AMZN is trading at $222.70, down 4.4% today as investors brace for fourth-quarter earnings and potential uncertainty regarding AWS growth and AI capital expenditure.
- Options markets are pricing in a potential 7% move following the earnings announcement, with downside risk if AWS shows signs of plateauing or capex guidance appears excessive.
- Analyst sentiment remains overwhelmingly positive with 21 of 22 tracked analysts rating the stock a buy and an average price target of $298, implying 25%+ upside.