year and possibly for next year, as... More

Jefferies Reiterates Buy on Amazon.com (AMZN) Following Mixed Quarter

October 28, 2016 7:46 AM EDT

Jefferies reiterated a Buy rating and $950.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Net sales were up 29% Y/Y to $32.71B vs the Street's $32.69B. EPS of $0.52 came in below consensus at $0.77. 4Q guidance was below... More

Amazon (AMZN) PT Raised to $1250 at Susquehanna

October 28, 2016 7:15 AM EDT

Susquehanna analyst Shyam Patil reiterated a Positive rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $1,250.00 (from $950.00), saying 'we've seen this movie before."

Patel highlighted:

Our thoughts going forward and upcoming catalysts. Near-term profitability will be the main topic of discussion given the 3Q CSOI miss and lower than expected 4Q guide. The investment is heavier than normal and is likely to persist (though remain lumpy), but makes... More

Amazon.com (AMZN) Misses Q3 EPS by 26c

October 27, 2016 4:02 PM EDT

Amazon.com (NASDAQ: AMZN) reported Q3 EPS of $0.52, $0.26 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $32.7 billion versus the consensus estimate of $32.69 billion.

GUIDANCE:

Amazon.com sees Q4 2016 revenue of $42.0-45.5 million, versus the consensus of... More

Amazon.com (AMZN) Misses Q3 EPS by 26c, Offers Q4 Guidance

October 27, 2016 4:02 PM EDT

Amazon.com (NASDAQ: AMZN) reported Q3 EPS of $0.52, $0.26 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $32.7 billion versus the consensus estimate of $32.69 billion.

GUIDANCE:

Amazon.com sees Q4 2016 revenue of $42-45.5 billion, versus the consensus... More