""AWS growing 24% (our fastest growth in 13 quarters)...this growth is happening because we're continuing to innovate at a rapid rate, and identify and knock down customer problems.""
""Advertising grew 23% in Q4 and has sustained above-20% growth for four consecutive quarters. Amazon's custom chips, including Trainium2 and Trainium3, run at over $10 billion annually with triple-digit percentage growth.""
Amazon's stock trades at $233.65, with a price target of $258.75 indicating a 10.74% upside. Analysts rate AMZN positively, with 64 Buy ratings and a consensus target of $281.27. The stock has shown recovery after a drop to $165.28, gaining 11.38% in the past week. Q4 results showed revenue of $213.39 billion, with AWS growing 24%. The bull case focuses on AWS re-acceleration and AI monetization, supported by strong advertising growth and custom chip advancements.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]