Analyst John Blackledge of TD Cowen maintained a Buy rating on Amazon, boosting the price target to $255.00.
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John Blackledge has given his Buy rating due to a combination of factors including Amazon’s strong financial performance in the second quarter of 2025. The company’s revenue exceeded expectations by 3%, driven by robust growth in North America and international markets, as well as a significant increase in advertising revenue. Despite some challenges in AWS operational income, the overall operating income surpassed consensus estimates by 14%, highlighting the strength in Amazon’s core business segments.
Additionally, Amazon’s guidance for the third quarter of 2025 suggests continued revenue and operating income growth, with projections exceeding consensus estimates. The company’s ongoing investments in AI infrastructure and capacity expansion are expected to support future growth, despite current constraints. These factors, combined with a positive outlook for operating margins and capital expenditures, underpin Blackledge’s confidence in Amazon’s long-term growth potential, justifying the Buy rating.
Blackledge covers the Communication Services sector, focusing on stocks such as Netflix, Alphabet Class C, and IAC/InteractiveCorp.. According to TipRanks, Blackledge has an average return of 13.3% and a 60.16% success rate on recommended stocks.
In another report released today, Pivotal Research also reiterated a Buy rating on the stock with a $285.00 price target.