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Investing.com - Barclays (LON:BARC) has raised its price target on Amazon.com (NASDAQ:AMZN) to $275.00 from $240.00 while maintaining an Overweight rating on the stock. Currently trading at $234.11, Amazon’s stock sits near its 52-week high with a market capitalization of $2.49 trillion.
The firm cited Amazon’s second-quarter performance, which exceeded expectations with revenue and operating income coming in 3% and 14% above consensus estimates, respectively. Amazon also provided guidance that surpassed market expectations. The company maintains strong revenue growth at 10.08% and has received upward earnings revisions from 10 analysts, according to InvestingPro data.
Barclays acknowledged near-term concerns about Amazon Web Services (AWS) following competitors’ accelerating June-quarter revenue and backlogs related to artificial intelligence, as well as Amazon’s margin miss in the segment. With an overall financial health score of "GREAT" on InvestingPro, which offers 12+ additional exclusive insights, Amazon appears well-positioned to navigate these challenges.
Despite these challenges, the research firm expressed confidence that AI could add several percentage points to AWS growth by the fourth quarter of 2025, particularly through Amazon’s partnership with Anthropic. Barclays noted that if Anthropic reaches its projected $9 billion annual recurring revenue by year-end, it could significantly boost AWS revenue.
The firm also highlighted Amazon’s retail division, which delivered strong second-quarter results with accelerating metrics across key lines and efficiency reaching all-time highs, suggesting continued market share gains in e-commerce.
In other recent news, Amazon.com reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved a revenue of $167.7 billion, exceeding the anticipated $162.05 billion, while its earnings per share reached $1.68, compared to the forecasted $1.32. Following these results, BofA Securities raised its price target for Amazon to $272, maintaining a Buy rating, highlighting strong retail growth as a significant factor. Similarly, DA Davidson increased its price target to $265, also upholding a Buy rating, after Amazon outperformed market expectations on both revenue and profit. Goldman Sachs joined in by raising its price target to $240, emphasizing Amazon’s strategic focus on e-commerce operations and market opportunities despite tariff uncertainties. These developments reflect the positive sentiment among analysts regarding Amazon’s financial health and strategic direction.
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