Top Wall Street Forecasters Revamp Amazon.com Expectations Ahead Of Q1 Earnings

Amazon.com, Inc. AMZN will release earnings results for the first quarter, after the closing bell on Thursday, May 1.

Analysts expect the Seattle, Washington-based company to report quarterly earnings at $1.36 per share, up from 98 cents per share in the year-ago period. Amazon projects to report quarterly revenue at $155.04 billion, compared to $143.31 billion a year earlier, according to data from Benzinga Pro.

After the closing bell on Wednesday, Amazon announced plans to invest $4 billion by 2026 to expand its rural delivery network, with a focus on small towns across the U.S. in an effort to offer faster delivery options to customers in less densely populated areas.

Amazon shares fell 1.6% to close at $184.42 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

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UBS analyst Stephen Ju maintained a Buy rating and cut the price target from $272 to $253 on April 29, 2025. This analyst has an accuracy rate of 76%.
Oppenheimer analyst Jason Helfstein maintained an Outperform rating and cut the price target from $260 to $220 on April 28, 2025. This analyst has an accuracy rate of 78%.
Stifel analyst Mark Kelley maintained a Buy rating and cut the price target from $275 to $248 on April 23, 2025. This analyst has an accuracy rate of 83%.
Goldman Sachs analyst Eric Sheridan maintained a Buy rating and cut the price target from $255 to $220 on April 22, 2025. This analyst has an accuracy rate of 78%.
Raymond James analyst Josh Beck downgraded the stock from Strong Buy to Outperform and slashed the price target from $275 to $195 on April 21, 2025. This analyst has an accuracy rate of 77%.

Considering buying AMZN stock? Here’s what analysts think: