Amazon.Com, Inc. (AMZN) Boosts Stake by 1,175,382 Shares: Viking Global Investors LP

Viking Global Investors LP, managed by Andreas Halvorsen, has increased its stake in Amazon by 1,175,382 shares. Amazon's strong financial performance and strategic advancements drive its Outperform stock rating. However, technical analysis and valuation suggest caution. Despite this, Amazon's innovation and market leadership position it well for future growth.

Viking Global Investors LP, managed by Andreas Halvorsen, has significantly increased its stake in Amazon.com, Inc. (AMZN) by 1,175,382 shares [1]. This move follows a period of robust financial performance and strategic advancements by Amazon, which has been reflected in its Outperform stock rating. However, technical analysis and valuation metrics suggest a need for caution among investors.

Amazon's recent expansion of its same-day grocery delivery service to over 1,000 cities underscores its commitment to dominating the $1.6 trillion U.S. grocery market [2]. This strategic move positions Amazon to capture a larger share of the market, building on its impressive $100 billion in gross grocery and household essential sales in 2024. The company's integration of fresh perishable items into its existing Same-Day Delivery infrastructure has created a seamless shopping experience, making it an attractive alternative to traditional grocery shopping.

Despite Amazon's strong performance, technical analysis and valuation metrics indicate potential risks. The stock has seen significant gains over the past decade, with a 1,025% increase from 2014 to 2024, and a 150.70% surge from March 2020 to December 2024 [3]. However, the company faced challenges in 2022 and swung to a surprise loss. Additionally, Amazon's market share in cloud computing is at risk of being eroded by competitors like Microsoft and Google, which could impact its overall performance.

The future of Amazon's stock price is uncertain, with estimates ranging from $431 in a bull case to $77 in a bear case by 2030 [3]. The company's continued innovation and market leadership position it well for future growth, but investors should remain vigilant about potential risks.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3U61GS:0-viking-global-investors-dissolves-share-stake-in-unitedhealth-netflix/
[2] https://www.theglobeandmail.com/investing/markets/stocks/WMT/pressreleases/34184680/amazon-expands-same-day-grocery-delivery-to-steer-competition/
[3] https://247wallst.com/forecasts/2025/08/15/amazon-amzn-stock-price-prediction-in-2030-bull-base-bear-forecasts/