Amazon Q2 2025 Earnings Preview: Expectations and Trends

Amazon is set to announce Q2 2025 earnings on July 31st after market close. The consensus EPS estimate is $1.31, and the revenue estimate is $162.09B, a 9.5% YoY increase. Over the last three months, EPS estimates have seen a 6% increase.

Amazon (AMZN) is poised to release its second-quarter 2025 earnings on Thursday, July 31st, after market close. The consensus EPS estimate stands at $1.31, with revenue expected to reach $162.09 billion, marking a 9.5% year-over-year (YoY) increase [3]. Over the past three months, EPS estimates have seen a 6% upward revision, reflecting analysts' growing optimism about the company's performance.

Amazon's stock has shown impressive strength in recent months, climbing 24.9% over the last quarter. This rally is attributed to growing optimism about Amazon's ability to maintain its dominance across key segments like e-commerce and cloud computing [1]. The company's fundamentals remain robust, with its core retail operations, Amazon Web Services (AWS), and advertising segment contributing significantly to its growth.

AWS, Amazon's cloud division, generated $29.3 billion in revenue in Q1 2025, up 17% from the previous year. The segment's operating income reached $11.5 billion, accounting for the bulk of Amazon's total operating profit. The company's advertising business also performed well, with ad revenue climbing 19% year-over-year to $13.9 billion in Q1 2025 [1].

Analysts are bullish on Amazon, with a "Strong Buy" consensus rating on AMZN stock. The average price target set by 67 analysts is $252.43, suggesting a potential 9.64% upside from the current trading price [2]. However, GuruFocus estimates suggest a potential downside of 17.71% based on their GF Value calculation [2].

While Amazon's earnings are expected to be strong, persistent macroeconomic headwinds could inject volatility into the stock. Traders are currently pricing in a post-earnings move of around 4.55% in either direction [1]. It is crucial for investors to closely monitor Amazon's earnings report and any guidance provided to assess the potential impact on the stock.

References:
[1] https://finance.yahoo.com/news/q2-earnings-july-31-power-151549079.html
[2] https://www.gurufocus.com/news/3019325/amazon-amzn-gears-up-for-q2-earnings-announcement
[3] https://seekingalpha.com/news/4474428-amazon-q2-2025-earnings-preview