Key Highlights:
- Amazon is poised for an 8% increase in Q1 revenue, reaching $155.1 billion.
- Amazon Web Services anticipates a 17% year-over-year growth despite economic challenges.
- Analysts forecast an average stock price target of $247.42 for Amazon, suggesting a potential 33.35% upside.
Anticipated Q1 Earnings for Amazon (AMZN, Financial)
Amazon.com Inc. (NASDAQ: AMZN) is gearing up to release its first-quarter earnings on May 1, with financial markets expecting an impressive 8% revenue growth, bringing the total to an estimated $155.1 billion. The tech giant's earnings per share (EPS) are projected to be around $1.357. A notable contributor to this growth is Amazon Web Services (AWS), which is set to expand by 17% year-over-year, defying the adverse effects of currency fluctuations and tariff barriers.
Wall Street Analysts’ Predictions for Amazon's Stock
According to a comprehensive analysis by 67 analysts, Amazon's one-year stock price target averages at $247.42. This figure comes with a high estimate of $295.46 and a low estimate of $195.00, suggesting a potential upside of 33.35% from the current stock price of $185.54. For more detailed insights, visit the Amazon.com Inc (AMZN, Financial) Forecast page.
Brokerage Recommendations and GF Value Metrics
Amazon's stock currently holds an "Outperform" status with an average brokerage recommendation of 1.8, based on evaluations from 73 brokerage firms. This rating falls on a scale where 1 indicates a Strong Buy and 5 suggests a Sell position.
Furthermore, the GuruFocus estimates predict a GF Value for Amazon at $183.43 in one year. This figure implies a slight downside of 1.14% from the ongoing stock price of $185.54. The GF Value represents GuruFocus' calculated fair value of the stock, derived from historical trading multiples, past business growth, and future performance projections. Additional data can be explored on the Amazon.com Inc (AMZN, Financial) Summary page.
