Analysts set a $313.13 price target for AMZN, citing 32% upside potential ahead of July 30 earnings.
Amazon (NASDAQ:AMZN) trades at a forward P/E of 27, matching the S&P 500, despite 16.6% YoY revenue growth to $181.52 billion in Q1 and a record 13.1% operating margin. Earnings per share reached $2.78, surpassing the $1.73 estimate, with Polymarket odds of an earnings beat at 95.2%.
Wall Street analysts rate AMZN with 47 buys, 15 strong buys, and 4 holds, targeting an average price of $313.13, or 32.25% above its current $232.11. AWS revenue hit $37.6 billion, growing at its fastest rate in 15 quarters, while the company generated $26 billion in free cash flow compared to Google’s $6 billion outflow.
The stock has gained just 0.56% year-to-date, lagging its growth metrics, as investors weigh its multi-segment expansion against market valuations.