Positive. Amazon stock is expected to continue growth with strong Q4 sales and potential for double value.
From Nasdaq: 2025-02-05 03:33:00
Investor sentiment is high for Amazon stock following a record holiday season. Amazon remains the most successful e-commerce company, surpassing eBay, Alibaba, and JD.com. Amazon Web Services leads in cloud services ahead of Microsoft Azure. Q4 sales are projected to increase by 10% to $187.28 billion, with EPS expected to rise by 50% to $1.52.
For the full year, Amazon anticipates total sales to grow by 11% to $637.43 billion, with earnings increasing by 79% to $5.20 per share. Trading at $240, Amazon’s forward earnings multiple is at 38X, comparable to Microsoft. Amazon stock holds a Zacks Rank #2 (Buy) ahead of Q4 results, with potential for continued growth.
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Read more at Nasdaq: Zacks Investment Ideas feature highlights: Amazon, eBay, Alibaba, JD.com and Microsoft
