Amazon: Stifel Keeps Buy Rating, Lowers PT to $260

Amazon: Stifel Keeps Buy Rating, Lowers PT to $260

In a recent update, Stifel Financial has maintained its Buy rating on Amazon.com (NASDAQ: AMZN) while lowering its price target to $260, according to the latest financial news. This adjustment comes amidst strong second-quarter 2025 results reported by Amazon, which exceeded consensus estimates by $5.5 billion or 3%. The company's revenue excluding foreign exchange effects accelerated to 12% year-over-year growth, with AWS maintaining 17% year-over-year growth and advertising growth accelerating to 22% year-over-year [1].

Stifel's decision to keep a Buy rating reflects the analyst's positive outlook on Amazon's strategic positioning across eCommerce, Cloud, and advertising. However, the firm acknowledges that heightened expectations ahead of earnings may have already been factored into the share price. Despite this, Amazon's robust financial health, with a strong Financial Health Score of 4.1 out of 5, supports the analyst's confidence in the company's growth prospects [1].

In contrast, Meta Platforms (NASDAQ: META) reported strong second-quarter earnings, with revenue growth accelerating by 22% year-over-year. This performance was bolstered by AI-driven engagement and advertising improvements. As a result, several analysts, including Benchmark, JPMorgan, and Stifel, have raised their price targets for Meta Platforms, reflecting the company's ongoing strategic initiatives and financial performance [1].

These developments underscore the dynamic nature of the tech sector, where companies continually innovate and adapt to changing market conditions. As investors, it is crucial to stay informed about the latest financial news and analysis to make well-informed investment decisions.

References:
[1] https://www.investing.com/news/analyst-ratings/citizens-jmp-reiterates-market-outperform-rating-on-amazon-stock-93CH-4165273