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Investing.com - DA Davidson raised its price target on Amazon.com (NASDAQ:AMZN) to $265 from $230 while maintaining a Buy rating following the company’s second-quarter 2025 earnings report. The new target aligns with broader Wall Street sentiment, as InvestingPro data shows 10 analysts have recently revised their earnings estimates upward, with price targets ranging from $195 to $305.
The e-commerce and cloud computing giant beat market expectations on both revenue and profit in its Q2 2025 financial results, according to the research firm.
DA Davidson noted Amazon showed accelerating revenue in its retail segment and stabilizing growth in Amazon Web Services (AWS), its cloud computing division.
Despite these positive results, the firm pointed out that Amazon’s solid performance was largely overshadowed by capital expenditure guidance indicating accelerated infrastructure investments planned for the second half of the year.
Amazon management has reiterated that they are observing an acceleration of customers transitioning to cloud services, with demand for compute capacity still exceeding supply at AWS, according to DA Davidson.
In other recent news, Amazon.com Inc. reported its financial results for the second quarter of 2025, which exceeded analysts’ expectations. The company posted an earnings per share of $1.68, outperforming the projected $1.32. Revenue for the quarter reached $167.7 billion, surpassing the anticipated $162.05 billion. In addition to these strong earnings, Goldman Sachs raised its price target for Amazon from $220 to $240 while maintaining a Buy rating. The firm noted Amazon’s positive performance in its e-commerce operations, despite ongoing tariff uncertainties. Goldman Sachs also pointed out Amazon’s strategic efforts to capitalize on market opportunities in everyday essentials and perishables. These developments highlight the company’s resilience and strategic focus in a challenging market environment.
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