From Financial Modeling Prep: 2025-06-04 16:00:00

JPMorgan raised Amazon’s price target to $240, citing its strong positions in e-commerce and cloud computing for long-term growth. E-commerce only accounts for 20% of U.S. retail sales, while cloud spending is at 10%, leaving room for expansion. AWS, with a 31% market share, is a key profit driver for Amazon.

Amazon’s ability to switch between first-party and third-party inventory, along with its Prime ecosystem, boosts customer loyalty. High-margin segments like AWS and advertising are expected to drive margin and free cash flow growth. JPMorgan predicts continued operating margin expansion in North America and improved free cash flow for Amazon.



Read more at Financial Modeling Prep:: JPMorgan Boosts Amazon Target on Strong Growth Pro…