Amazon's stock stabilizes after a sharp correction, analysts bullish on long-term prospects

From Nasdaq: 2025-04-30 10:27:00

Amazon’s stock stabilizes just below $190 after a sharp correction, still down over 20% from its all-time high but up 16% from a recent low. Earnings set to be released after bell on Thursday, with analysts bullish on the company’s long-term prospects.

Analysts overwhelmingly recommend buying Amazon stock, with price targets well above current levels. UBS sets a target of $253, implying over 30% upside, while Oppenheimer remains bullish despite tariff risks. Key drivers include Amazon’s scale, efficiency improvements, and AI presence.

Wall Street expects Amazon to report $155.1 billion in revenue, up 8% YoY, and earnings of around $1.36 per share for Q1. Challenges include FX headwinds, tariff disruptions, and tough comps. CEO notes stable consumer behavior and expectations for tariffs to be passed to buyers.

Investors focus on AWS performance and AI growth in Q1 earnings report. AWS expected to post 17% YoY revenue growth, while Amazon solidifies its position in the AI infrastructure space. Despite macro uncertainties and pause in international data center leasing discussions, analysts see potential breakout catalyst in earnings report.



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