Amazon.com (AMZN)
Analyst Updates
Truist Financial reduced its price target to $280 from $290 while maintaining a Buy rating, reflecting a more cautious near-term outlook despite continued confidence in Amazon’s long-term growth drivers.
Needham & Company reiterated its Buy rating on Amazon, keeping its price target unchanged at $265, signaling confidence in the company’s earnings power and competitive positioning even amid recent share price weakness.
TD Cowen reaffirmed its Buy rating on Amazon, underscoring its positive long-term view on the company’s core e-commerce and cloud businesses, though no updated price target was disclosed.
Cantor Fitzgerald assigned Amazon with an Overweight rating and a $250 price target, reflecting expectations for sustained revenue growth and margin expansion across key business segments.
Morgan Stanley reiterated its Overweight rating on Amazon but trimmed its price target to $300 from $315, reflecting more conservative assumptions while maintaining a bullish stance on AWS, advertising growth, and operating leverage.
Piper Sandler maintained an Overweight rating on Amazon with a $260 price target, pointing to the company’s strong competitive moat and improving profitability trends as key supports for the stock.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
Interesting analysis on Amazon’s stock updates. It’s cool how tech like AI is shaping big companies. Speaking of AI, I’ve been impressed by tools like seedance2 for video creation—wonder if Amazon uses similar tech in their services.