Amazon (AMZN) PT Raised to $785 at UBS Amid Accelerating Flywheel

Amazon's (AMZN) Price Target Raised to $900 at Deutsche Bank

Deutsche Bank earlier maintained a Buy rating on Amazon.com (NASDAQ: AMZN) and raised its price target to $900.00 (from $800.00). Comments follow the release of strong Q1 results.

"AMZN got more than back on track in 1Q, with revenue and CSOI 4% and 50% above consensus.... More

Amazon (AMZN) PT Raised to $888 at Stifel

Stifel analyst Scott Devitt reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $888.00 (from $775.00) following an 'impressive' quarter with rising marigns.

Devitt commented, "Amazon reported an impressive quarter as revenue and margins exceeded our and consensus... More

Amazon (AMZN) PT Lifted to $780 at Baird Following 'Beat Across the Board'

Baird analyst Colin Sebastian raised his price target on Outperform-rated Amazon.com (NASDAQ: AMZN) to $780.00 (from $710.00) following Q1 results which beat across the board.

Sebastian commented, "Revenue of $29.1B(+29% Y/Y ex-FX vs. +26% Y/Y 4Q15) and CSOI of $1.66B handily beat consensus($28B... More

Amazon (AMZN) PT Raised to $880 at Credit Suisse

Credit Suisse analyst S. Ju reiterated an Outperform rating and raised his price target on Amazon.com (NASDAQ: AMZN) to $880.00 (from $800.00) following strong Q1.

Ju commented, "AMZN posted a better-than-expected 1Q16; revenue of $29.1b +29% x-FX was above our estimate, CSOI was $1.66b... More

Amazon (AMZN) PT Raised to $865 at Jefferies

Jefferies US Internet Team raised its price target on Amazon.com (NASDAQ: AMZN) to $865.00 (from $775.00) following strong Q1, with the Prime flywheel driving solid results.

The team commented, "Amazon reported another solid quarter with nice acceleration in revenue and unit growth. Guidance... More

Amazon (AMZN) PT Raised to $800 at RBC Capital

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $800.00 (from $715.00) in wake of Beat & Raise Q1 EPS results. He sees it as an Inflection Point Quarter.

Mahaney commented, "AMZN grew Q1 revenue 29% ex-FX to $29.1B, well ahead of the Street/RBC @$28B. Upside came from all three segments North... More

Amazon (AMZN) PT Raised to $810 at Mizuho Securities

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and boosted his price target on Amazon.com (NASDAQ: AMZN) to $810.00 (from $685.00) following strong Q1 results.

Doshi commented, "After a 4Q miss and lower, sentiment was mixed going into the 1Q... More

Cowen Lifts PT on Amazon.com (AMZN) to $830 Following Strong Q1, Outlook

Cowen and Company lifts its price target on Outperform-rated Amazon.com (Nasdaq: AMZN) from $750 up to $830 following strong Q1 results and outlook issued Thursday night.

Analyst John Blackledge commented, Total revenue was $29.1BN, +28% y/y (+29% y/y x-FX), $1.1BN or... More

Amazon profit crushes estimates as cloud-service revenue soars

By Sarah McBride and Narottam Medhora

(Reuters) - Amazon.com Inc (NASDAQ: AMZN) on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division.

The results draw a sharp contrast to the disappointing fourth quarter Amazon reported in January, which renewed worries among some shareholders about the company's comparatively thin profit margins. Shares of the world's biggest online retailer jumped nearly 13 percent to $679 in extended trading on Thursday.

Amazon.com (AMZN) Tops Q1 EPS by 49c; Issues Q2 Outlook

(Updated - April 28, 2016 4:03 PM EDT)

Amazon.com (NASDAQ: AMZN) reported Q1 operating EPS of $1.07, $0.49 better than the analyst estimate of $0.58. Revenue for the quarter came in at $29.1 billion versus the consensus estimate of $27.97 billion.

Second Quarter 2016... More