Amazon.com: Cantor Fitzgerald Maintains Overweight Rating, Raises PT to $260
Cantor Fitzgerald has increased its price target for Amazon.com (AMZN) to $260, up from its previous target of $240, while maintaining an Overweight rating on the stock. The analyst's optimism is based on anticipated Q2 financial results that are expected to align with revenue projections around the expected midpoint, but with EBIT surpassing previous guidance [1].
Wall Street analysts are also bullish on AMZN, with the average one-year price target being $247.14, indicating a 9.18% upside from the current price of $226.35. The consensus recommendation from 73 brokerage firms is "Outperform," suggesting a "Strong Buy" status [1]. In contrast, GuruFocus estimates a GF Value of $189.47 for AMZN, suggesting a downside of 16.29% from the current price [1].
Amazon's Q2 revenue guidance is expected to be between $159 billion and $164 billion, with operating income guidance ranging from $13 billion to $17.5 billion. The company's strong financial performance in Q1 2025, including a 10% year-over-year increase in revenue and a 20% increase in operating income, underscores the analyst's optimism [1].
However, the company faces several challenges, including potential tariffs, onetime charges related to historical customer returns, and AWS capacity constraints. Additionally, the macroeconomic environment remains complex, with uncertainties around consumer demand and global trade impacting future guidance [1].
In the broader market, Amazon's stock has gained 1.16% over the past five trading sessions, driven by positive sentiment during Amazon Prime Days. The stock has also seen a year-to-date gain of 0.89%, despite recent setbacks [2]. The company's recent announcements, such as the launch of its proprietary AI model, Nova, have added to the optimism surrounding the stock [2].
In conclusion, Cantor Fitzgerald's price target increase for AMZN reflects the analyst's confidence in the company's ability to deliver strong Q2 results and maintain its market leadership. However, investors should remain aware of the potential challenges and uncertainties that may impact the stock's performance in the coming quarters.
References:
[1] https://www.gurufocus.com/news/2980716/amazon-amzn-price-target-boosted-by-cantor-fitzgerald-amzn-stock-news
[2] https://247wallst.com/investing/2025/07/09/amazon-stock-amzn-price-prediction-and-forecast/
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