Citizens JMP raises Amazon stock price target to $285 on multiple growth vectors
Investing.com
Published Jul 10, 2025 04:21AM ET
Investing.com - Citizens JMP analyst Andrew Boone has assumed coverage on Amazon.com (NASDAQ:AMZN) with a Market Outperform rating and a price target of $285.00, up from the previous target of $250.00. According to InvestingPro data, Amazon currently trades at $222.54, with analysts' targets ranging from $195 to $305.
The firm cited Amazon's "significant moats" in several areas including logistics, data, direct consumer relationships through Prime, and the scale of its Amazon Web Services (AWS) cloud division as key factors supporting the higher valuation. These competitive advantages have helped Amazon maintain strong financials, with EBITDA reaching $126.14 billion and a moderate debt-to-equity ratio of 0.52.
Citizens JMP expects Amazon to sustain high-single-digit growth for multiple years, driven by its exposure to eCommerce, the ongoing transition of IT budgets to cloud services, and growing share of digital advertising, particularly in connected TV (CTV). InvestingPro data shows Amazon's revenue growing at 10.08%, with analysts forecasting continued growth of 9% in FY2025.
The research firm also highlighted artificial intelligence and robotics as "untapped efficiencies" for Amazon's largest expense categories, suggesting that free cash flow should "materially outperform top-line growth over the medium term."
Citizens JMP described Amazon as a "core holding" in its coverage universe, noting that the company's diversification across multiple digital growth sectors makes it "one of the most stable businesses" in its coverage.
In other recent news, Amazon.com has been the focus of several key developments. Amazon Web Services (AWS) introduced a new cooling system specifically designed for Nvidia (NASDAQ:NVDA)'s latest AI chips, aiming to enhance energy efficiency and heat management in data centers. This innovation accompanies the launch of new computing instances that leverage Nvidia's advanced GPU technology. Meanwhile, TD Cowen has raised its price target for Amazon to $250, citing expected outperformance in upcoming financial results due to growth in AWS, advertising, and e-commerce segments. Truist Securities also increased its price target to $250, highlighting a strong second-quarter outlook and favorable conditions such as a weakening U.S. dollar. In addition, the Competition Bureau has initiated an investigation into Amazon's pricing policy on its Canadian marketplace, exploring potential anti-competitive practices. Citizens JMP maintained a price target of $250, noting a shift in vendor perspectives on Amazon's growth and margin trends. These developments reflect Amazon's dynamic positioning across various sectors and ongoing regulatory scrutiny.
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