Bitcoin price today: slides below $100k, enters bear market amid valuation jitters
Investing.com - BMO Capital raised its price target on Amazon.com (NASDAQ:AMZN) to $300 from $280 while maintaining an Outperform rating. The new target represents potential upside for the $2.38 trillion retail giant, which according to InvestingPro data, is currently trading near its Fair Value.
The firm cited Amazon’s strong third-quarter 2025 results, highlighting a 300 basis point sequential acceleration in AWS growth to 20%, which represents the fastest AWS growth since the fourth quarter of 2022. This performance contributes to Amazon’s "GREAT" overall financial health score of 3.2 on InvestingPro’s assessment scale.
Amazon’s advertising business grew 22% year-over-year excluding foreign exchange effects, matching the previous quarter’s growth rate and exceeding consensus estimates by 2%. BMO Capital noted that new partnerships with Roku and Netflix, along with integrations with Spotify and SiriusXM, have increased the attractiveness of Amazon’s DSP (demand-side platform).
The retail segment also performed well, with online Stores growing 8% year-over-year excluding foreign exchange impacts, Physical Stores up 7%, and third-party Seller Services increasing 11%, which represented a 100 basis point acceleration.
BMO Capital reiterated its Outperform rating on Amazon and maintained the stock as a "Top Pick" in its coverage universe. This aligns with the broader Wall Street sentiment, as InvestingPro data shows a strong buy consensus among analysts, with price targets ranging from $230 to $306. For comprehensive analysis including 10+ additional ProTips and Amazon’s detailed financial health assessment, check out the Pro Research Report available on InvestingPro.
In other recent news, Amazon has reported impressive financial results, with revenue reaching $180 billion, marking a 12% year-over-year increase, excluding foreign exchange impacts. The company’s operating income hit $21.7 billion, achieving a record-high 12% margin and surpassing Wall Street forecasts by 12%. Analysts have responded positively, with Citizens raising its price target for Amazon to $300, citing better-than-expected financial outcomes. BofA Securities also increased its price target to $303, highlighting the potential growth driven by Amazon’s AWS capacity and demand for Trainium chips. Evercore ISI raised its price target to $335, maintaining an Outperform rating due to strong AWS growth. Canaccord Genuity adjusted its price target to $300, noting AWS’s significant improvement, with growth accelerating to over 20%, the highest in eleven quarters. Goldman Sachs reiterated its Buy rating and raised its price target to $290, pointing to Amazon’s potential for sustained revenue and margin expansion. These developments reflect a broad consensus among analysts on Amazon’s robust performance and growth prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.