Positive

From Nasdaq: 2025-04-23 11:02:00

Amazon.com Inc. (NASDAQ: AMZN) closed above $173 with a 3.5% gain, but shares are still down 30% from their all-time high. Wall Street analysts remain bullish, with price targets of $250 and expectations of over 40% upside. Bank of America notes Amazon’s valuation compared to Walmart, signaling a buying opportunity.

Concerns remain over Amazon Web Services pausing leasing discussions and macroeconomic uncertainties. Despite this, analysts back Amazon’s growth potential and AI leverage. Earnings next week could be a catalyst for the stock, with a solid history of outperforming expectations. The stock is currently trading at 2020 levels, waiting for a breakout.



Read more at Nasdaq:: Amazon’s Earnings Could Fuel a Rapid Breakout