All articles tagged with #amzn
Wolfe Research analyst Shweta Khajuria argues AMZN could lead the Magnificent Seven in 2026 as AWS growth reaccelerates to the mid-20% range in 2026–27, supported by capacity expansions and partnerships, plus strong retail, grocery, and advertising trends; she lifts the price target to $275 and assigns an Outperform, with a Strong Buy consensus among peers.
Amazon's stock (NASDAQ:AMZN) has declined, and the company's gaming ambitions have been scaled back, reflecting shifts in its strategic focus and market performance.
Despite Amazon's Q2 earnings beat but cautious outlook causing a share dip, investors can consider ETFs like FDIS and XLY for diversified exposure to Amazon and the consumer discretionary sector, offering a lower-risk way to benefit from Amazon's long-term growth in e-commerce, cloud, and AI.
Amazon's stock (AMZN) experienced a slight decline of -0.95% compared to the previous day, underperforming the overall market gains. Analysts and investors are closely watching the upcoming earnings disclosure, with predictions of significant growth in earnings per share (EPS) and revenue. Changes in analyst estimates can impact stock price performance, and Amazon currently holds a Zacks Rank of #2 (Buy). The stock is trading at a premium valuation compared to its industry average, with a forward P/E ratio of 55.71. The Internet-Commerce industry, to which Amazon belongs, is ranked in the top 14% of all industries.
Amazon reported better-than-expected third-quarter earnings and revenue growth, with adjusted earnings of 94 cents per share and revenue of $143.1 billion. The company's cloud services business, Amazon Web Services (AWS), saw a 12% increase in sales to $23.1 billion, slightly missing expectations. However, AWS CEO Andy Jassy noted that deal momentum for AWS had picked up, particularly for its generative AI products. Amazon's e-commerce sales were up 7% to $57.3 billion, and its advertising division saw a 26% increase in revenue to $12.1 billion. Amazon stock rose more than 5% in after-hours trading following the earnings report.
Amazon reported better-than-expected third-quarter earnings and revenue growth, with adjusted earnings of 94 cents per share and revenue of $143.1 billion. The company's cloud services business, Amazon Web Services (AWS), saw a 12% increase in sales to $23.1 billion, slightly missing expectations. However, AWS CEO Andy Jassy noted that deal momentum for AWS had picked up, particularly for its generative AI products. Amazon's e-commerce sales were up 7% to $57.3 billion, while its advertising division saw a 26% increase in revenue to $12.1 billion. Amazon stock rose more than 5% in after-hours trading following the earnings report.
As Amazon.com prepares to release its third-quarter results, investors are closely watching the performance of Amazon Web Services (AWS), the world's largest cloud provider and a major profit driver for the company. The recent strong earnings from Microsoft's cloud business and weak cloud sales from Google have raised expectations and concerns for AWS. Analysts predict potential flat growth for AWS due to customers optimizing software spending, but this may already be factored into the stock. Additionally, the impact of artificial intelligence (AI) on AWS's performance is being closely monitored, with Microsoft seen as having a head start in this area.
Amazon's shares are down by 1.63% due to slower April cloud growth, which caused downward momentum. The company reported Q1 revenue of $127.4 billion, beating the Street's estimate of $124.53 billion, and earnings per share of 35 cents, beating the Street's estimate of 21 cents. Amazon's North American sales were $76.9 billion.