Amazon.com’s financial outlook for the second quarter has received a significant uplift, with leading research firm Wedbush notably increasing its earnings per share estimates, signaling robust confidence in the e-commerce titan’s performance. This upward revision by Wedbush analyst S. Devitt underscores a prevailing bullish sentiment among market watchers regarding Amazon’s near-term profitability, especially as the company navigates a dynamic global economic landscape.
Specifically, Wedbush has now projected Amazon to achieve earnings of $1.33 per share for Q2 2025, a notable increase from their previous forecast of $1.29. This optimistic revision is supported by an “Outperform” rating on AMZN stock and an ambitious price objective of $250.00, reflecting Wedbush’s strong conviction in Amazon’s continued growth trajectory and market leadership. The consensus for Amazon’s full-year earnings currently stands at $6.31 per share, with Wedbush also issuing forward-looking estimates for FY2026 at $7.66 EPS.
The positive sentiment extends beyond Wedbush, as several other prominent research analysts have also weighed in on Amazon. Cowen and Rosenblatt Securities reiterated “buy” ratings, with Rosenblatt even raising its target price to $297.00. Citigroup similarly lifted its target price to $270.00 while maintaining a “buy” rating. Although Oppenheimer adjusted its price target slightly downwards to $245.00, it still maintained an “outperform” rating, and UBS Group reiterated its “buy” rating with an increased price objective of $271.00, collectively painting a picture of strong analyst support for the tech giant.
Amazon’s actual second-quarter earnings results further validated these optimistic projections, with the e-commerce powerhouse reporting a remarkable $1.68 earnings per share. This figure comfortably surpassed the consensus estimate of $1.31 by a significant margin of $0.37, demonstrating the company’s strong operational efficiency and revenue generation capabilities. The report also highlighted Amazon’s robust financial health, with a net margin of 10.54% and an impressive return on equity of 24.90%, alongside quarterly revenue reaching $167.70 billion, exceeding analysts’ expectations.
Recent insider trading activity has also drawn attention, with a notable sale of over 2.6 million shares by an insider for a total value exceeding $609 million. While this transaction represents a fractional decrease in the insider’s overall position, it is a routine disclosure in corporate finance and highlights the substantial value held by key individuals within the company, with insiders collectively owning 9.70% of Amazon’s stock.
Furthermore, institutional investors continue to show strong interest in Amazon.com shares, with numerous hedge funds recently establishing or increasing their stakes in the company. Firms like Castlekeep Investment Advisors, Prudent Man Investment Management, and Carderock Capital Management are among those that acquired new positions, contributing to the substantial 72.20% ownership by institutional entities, underscoring broad market confidence in Amazon’s long-term potential.
Amazon.com, Inc. operates as a global leader in retail consumer products, advertising, and subscription services, leveraging its extensive online and physical store presence across North America and internationally. The company’s diversified operations are strategically structured into three key segments: North America, International, and the highly profitable Amazon Web Services (AWS), which continues to drive significant growth. Beyond retail and cloud computing, Amazon also innovates in hardware, developing and selling popular electronic devices such as Kindle, Fire tablets, and Echo, alongside producing original media content, solidifying its position as a multifaceted technology and commerce powerhouse.
