What Analysts Think of Amazon Stock Ahead of Earnings
Key points
- Amazon will report the results of the fourth quarter after closing on Thursday.
- Most analysts are bullish on technology giant stocks. All 27 analysts tracked through visible Alpha to “buy” or equal rating.
- Jefferies analysts said that Amazon is the first choice for corporate artificial intelligence.
Amazon (AmazonAmzn) It is planned to report its fourth quarter after the market is closed on Thursday. Most analysts praise the stocks of technology giants.
All analysts covering Alpha tracking stocks have “buy” or the same rating. Their consensus target is about $ 259, and the price of 9 % higher on the market on Monday is 9 %.
Jefferies recently referred to Amazon as the first choice of corporate artificial intelligence, reiterating the “buy” rating of the stock and the price target of $ 275, pointing out the growth of Amazon network services and advertising opportunities.
After China’s artificial intelligence startup, Amazon’s expenditure on AI may also become the focus Deepseek The rock market claimed last week that it has developed an AI model, which is comparable to the cost of American companies, which has aroused concerns about Big Tech expenditure. When Microsoft (Microsoft) (Microsoft) (MSFT) He Yuan (Yuan) The income report last week, they Adhere to their positive expenditure planEssence
Bank of America analysts said last week that they thought it was “AI’s artificial moment,“It shows that competition may promote us such as us, such as Amazon, and Google’s parents’ letters (Googl), Spend more money on AI.
According to Visible Alpha’s estimates, Amazon is expected to report a revenue of US $ 187.44 billion in revenue by 10 % year -on -year. The expected income will reach US $ 16.02 billion, that is, $ 1.49 per share, which is higher than $ 10.62 billion a year ago or $ 1 per share.
On Monday, Amazon’s stocks almost changed, the price was $ 237.87. In the past 12 months, the stock has risen by nearly 40 %.