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

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

July 24, 2015 10:35 AM EDT

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

July 24, 2015 10:14 AM EDT

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

July 24, 2015 10:05 AM EDT

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

Amazon (AMZN) PT Lifted to $630 at Baird on 'Pristine' Quarter

July 24, 2015 9:00 AM EDT

Baird analyst Colin Sebastian reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $630.00 (from $475.00) following a "pristine quarter almost across the board."

Sebastian commented, "While Amazon was increasing seen as a consensus long following the surprise AWS... More

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

July 24, 2015 8:18 AM EDT

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'

July 24, 2015 7:54 AM EDT

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

July 24, 2015 7:40 AM EDT

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

July 24, 2015 7:17 AM EDT

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

July 24, 2015 7:11 AM EDT

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

July 24, 2015 7:00 AM EDT

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

July 24, 2015 6:37 AM EDT

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.

... More

Amazon (AMZN) PT Lifted to $650 at RBC Capital

July 24, 2015 6:37 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Amazon (NASDAQ: AMZN) to $650.00 (from $500.00) following materially stronger than expected Q2 results.

Keys to the quarter, according to Mahaney: 1)Revenue Growth Acceleration The Media, Electronics & General Merchandise, and AWS... More

Barclays Upgrades Amazon.com (AMZN) to Overweight

July 24, 2015 6:36 AM EDT

Barclays upgraded Amazon.com (NASDAQ: AMZN) from Equalweight to Overweight with a price target of $700.00.

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.

... More

Amazon (AMZN) Skyrockets on Surprise Q2 Profit

July 23, 2015 4:37 PM EDT

Amazon.com (NASDAQ: AMZN) is surging $83, or 17%, after-hours Thursday after the online retailing giant posted a healthy profit in the second quarter versus an expected.

EPS for the quarter was $0.19 per diluted share, versus a loss of $0.27 per diluted share... More

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

July 23, 2015 4:09 PM EDT

(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