On November 4, 2025, analysts continued to revise Amazon's earnings estimates higher, with the consensus estimate for the current quarter rising by 5.05% and the full-year estimate up 5.55% over the past month. This positive momentum has helped Amazon earn a Zacks Rank #2 (Buy), and shares have gained 15% over the past four weeks, indicating strong investor confidence in its growth outlook[1]. The stock closed at $249.32 on November 4, 2025, down 1.84% for the day, despite the positive estimate revisions. The decline likely reflects broader tech sector weakness and market volatility, rather than company-specific negative news. Recent analyst actions, including maintained Outperform ratings from Mizuho and Rosenblatt, further reinforce the positive sentiment around Amazon's business fundamentals[2][3].