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UBS has lowered its price target for Amazon shares from $275 to $272 while maintaining a Buy recommendation, despite the stock's recent rise of 46.73% over six months. The adjustment follows Amazon's forecast of $100 billion in capital expenditures for 2025, exceeding previous estimates. Analysts remain optimistic about Amazon's long-term growth potential, particularly in cloud services and logistics, as the company prepares for its upcoming 10-K report, which will provide further insights into its financial health and investment strategies.
UBS has lowered its price target for Amazon to $272 while maintaining a Buy rating, despite the stock's recent momentum and a 46.73% gain over six months. The adjustment follows a revised capital expenditure forecast of $100 billion for 2025, up from $92 billion, reflecting Amazon's ongoing investments in AWS and fulfillment infrastructure. Analysts remain optimistic about Amazon's long-term growth potential, with several firms adjusting their price targets in response to the company's strategic initiatives.
Amazon is set to report its Q3 earnings, with analysts expecting earnings of $1.14 per share and revenue of $157.2 billion. Despite a projected 10% revenue growth, the company faces challenges due to external distractions affecting consumer attention. CEO Andy Jassy's cost-cutting measures have led to significant earnings growth, with operating income expected to rise over 31% year-over-year. Investors are also keen to hear updates on the ambitious Project Kuiper satellite internet initiative.
Jason Helfstein
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ubs lowers amazon price target but maintains buy recommendation amid strong growth
16:51 07.02.2025
ubs lowers amazon price target to 272 while maintaining buy rating
16:49 07.02.2025
amazon prepares to report q3 earnings amid cautious market outlook
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