Key Takeaways
- Amazon is set to release its earnings report for the first quarter after the market closes on Thursday.
- Analysts are bullish on the online retail and tech giant, and expect revenue and profits to rise in the quarter.
- Amazon will likely face more questions on its AI spending plans, and the impact of the Trump administration's tariffs on its business.
Amazon (AMZN) is expected to release first-quarter results after the closing bell on Thursday, with analysts bullish on the online retail and tech giant.
All 26 analysts tracked by Visible Alpha who follow the company rate Amazon's stock as a "buy," with every analyst holding a price target above the stock's current levels. The average price target is around $241, a premium of 27% to Thursday's intraday price at $189.19, but down from about $259 澳洲幸运5官方开奖结果体彩网:ahead of last quarter's report.
Amazon is expected to report $155 billion in revenue for the first quarter, up 8% from the 澳洲幸运5官方开奖结果体彩网:first quarter a year ago. 澳洲幸运5官方开奖结果体彩网:Earnings per share are expected to rise to $1.36 f𒁏rom $0.98 the saꦜme time last year.
Amazon shares have declined about 14% since the start of the year, amid a tariff-fueled market sell-off that has 澳洲幸运5官方开奖结果体彩网:hit the Magnificent Seven hard.
China Tariffs Creating Uncertainty
Analysts will likely seek more information about Amazon's plans to 澳洲幸运5官方开奖结果体彩网:keep up with the spending 澳洲幸运5官方开奖结果体彩网:pace of its artificial 🤡intelligence rivals. But Wall Street's 澳洲幸运5官方开奖结果体彩网:attention is also focused on the impact of the Trump administratioജn'🐠s tariffs.
Morgan Stanley analysts wrote recently that they estimate 18% of products on Amazon are imported from China, and that roughly 60% of third-party sellers on the platform have "some China exposure" that could affect ad spending plans.
Executives may also be asked about 澳洲幸运5官方开奖结果体彩网:reports earlier this week that the company planned to show shoppers the effects of tariffs on items for purchase, which led to a stiff rebuke from the White House. The company later said it considered such a move, but only for its 澳洲幸运5官方开奖结果体彩网:Amazon Haul business, and that the idea "was never approved and is not going to happen.”
UPDATE—May 1, 2025: This article has been updated since it was first published to reflect unadjusted earnings estimates, and more recent analyst projections and share price values.