Top Wall Street Forecasters Revamp Amazon Price Expectations Ahead Of Q4 Earnings

Amazon.com, Inc. AMZN will release its fourth-quarter financial results, after the closing bell, on Thursday, Feb. 6, 2025.

Analysts expect the Seattle, Washington-based company to report quarterly earnings at $1.49 per share, up from $1 per share in the year-ago period. Amazon projects quarterly revenue of $187.31 billion, compared to $169.96 billion a year earlier, according to data from Benzinga Pro.

Amazon.com is gearing up to introduce a major AI upgrade to its Alexa voice assistant with a press event reportedly in New York on Feb. 26.

Amazon shares fell 2.4% to close at $236.17 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Benchmark analyst Daniel Kurnos maintained a Buy rating and raised the price target from $215 to $265 on Feb. 4, 2025. This analyst has an accuracy rate of 75%.
JMP Securities analyst Nicholas Jones reiterated a Market Outperform rating and a price target of $285 on Jan. 30, 2025. This analyst has an accuracy rate of 82%.
Scotiabank analyst Nat Schindler maintained a Sector Outperform rating and raised the price target from $246 to $306 on Jan. 24, 2025. This analyst has an accuracy rate of 65%.
Raymond James analyst Josh Beck maintained a Strong Buy rating and boosted the price target from $230 to $260 on Jan. 21, 2025. This analyst has an accuracy rate of 78%.
Wells Fargo analyst Ken Gawrelski maintained an Equal-Weight rating and raised the price target from $197 to $212 on Jan. 14, 2025. This analyst has an accuracy rate of 76%.

Considering buying AMZN stock? Here’s what analysts think: