Goldman Sachs maintains a “Buy” rating for Amazon (NASDAQ:AMZN), with a current stock price of $190.63.
Jeff Bezos plans to sell up to $4.75 billion worth of Amazon stock, following a previous sale of $13.4 billion.
Amazon reports a 9% increase in revenue for the first quarter of 2025, reaching $155.7 billion, with a profit of $17.1 billion.
Amazon.com Inc. (NASDAQ: AMZN) is a global leader in e-commerce and cloud computing. Founded by Jeff Bezos, Amazon has grown exponentially since its initial public offering in 1997. The company is part of the “Magnificent 7,” a group of influential tech companies, and holds the fourth-largest market capitalization among publicly traded companies.
On May 2, 2025, Goldman Sachs maintained its “Buy” rating for Amazon, with the stock priced at $190.63. Despite this positive outlook, Amazon’s performance has been mixed. A recent jobs report and changes in China’s economic stance led to aggressive stock buying, but Amazon and Apple did not meet investor expectations, causing disappointment.
Jeff Bezos plans to sell up to $4.75 billion worth of Amazon stock over the next year. This decision follows his previous sale of $13.4 billion in Amazon stock last year. Bezos remains the world’s second richest person, with a net worth of $212 billion, trailing Elon Musk.
Amazon’s first-quarter earnings for 2025 showed a 9% increase in revenue, reaching $155.7 billion, and a profit of $17.1 billion. Despite these strong financial results, concerns about potential trade tariffs impacted the stock, leading to a decline in after-hours trading.
Amazon’s stock price has seen significant growth over the years. From 2014 to 2024, the stock surged by more than 1,025%. Currently, the stock is priced at $190.97, with a market capitalization of approximately $2.03 trillion.
