Amazon (AMZN) Skyrockets on Surprise Q2 Profit

Amazon (AMZN) PT Raised to $740 at Morgan Stanley; Bull Case Moves to $860

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $740.00 (from $520.00) following blow-out earnings after the close.

Nowak noted "accelerating core business (in all 4 segments), improving profitability and AWS posting 80%+ growth speaks to the strength of Amazon's businesses and ability to continue... More

JPMorgan Lifts PT on Amazon (AMZN) to $710; Accelerating Growth and Profit Upside

JPMorgan analyst Doug Anmuth reiterated an Overweight rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $710.00 (from $535.00) following strong Q2 results on accelerating growth and profit upside.

Anmuth commented, "Amazon delivered another quarter of very strong results with accelerating FXN revenue growth of 27% and significant CSOI... More

Canaccord Genuity Raises Price Target to $525 on Amazon.com (AMZN) Following 2Q Results

Canaccord Genuity reiterates a Hold rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $525.00 (from $400.00), following 2Q earnings. AMZN exceeded expectations on nearly every line, with a notable 16% beat on AWS revenue.

Analyst Michael Graham commented, "Amazon's Q2 results were... More

Wedbush Raises Price Target on Amazon.com (AMZN) Following 2Q EPS Beat

Wedbush reiterated an Outperform rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $700.00 (from $575.00), following 2Q15. Revenue was $23.2 billion, vs. consensus estimate of $22.4 billion. EPS was $0.19, vs. the consensus estimate of $(0.14).

Analyst Michael Pachter commented, "Unexpected profits well... More

Amazon (AMZN) PT Raised to $700 at Nomura Securities; 'Christmas in July'

Nomura Securities analyst Robert Drbul reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $700.00 (from $500.00) following Q2 results

Drbul commented, "AMZN 2Q revenue and profitability came in largely ahead of expectations. We believe that the benefits of... More

Amazon (AMZN) PT Raised to $500 at SunTrust Robinson Humphrey

SunTrust Robinson Humphrey analyst Robert Peck bumped his price target on Amazon.com (NASDAQ: AMZN) to $500.00 (from $475.00) following Q2 results but maintained his Neutral rating.

Peck commented, "The 2Q results were an "A+", hallmarked by three main points: 1) Top line results accelerated... More

Amazon (AMZN) PT Lifted to $700 at Credit Suisse Amid Strong Q2

Credit Suisse analyst S. Ju reiterated an Outperform rating and boosted its price target on Amazon.com (NASDAQ: AMZN) to $700.00 (from $480.00) following better-than-expected 2Q15 results.

Ju noted, "Revenue of $23.2b +27% x-FX was modestly above our est, CSOI was $1.08b (vs. $404mm in 2Q14)... More

Amazon (AMZN) PT Raised to $585 at Evercore ISI; AWS and Retail Drive Upside

Evercore ISI analyst Ken Sena boosted his price target Amazon.com (NASDAQ: AMZN) to $585.00 (from $460.00) following blowout results, but maintained a Hold rating.

Sena commented, "AWS revenue growth accelerated to 81%, lapping prior year pricing cuts and supporting the notion that efforts by competitors are having... More

Cantor Fitzgerald Raised Price Target to $670 on Amazon.com (AMZN) Following 2Q EPS Beat

Cantor Fitzgerald reiterated a Buy rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $670.00 (from $460.00), following 2Q15 results. Revenue was $23.2B vs. consensus of $22.4B. EPS came in at $0.19, exceeding expectations of -$0.14.

Analyst Youssef Squali commented, "AMZN delivered exceptionally strong... More

B. Riley Upgrades Amazon.com (AMZN) to Buy

B. Riley upgraded Amazon.com (NASDAQ: AMZN) from Neutral to Buy with a price target of $646.00.

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 $482.18 yesterday.

Cowen Boosts Amazon (AMZN) PT to $700; Accelerating Revenue, Strong Guidance Bolster Confidence

Cowen and Company lifts its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $665 to $700 following strong Q2 results issued after markets closed on Thursday.

Analyst John Blackledge summarized, AMZN reported a break-out qtr with revs beating the high-end of guidance and 2 percent above our est. driven by accelerating EGM and AWS topline growth, while margins... More

Amazon (AMZN) Execution 'Flawless' in Q2, Mizuho Says; PT Up to $645

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $645.00 (from $498.00) following strong Q2 results.

Doshi commented, "Amazon's 2Q execution was about as flawless as one could hope for. Revenue growth (ex-FX)... More

Amazon.com (AMZN) Posts Q2 GAAP EPS of 19c; Issues Q3 Outlook

(Updated - July 23, 2015 4:11 PM EDT)

Amazon.com (NASDAQ: AMZN) reported Q2 EPS of $0.19, $0.33 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $23.18 billion versus the consensus estimate of $22.39 billion.

Financial Guidance

The following forward-looking statements... More