Amazon (AMZN) Tops Q3 EPS by 6c, Offers Guidance
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Amazon.com (AMZN) PT Lowered to $136 at Monness, Crespi, Hardt
October 28, 2022 11:53 AM EDTMonness, Crespi, Hardt analyst Brian White lowered the price target on Amazon.com (NASDAQ: AMZN) to $136.00 (from $172.00) while maintaining a Buy rating.
The analyst commented, "Amazon reported mixed 3Q:22 results and issued a weak 4Q:22 outlook. Next up, Amazon will... More
Amazon.com (AMZN) PT Lowered to $125 at Benchmark
October 28, 2022 6:26 AM EDTBenchmark analyst Daniel Kurnos lowered the price target on Amazon.com (NASDAQ: AMZN) to $125.00 (from $160.00) while maintaining a Buy rating.
The analyst comments "Shares of Amazon (AMZN: Buy, PT from $160 to $125) initially plunged over 20% after hours following a largely in-line 3Q print but a shocking 4Q holiday revenue guide. Despite all the recent optimism from credit card companies, the travel sector and early... More
Amazon.com (AMZN) Sell-Off on EPS 'Well Overdone' - Goldman Sachs
October 27, 2022 5:02 PM EDTGoldman Sachs analyst Eric Sheridan weighed in on Amazon.com (NASDAQ: AMZN) following earnings, saying the 20% sell-off is "well overdone."
The analyst commented, "With Amazons stock down ~20% in after-hours trading, we see this reaction as well overdone in terms of its reported results & guidance when compared to investors expectations relative to Street estimates in the run up to this earnings report. We would have expected a small negative reaction... More
RBC Capital First Take on Amazon.com (AMZN) Q3 2022 Earnings
October 27, 2022 4:46 PM EDTRBC Capital analyst Brad Erickson reiterated an Outperform rating and $175.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "AMZN reported Q3 revenue in-line with the Street ($127.1B vs. Street at $127.4BE) and EPS above (+$0.28 vs. Street at +$0.22E) but... More
Amazon (AMZN) Tumbles 20% as Revenue Guidance Misses
October 27, 2022 4:15 PM EDTTech giant Amazon's (NASDAQ: AMZN) shares are down over 20% in after-hours trading on Thursday after the company released its third-quarter earnings with revenue and guidance missing analyst consensus expectations.
Amazon reported earnings of $0.28 per share, $0.06 better than the analyst estimate of $0.22, with revenue for the quarter coming in at $127.1 billion versus the... More
