Amazon Soars on Strong Q3 Earnings as Analysts Raise Price Targets

# Amazon Stock Analysis: Solid Growth Potential Despite Recent 3% Dip

Dive into our latest podcast episode where we analyze Amazon's current market position after its recent 3% decline to $243.04. Despite this pullback, Amazon's impressive Q2 earnings—with EPS of $1.95 and revenue soaring to $180 billion (up 13% year-over-year)—has analysts bullish on its future trajectory.

We examine why over 50 analysts maintain buy or strong buy ratings and have raised price targets, with Evercore ISI projecting $335 and the consensus target sitting at $293—representing significant potential upside. Learn how Amazon's cloud computing dominance and expanding AI capabilities are driving long-term growth forecasts that could push the stock beyond $400 by 2027.

This episode also covers technical signals to watch, support levels around $223, and why Amazon's $2.6 trillion market cap and PE ratio of 37 reflect both its current profitability and high investor expectations. Perfect for investors seeking insights on one of tech's most influential leaders as it approaches year-end.

#AmazonStock #StockAnalysis #CloudComputing #AIInvesting #TechStocks #InvestmentStrategy #WallStreetAnalysis

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This content was created in partnership and with the help of Artificial Intelligence AI