Amazon earnings preview: Wall Street eyes AI, AWS growth
Coverage from Businessinsider says Amazon's Q4 earnings report, due Thursday after the close, has Wall Street looking for bullish updates on AI and Amazon Web Services (AWS). Analysts expect earnings per share of $1.96, revenue between $211.2 billion and $211.56 billion, and earnings before interest and taxes of about $24.6 billion.
The stock has lagged many mega-cap peers over the past year, but several investment banks are optimistic about a strong quarter. Bank of America expects revenue of $213 billion, EBIT of $26 billion, and roughly 22% year‑over‑year AWS growth. JPMorgan points to AWS price increases and ramping AI contributions as drivers of acceleration, while Deutsche Bank sees a positive quarter that could chip away at underperformance.
UBS raised estimates for AWS growth and capex, citing plans to double capacity by 2027, and Mizuho highlights benefits from AI demand, e‑commerce improvements, and advertising.