Amazon (AMZN) Gets $255 Price Target After Earnings Beat and Solid AWS Growth

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Trending AI Stocks on Wall Street.  On August 1, TD Cowen analyst John Blackledge raised the price target on the stock to $255.00 (from $250.00) while maintaining a “Buy” rating.

The rating affirmation follows Amazon’s second-quarter results on July 31^st, exceeding expectations. AWS growth was largely in-line with expectations despite AI capacity constraints.

“AMZN 2Q25 rev was 3% above cons, incl NA / Int’l beats of +2.5% / +7%; AWS rev grew 17.5% y/y, largely in line amid ongoing AI capacity constraints, while adv beat cons by 5%. Op Inc beat consensus by 14% despite AWS miss on higher ad rev and cont’d lower cost to serve. 3Q25 rev and Op Inc guide were +3.6% and +5.2% vs cons (high end). We raised LT ests, maintain Buy, PT to $255. Shares (6%) AH.”

The firm has raised its total revenue forecast by 2.4% for 3Q25 after the results and outlook. It maintained a Buy rating and $255 price target.

Amazon.com Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.

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Disclosure: None.