Citi Report: Amazon.com (AMZN.US) Excels in Online Holiday Shopping, Continues to be Preferred Choice in Internet Industry

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: 11h ago

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Source: aastocks

Citi Research Outlook: Citi Research predicts that Amazon.com (AMZN.US) will exceed market expectations for revenue and operating profit in its upcoming 4Q25 results, with AWS revenue growth expected to reach 22.5% YoY due to AI collaborations and infrastructure expansion.
Retail Performance: Data from third-party sources and Citi credit card transactions indicate strong performance for Amazon during the online holiday shopping season, suggesting continued market share growth.
Investment Recommendation: Given the anticipated AWS growth and overall consumption expansion, Amazon.com is reaffirmed as a top pick in the internet sector, maintaining a Buy rating and a target price of $320.
Economic Indicators: The Core PCE Price Index for November in the United States remained stable at 0.2%, aligning with forecasts.

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.