Amazon Q4 Earnings preview - what to look for

09:02, 30 January 2020

Revenue from Amazon Web Services could rise by 29% to $9.62 billion and the company’s one-day shipping program might send positive signals as well. Additionally, the ad business could be an important profitability swing factor for Amazon, having shown strong growth lately.

Amongst Amazon’s (AMZN) main competitors are: Wal-Mart, Target, eBay, Overstock.com, Best Buy, and China’s Alibaba.

RBC Capital Markets analyst Mark Mahaney expects Amazon stock to Outperform the market and has set a price target of $2,500, citing high growth potential in many different sectors. The Benchmark Company reiterated the Buy rating on Amazon, with a price target of $2100 - $2300 and Morgan Stanley reiterated the overweight rating, with a price target of $2100 - $2200.

Average analyst target price on TipRanks.com sees Amazon stock at $2,207.40 +19.11% increase from the yesterday’s closing price of $1,853.25. The high forecast is  $2500 representing a 36,67% increase.

Sources: forbes.com, investors.com, finviz.com, tipranks.com

The information presented herein does not constitute and does not intend to constitute Investment Advice. The information contained herewith is a compilation of public stock recommendations issued by various financial analysts and organized in an easily presentable format, for information purposes only. Key Way Investments Ltd does not influence nor has any input in formulating the information contained herein. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation. Users/readers should not rely solely on the information presented herewith and should do their research/analysis by also reading the actual underlying research. Users/readers should also consider the risk of encountering significant losses when trading CFDs. Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.


Why Capex.com?

  • CAPEX is a fully regulated broker. We’re licensed by CySEC and registered by multiple finance entities around the globe.

  • We put safety first! Our security systems and measures are designed to keep your data and funds safe at all times.

  • We designed our trading conditions to meet the needs of even the most sophisticated traders!

  • Trade over 2,100 CFDs (Contracts For Difference), from Forex and Indices to ETFs, Commodities and Cryptocurrencies!