Amazon (AMZN) Expected to Report Over 21% Growth in Cloud Business for Q4
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Cloud Growth Expectations: BNP Paribas analysts project Amazon Web Services (AWS) will achieve year-over-year growth of 22% to 23% in Q4, surpassing the consensus estimate of 21%, which will significantly enhance the company's overall performance.
- AI-Driven Demand: Analysts highlight that trends in artificial intelligence will further boost AWS performance, indicating Amazon's leadership in technological innovation and potentially laying the groundwork for future revenue growth.
- Advertising Business Potential: Amazon's advertising segment is still in relatively early stages, with analysts believing it has substantial growth potential, which is expected to generate significant revenue and enhance the company's competitive position.
- Long-Term Investment Outlook: BNP Paribas identifies Amazon as a top pick for 2026, reflecting confidence in the company's future growth, particularly as ongoing investments in cloud computing and AI are expected to yield long-term benefits.
Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMZN is 294.69 USD with a low forecast of 250.00 USD and a high forecast of 340.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
47 Analyst Rating
46 Buy
1 Hold
0 Sell
Strong Buy
Current: 239.120
Low
250.00
Averages
294.69
High
340.00
Current: 239.120
Low
250.00
Averages
294.69
High
340.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
