From Nasdaq: 2025-02-06 07:20:00

Amazon.com Inc. (AMZN) is set to report Q4 2024 earnings on Feb. 6, 2025, with a Zacks Rank #2 and +4.78% Earnings ESP. Stocks with Zacks Rank #3 or better and a positive Earnings ESP have a 70% chance of beating earnings. Amazon’s strong Prime momentum, AWS dominance, and record holiday season sales are key positives.

For Q4 2024, Amazon’s estimates show revenues of $187.28 billion and EPS of $1.52, with a 1.3% improvement over the last 30 days. The company has reported positive earnings surprises in the last four quarters, with an average beat of 25.9%. Estimates for 2024 and 2025 show revenue and EPS growth, with a long-term EPS growth rate of 28.2%.

Amazon’s return on equity is 22.41%, with a short-term average price target representing a 6.1% increase. The potential upside for the stock is 29.5% with a downside of 10.2%. Experts have identified Amazon as one of the 7 best stocks for the next 30 days, with a history of outperforming the market. Consider Amazon for potential early price pops.

Amazon’s stock has strong potential for short-term price upside, with a positive earnings history and growth estimates for 2024 and 2025. Consider Amazon as one of the top stock picks for potential gains in the near future.



Read more at Nasdaq:: Buy Amazon Ahead of Earnings Today on Strong EPS Estimate Revisions