Truist Securities raises Amazon.com stock price target to $250 on strong Q2 outlook
Investing.com
Published Jul 02, 2025 10:17AM ET
Investing.com - Truist Securities has raised its price target on Amazon.com (NASDAQ:AMZN) to $250.00 from $226.00 while maintaining a Buy rating on the stock. According to InvestingPro data, Amazon, currently valued at $2.34 trillion, receives a strong "Buy" consensus from analysts with targets ranging from $195 to $305.
The price target increase comes as Truist anticipates Amazon will report stronger than expected second-quarter 2025 results. The firm attributes this outlook to a resilient North American consumer that remains largely unaffected by macroeconomic conditions and tariffs. InvestingPro analysis shows Amazon maintaining robust financial health with an overall score of "GREAT" and impressive revenue growth of 10.08% over the last twelve months.
Truist notes that slightly higher order frequency and average selling prices have helped drive growth for the e-commerce giant. A weakening U.S. dollar has also created favorable foreign exchange conditions for the company.
The research firm has raised its estimates for Amazon's revenue and operating income for Q2 2025 above consensus levels. Truist believes that if Amazon sustains second-quarter trends into the third quarter, it could guide slightly above current consensus expectations.
Truist Securities views Amazon as a market share gainer and long-term winner across multiple sectors including e-commerce, advertising, cloud computing, and logistics.
In other recent news, Amazon's financial and strategic developments have captured the attention of investors. Bernstein has raised its price target for Amazon to $235, citing growth in Amazon Web Services (AWS) and easing supply constraints, which are expected to improve throughout the year. Jefferies also increased its price target for Amazon to $255, highlighting the resilience of Amazon shoppers and the competitive advantages of Amazon Prime. In another development, AWS has expanded its collaboration with Veeva Systems (NYSE:VEEV) to enhance cloud infrastructure for life sciences applications, further strengthening its position in this sector.
Amazon is also making strides in artificial intelligence, despite the recent departure of Vasi Philomin, a key executive overseeing its generative AI efforts. The company has been actively investing in AI technologies, including a significant $8 billion investment in AI startup Anthropic. Additionally, Amazon's Ring has introduced a new AI feature called Smart Video Search, allowing users to find specific moments in their video history using text queries. This feature is set to launch officially in November 2024 as part of a revamped subscription service. These recent developments reflect Amazon's ongoing efforts to innovate and adapt in various market segments.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.