Amazon.com Announces First Quarter Sales up 15% to $22.72 Billion

Argus Downgrades Amazon.com (AMZN) to Hold

Argus downgraded Amazon.com (NASDAQ: AMZN) from Buy to Hold amid the recent strong run-up in the stock.

The firm notes shares are up 43% this year compared to the S&Ps less than 3% return. They view the stock as fairly valued at... More

Amazon (AMZN) Price Target Lifted to $510 at Goldman Sachs; Accelerating Revenue Growth

Goldman Sachs analyst Heath Terry reiterated a Conviction List Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $510.00 (from $450.00) following Q1 results.

Terry commented, "Amazon reported 1Q revenue of $22.7bn (+15.1% yoy vs. +14.6% in 4Q), above consensus of $22.4bn. FX-neutral... More

Amazon (AMZN) PT Lifted to $435 at Wedbush; Impressive AWS Profits

Wedbush analyst Michael Pachter raised his price target on Amazon.com (NASDAQ: AMZN) to $435.00 (from $395.00) following results but stopped short of upgrading the stock and maintained a Neutral rating.

Pachter noted results were at the high end of guidance, and generally in... More

Amazon (AMZN) PT to $460 at Cantor Fitzgerald; Domestic Strong and AWS 'Delights'

Cantor Fitzgerald analyst Youssef Squali reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $460.00 (from $385.00) following results. The analyst noted domestic growth offsets international weakness. Also AWS delighted.

Squali commented, "AMZN delivered solid 1Q results that... More

Amazon (AMZN) PT Raised to $460 at Evercore ISI; AWS More Profitable Than Expected

Evercore ISI analyst Ken Sena reiterated a Buy rating and upped his price target on Amazon.com (NASDAQ: AMZN) to $460.00 (from $415.00) following results.

Sena commented, "Amazon revealed a more profitable AWS business than expected, consequently revealing lower margins for its retail business in... More

Amazon (AMZN) Target Raised to $415 by SunTrust's Peck But Remains on the Sidelines

SunTrust Robinson Humphrey analyst Robert Peck raised his price target on Amazon.com (NASDAQ: AMZN) to $415.00 (from $370.00) following results but stopped short of upgrading the stock and maintained a Neutral rating.

Peck's Points: "1) Total Gross profits grew 29% (ex AWS+Other +25%), with record gross margins at 32% driven by strength in 3P sellers (now 44% of units), as well as EGM; 2) New segment breakout highlights... More

Janney Capital Upgrades Amazon.com (AMZN) to Buy

Janney Capital upgraded Amazon.com (NASDAQ: AMZN) from Neutral to Buy with a price target of $488.00.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $389.99 yesterday.

JPMorgan Upgrades Amazon.com (AMZN) to Overweight

JPMorgan upgraded Amazon.com (NASDAQ: AMZN) from Neutral to Overweight with a price target of $535.00.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $389.99 yesterday.

Raymond James Upgrades Amazon.com (AMZN) to Outperform

Raymond James upgraded Amazon.com (NASDAQ: AMZN) from Market Perform to Outperform with a price target of $485.00.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.com closed at $389.99 yesterday.

Amazon (AMZN) PT Raised to $465 at Baird; Robust AWS Margins Stole the Show

Baird analyst Colin Sebastian reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $465.00 (from $425.00) following Q1 results which he said showed a surprise beat on both revenue and CSOI, and robust AWS margins that stole the show.

Sebastian... More

Amazon (AMZN) PT Raised to $500 at RBC Capital

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $500.00 (from $400.00) following results after the close.

Quarter Keys: 1) Revenue Growth AccelerationAcross The Board The Media, Electronics & General Merchandise, and AWS segments each... More

Amazon.com (AMZN) Tops Q1 EPS by 1c, Sales Beat

Amazon.com (NASDAQ: AMZN) reported Q1 EPS of ($0.12), $0.01 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $22.72 billion versus the consensus estimate of $22.39 billion.

Amazon.com sees Q2 2015 revenue of $20.6-22.8 billion, versus the consensus of $22.12... More