What Analysts Think of Amazon Stock Ahead of Earnings

Category: Finance

Amazon is expected to report strong fourth-quarter results, with analysts maintaining a bullish outlook and a consensus price target of $259. Jefferies highlights Amazon as a top pick for enterprise AI, while concerns about AI spending in the tech sector are rising. Projected revenue is $187.42 billion, a 10% increase year-over-year, with earnings expected at $16.02 billion.

Keywords: Amazon, AI spending, earnings report

Source: Investopedia

Update At: 2/7/2025

Related Sources