US Top News and Analysis | Amazon posted a blowout quarter. Why the Street says this is only the start of the stock's strong run
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Amazon.com reported a strong first‑quarter earnings beat, posting $181.52 billion in revenue—above the $177.3 billion forecast—and earnings of $2.78 per share versus the $1.64 consensus estimate. AWS accelerated 28% quarter‑over‑quarter, driven by AI‑related workload shifts and its Trainium chip, while the company lifted its second‑quarter revenue outlook to $194‑199 billion. Although the stock initially rose more than 4% before retracing, analysts were upbeat: Barclays raised its target to $330, Citi to $285, Morgan Stanley to $330, Bernstein to $315, BofA to $310, Mizuho to $325, and Canaccord to $330, citing AWS’s AI‑driven growth, a robust retail business, expanding margins, and a strong backlog that position Amazon as a leading AI and e‑commerce player.
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https://www.cnbc.com/2026/04/30/amazon-had-a-blowout-quarter-the-street-sees-start-of-a-strong-run.html
#Amazon #AWS #Barclays #Citi #MorganStanley #Microsoft #Alphabet #Meta #OpenAI #Mizuho #
