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BofA on Amazon.com (AMZN): 'Faster delivery expanding to rural America'

June 24, 2025 1:53 PM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $248.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "As part of Amazons $4bn+ investment to triple the size of our [rural] delivery network by the end of 2026, Amazon is expanding Same-Day and Next-Day delivery to over 4,000 small cities and towns by the end of this year. The... More

JPMorgan Reiterates 'Best Idea' on Amazon.com (AMZN)

June 24, 2025 6:27 AM EDT

JPMorgan analyst Doug Anmuth reiterated an Overweight rating and $240.00 price target on Amazon.com (NASDAQ: AMZN)

The analyst comments "Amazon remains our best idea and our December 2025 PT of $240 is based on ~32.5x our 2026E FCF of $75B. Retail advertising growing fast and gaining wallet share. Retail media is one of the fastest growing online ad verticals & represents an estimated 15-20% of US online ad spend (~$42B-$56B), and the advertising opportunity remains significant across both revenue & as a margin tailwind. The US online... More