shares Amazon.com Inc. Nasdaq: amzn Shortly lower than $ 190 on Tuesday, and continuing stability and monotheism after a sharp correction. While the decrease of more than 20 % of February the highest level in all timesThe arrow increased almost 16 % discount at its lowest level in several years Earlier this month.
with Profits It is scheduled to fall after the bell on Thursday, Amazon is formed to be one of the most closely seen in the market this week. FluctuationThe technicians were improving, and analysts were lining up throughout April to repeat them Aleppo position. The following 48 hours can be determined if the gathering has real legs or if the modern force is just a deeper direction.
The bullish box in Wall Street is loud and clear
Analysts have made their opinions known in the previous period Amazon Q1 reportAnd unanimous consensus: This is a He buys. Last week alone, like companies UBS group and Obenheimer Re -confirm their upscale classifications. This adds to calls from Goldman Sachsand Stifel NicolausAnd others earlier this month, most of them set the price goals much higher than the current levels.
UBS goal Entry, calls for $ 253, which means earning 30 %+ From Tuesday. Even Obenheimer, who reduced her goal to $ 220 to reflect the risk of customs tariffs, is still firmly optimistic. In all areas, analysts cite the Amazon scale, efficiency improvements, and increased artificial intelligence as long -term main engines.
Expectations are firm for the first quarter, despite the opposite winds
According to Wall Street, Amazon is expected A revenue report of 155.1 billion dollarsAn increase of 8 % on an annual basis, and profits per share is about $ 1.36. Despite the challenges ranging from the opposite winds of foreign work currency to customs tariff disorders, analysts generally expect strong growth from both retail and AWS.
The Amazon Administration has informed A. 2.1 billion dollars of the opposite windIn addition to difficult companies from Q1 2023, which included an additional day thanks to Leap Year. There are also concerns about definitions, as some analysts indicate that retail margins can be pressed and average selling prices to move forward.
Still, Amazon CEO Andy Jaci Recently noticed that the consumer behavior has not changed financially and that most third -party vendors are expected to transfer the definitions to buyers. This comment, along with signs Stability In the last sessions, I maintained amazingly fixed feelings heading to profits.
All eyes are on AWS and AI
One of the main questions for this quarter will be how Amazon Web Services (AWS) It is performance and how much artificial intelligence grows contributes to the story. AWS remains the most profitable Amazon sections, and it is expected to be published 17 % revenue growth on an annual basis In the first quarter.
Investors will also search for updates on how Amazon puts itself within the widespread Amnesty International Infrastructure Arms Race. With other technology giants who have already reported the strong demand for artificial intelligence, Amazon is expected to enhance its role as a major player in space.
Danger: The total uncertainty is still lurking
Despite the bullish feelings, not everyone is convinced that the stocks are ready to tear higher. Morgan Stanley It is still ranked Amazon K. The highest choice But a mark is on the high number of cases of macro -uncertainty surrounding the work. They recently reduced some of their estimates, and they warned that the vision in the second half of 2024 is still mysterious.
Wales Vargo He also indicated AWS stopped some of the international data center renting discussions. Although this is not seen as a red sign yet, it reflects a more measured approach in the short term.
The profit report can be a great catalyst for Amazon
Amazon may still trade much lower than its highest levels, but analysts are clear in their message: these shares are trading almost well almost all of this. Price goals Before updating important profits. With the improvement of technicians, a busy record It surpasses performanceAnd fixed stability from AI, provides the current preparation a A cookie argument for risks.
If Thursday’s report provides as expected or simply avoid negative surprises, the last bounce may accelerate quickly. but, Amazon may need more time to work through noise if the company spends Conservative guidance Or confirm Single pressure from definitions.
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