Evercore ISI's analyst has revised the price target for Marvell Technology (MRVL), trimming it to $133 from a previous $135, while maintaining an Outperform rating. The firm suggests investing in Marvell after its strong performance in the recent quarter, highlighting Marvell's ongoing collaborations with two key customers, believed to be Amazon (AMZN, Financial) and Microsoft. These partnerships are part of multi-generational programs that Marvell is focusing on.
Amongst AI-related stocks covered by Evercore ISI, Marvell stands out with its attractive valuation, presenting the lowest price-to-earnings ratio combined with the highest expected earnings per share growth. The analyst positions Marvell as a compelling choice for investors seeking favorable risk-reward opportunities in the AI sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 67 analysts, the average target price for Amazon.com Inc (AMZN, Financial) is $240.54 with a high estimate of $305.00 and a low estimate of $195.00. The average target implies an upside of 16.94% from the current price of $205.70. More detailed estimate data can be found on the Amazon.com Inc (AMZN) Forecast page.
Based on the consensus recommendation from 73 brokerage firms, Amazon.com Inc's (AMZN, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Amazon.com Inc (AMZN, Financial) in one year is $186.42, suggesting a downside of 9.37% from the current price of $205.7. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Amazon.com Inc (AMZN) Summary page.
AMZN Key Business Developments
Release Date: May 01, 2025
- Revenue: $155.7 billion, up 10% year-over-year, excluding foreign exchange impact.
- Operating Income: $18.4 billion, up 20% year-over-year.
- Free Cash Flow: $25.9 billion trailing 12-month.
- North America Revenue: $92.9 billion, an increase of 8% year-over-year.
- International Revenue: $33.5 billion, an increase of 8% year-over-year, excluding foreign exchange.
- Advertising Revenue: $13.9 billion, growing 19% year-over-year.
- AWS Revenue: $29.3 billion, an increase of 17% year-over-year.
- AWS Annualized Revenue Run Rate: Over $117 billion.
- Net Income: $17.1 billion, includes a pretax gain of $3.3 billion from investment in Anthropic.
- Capital Expenditure: $24.3 billion in Q1, primarily for technology infrastructure and fulfillment network.
- Q2 Revenue Guidance: Expected between $159 billion and $164 billion.
- Q2 Operating Income Guidance: Expected between $13 billion and $17.5 billion.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Amazon.com Inc (AMZN, Financial) reported a 10% year-over-year increase in revenue, reaching $155.7 billion, excluding the impact of foreign exchange rates.
- Operating income rose by 20% year-over-year to $18.4 billion, showcasing strong financial performance.
- Amazon Web Services (AWS) achieved a 17% year-over-year growth, reaching a $117 billion annualized revenue run rate.
- The company set new delivery speed records, delivering more items in the same day or next day than any other quarter in its history.
- Amazon's advertising revenue grew by 19% year-over-year, generating $13.9 billion, indicating strong growth in this segment.
Negative Points
- Amazon.com Inc (AMZN) faces uncertainty due to potential heightened tariffs, which could impact pricing and demand.
- The company recorded onetime charges related to historical customer returns and costs to receive inventory pulled forward due to anticipated tariffs.
- AWS capacity constraints are limiting the ability to capture more AI revenue, despite high demand.
- The macroeconomic environment remains complex, with uncertainties around consumer demand and global trade impacting future guidance.
- Stock-based compensation expenses are expected to increase in Q2, impacting operating income.
