Tigress Financial lifts Amazon stock price target to $305

On Tuesday, Tigress Financial Partners showed a positive stance on Amazon.com (NASDAQ:AMZN) by raising its 12-month price target to $305 from a previous target, while maintaining a Buy rating on the stock. This aligns with the broader Wall Street consensus, as InvestingPro data shows analyst targets ranging from $195 to $288, with a strong buy recommendation of 1.4 (1.0 being the strongest). The firm’s analysts cited Amazon’s strong e-commerce and fulfillment capabilities as key drivers for the company’s ability to thrive in various economic and consumer spending conditions.

Amazon’s ongoing integration and innovation in artificial intelligence (AI) are seen as significant factors in enhancing its business performance and shareholder value. With an "GREAT" overall financial health score according to InvestingPro, and impressive revenue of $650.31 billion in the last twelve months, Amazon continues to demonstrate strong market leadership. Analysts from Tigress Financial highlighted the company’s efficient cash conversion cycle bolstered by the growth of Amazon Web Services (AWS), advertising, and subscription services. These elements are expected to contribute to accelerating business performance trends for Amazon.

The company’s investment in developing AI is anticipated to continue to be a crucial growth driver across all business lines, including transforming customer experiences and improving operational efficiencies. Amazon’s recent launch of Project Kuiper, which aims to provide global satellite internet coverage, was also noted as a testament to its innovative efforts and strong commitment to enhancing AI service offerings.

Amazon’s robust balance sheet and cash flow are projected to support ongoing innovation, key growth initiatives, and strategic acquisitions, further strengthening its AI services, customer experience, infrastructure, and fulfillment capabilities. Tigress Financial has included Amazon on its Research Focus List and in its Focus Opportunity (SO:FTCE11B) Portfolio, signaling the firm’s confidence in Amazon’s future performance.

In other recent news, Amazon’s first-quarter earnings for 2025 exceeded forecasts, showcasing a robust financial performance. Despite this, Amazon Web Services (AWS) experienced a slowdown in growth, attributed to factors like unpredictable enterprise sales cycles and AI-related capacity constraints. DA Davidson maintained a Buy rating with a $230 price target, while UBS adjusted Amazon’s price target to $249, also keeping a Buy rating. UBS noted potential growth in AWS later in the year due to easing capacity constraints. Benchmark analysts maintained their Buy rating with a $260 price target, emphasizing Amazon’s solid performance and market share gains. They also highlighted AWS’s strong contribution to operating income, surpassing expectations by nearly $1 billion. JPMorgan upheld an Overweight rating with a $225 price target, pointing out Amazon’s resilience amid macroeconomic challenges and tariff concerns. Overall, analysts remain optimistic about Amazon’s long-term prospects, with a focus on AWS and operational efficiencies.

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