Amazon jumps 5% after AWS and OpenAI announce $38B partnership

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Go back to Amazon jumps 5% after AWS and OpenAI announce $38B partnership

William Blair on Amazon.com (AMZN): 'we see an attractive setup from here as the company continues to execute'

November 3, 2025 12:11 PM EST

William Blair analyst Dylan Carden reiterated an Outperform rating and {REMOVEPT} price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "At an intraday price of $255.26, Amazon is trading at 13.4 times our out-year adjusted EBITDA estimate. We believe this is a compelling... More

Mizuho on Amazon.com (AMZN): 'We view the OpenAI deal validating the long-term opportunity for AWS'

November 3, 2025 12:02 PM EST

Mizuho analyst Lloyd Walmsley reiterated an Outperform rating and $300.00 price target on Amazon.com (NASDAQ: AMZN).

The anlayst comments "We view the OpenAI deal validating the long-term opportunity for AWS to more fully participate in GenAI infrastructure demand, which should drive estimates upside and multiple expansion for AMZN shares. AMZN is our top pick in the Internet space. Our PT is $300, with $350 in our Bull Case, predicated on faster top line at AWS and a 35x PE/ on '27 (vs 3 / 5-year avg of 31x / 37x). Key Terms to... More