Amazon.com Inc.'s shares have seen a notable rebound of 10% this past week, recovering from a five-day low, yet they remain significantly down for 2025 with a 17.45% year-to-date loss. Following a strong performance that saw the stock rise 50.33% from its one-year low to an all-time high in early February, it has since dropped nearly 25%. Analysts, including Jefferies, have revised their price targets but still maintain buy ratings, indicating confidence in Amazon's burgeoning AWS and upcoming AI ventures, including its proprietary AI model Nova set for launch in June.
Shares of Amazon have rebounded 10% this week but struggle in 2025, with a -17.45% year-to-date loss despite a previous high of 50.33% gain from last year.
Jefferies adjusted Amazon's price target to $250, maintaining a 'Buy' rating, reflecting strong analyst confidence despite challenges in certain business segments.
Amazon's latest ad revenue reached $17.3 billion, growing 18% quarter-over-quarter, driven by record streaming views that boost its holiday retail sales and AWS services.
The company is set to launch Nova, a proprietary AI model aimed at competing with major players in the AI market, showcasing its commitment to innovation and growth.
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