Amazon.com: JP Morgan Keeps Overweight Rating, Raises PT to $265.

Amazon.com: JP Morgan Keeps Overweight Rating, Raises PT to $265.

Amazon.com (NASDAQ: AMZN) has received a positive update from JPMorgan Chase & Co., with the investment bank maintaining its "overweight" rating on the e-commerce giant's stock while raising its price target to $265. This new target represents a potential upside of 22.68% from the stock's current price [1].

The analyst, Doug Anmuth, who covers Amazon.com for JPMorgan, revised the price target upwards from $255 to $265. This adjustment reflects the firm's optimism regarding Amazon's future performance and growth prospects. The firm's current "overweight" rating suggests that they believe Amazon.com is undervalued and has significant upside potential [2].

This update comes amidst a broader trend of positive analyst sentiment towards Amazon.com. Several other analysts have also raised their price targets on the stock. For instance, BMO Capital Markets raised their target to $270, Cantor Fitzgerald to $280, and Monness Crespi & Hardt to $275 [1]. These positive ratings and target price increases indicate a strong consensus among analysts that Amazon.com is a solid investment.

Amazon.com reported its latest quarterly earnings on July 31, 2025, with earnings per share (EPS) of $1.68, beating analysts' consensus estimates by $0.37. The company's revenue for the quarter was $167.70 billion, up 13.3% year-over-year. These strong financial results further support the optimism expressed by analysts [1].

Institutional investors have also shown significant interest in Amazon.com, with hedge funds and other institutional investors owning 72.20% of the company's stock. Recently, Kingstone Capital Partners Texas LLC increased its stake by 542.7336%, and Norges Bank purchased a new position worth $27.266582 billion [1].

In summary, JPMorgan Chase & Co.'s updated rating and price target for Amazon.com reflect a positive outlook on the company's future performance. The strong financial results and positive analyst sentiment provide further support for this view. Investors should continue to monitor Amazon.com's progress and consider the broader market conditions when making investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/amazoncom-nasdaqamzn-stock-price-expected-to-rise-jpmorgan-chase-co-analyst-says-2025-08-01/
[2] https://www.marketscreener.com/news/amazon-com-inc-gets-a-buy-rating-from-jp-morgan-ce7c5fd2de89f327