Wall Street analysts think Amazon is only at the beginning of a new era of growth.
Here's what analysts at some of the biggest shops on Wall Street are saying about Amazon's latest earnings report.
His $250 per share price target implies more than 34% upside from Thursday's close.
"Another margin upside surprise supports our retail margin efficiency upside thesis, while AWS is still in the early innings of a big AI cycle and is investing accordingly," Post said.
The analyst also increased his 2025 full-year earnings per share forecast by roughly 4%.
Persons:
Doug Anmuth, Anmuth, Justin Post, Lee Horowitz, " Horowitz, Ronald Josey's, Josey
Organizations:
Web Services, JPMorgan, Bank of America, Deutsche Bank, Citi