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Amazon Stock Forecasts Raised Ahead of July 31 Earnings Report

  • Amazon will report its latest earnings on July 31, shortly before the market closes.
  • Wall Street analysts have raised stock price forecasts ahead of the earnings call.
  • The company projects net sales growth of 7% to 11% for the second quarter of 2025 versus the prior year.
  • Cloud division AWS and investments in AI are driving current analyst optimism.
  • According to TipRanks, Amazon’s average 12-month price target is $251.44, with analyst ratings largely “Strong Buy.”

Amazon will announce its quarterly earnings on July 31, just before the U.S. stock market closes. In advance of the report, several Wall Street analysts updated their stock forecasts for the e-commerce and technology company.

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Baird analyst Colin Sebastian increased the price target for Amazon from $220 to $244 per share, representing a potential increase of 6.4% from the company’s recent price of $227. This adjustment follows strong estimates for Amazon’s cloud service unit AWS, which the analyst suggests is becoming a key part of the company’s revenue growth through 2025. According to the analyst, AWS now earns more for each dollar invested than Amazon’s established online retail business.

The company expects net sales for the second quarter of 2025 to range between $159 billion and $164 billion. This would be a year-over-year increase of about 7% to 11% compared to the same quarter the previous year. Amazon projects operating income between $13 billion and $17.5 billion—this is a possible decrease compared to its reported $14.7 billion operating income for the second quarter of 2024.

Year-to-date, Amazon shares have increased by 3.7%. The company has faced pressure from U.S. trade policies and larger stock market shifts but continues to be widely held in the U.S. equity markets. Analysts suggest that investments in Artificial Intelligence are making Amazon more attractive to investors.

Data from TipRanks indicates that Amazon has an average 12-month price target of $251.44, based on 45 Wall Street analysts’ forecasts over the past three months. The highest analyst price target is $305, while the lowest sits at $195. The average forecast represents a 12.3% rise from the current share price of $223.88. The analyst consensus is “Strong Buy” for Amazon stock.

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For more on related market moves, see: Netflix Stock (NFLX) Soars 86% But 44x Earnings Ratio Sparks Risk.

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