Amazon.com, Inc., the multinational technology giant headquartered in Seattle, Washington, is preparing to release its financial results for the fourth quarter after the market closes on Thursday, February 5. Market analysts are projecting an increase in Amazon's earnings per share (EPS) for this period, with consensus estimates standing at $1.97 per share. This outlook represents an improvement from the $1.86 per share reported in the same quarter last year.
In addition to earnings, revenue forecasts demonstrate optimism about the company's sales growth over the previous year. Experts expect Amazon's quarterly revenue to reach approximately $211.32 billion, a notable rise from $187.79 billion recorded a year earlier. Historical performance data underscores Amazon’s tendency to exceed revenue projections, having surpassed analyst revenue estimates in nine of the last ten quarters, including a streak of five consecutive quarters.
Despite these optimistic projections, Amazon's stock price experienced a decline recently, with shares falling by 2.4% to close at $232.99 on Wednesday ahead of the earnings announcement. This price movement reflects market volatility often present before major earnings releases.
Market participants who seek further analyst guidance can access updated evaluations through dedicated financial platforms that categorize stock ratings by various criteria such as ticker symbol, company name, analyst firm, and rating changes.
Analyst Coverage and Ratings Revision
Several of the most accurate equity analysts following Amazon have maintained positive ratings while adjusting their price targets in light of the upcoming earnings report.
- Stephen Ju, an analyst at UBS, continues to recommend buying Amazon stock, raising his price target modestly from $310 to $311 as of February 3, 2026. Ju's analysis is noted for a 74% accuracy rate, signaling reliable forecasting within his coverage universe.
- Andrew Boone from Citizens has sustained a Market Outperform rating on Amazon while elevating his price target from $300 to $315 on February 2, 2026. Boone's forecast precision also aligns closely with market realities at a 74% accuracy figure.
- Joseph Feldman at Telsey Advisory Group retains an Outperform rating with an unchanged price target set at $300 as of January 30, 2026. Feldman’s analyst record shows a 69% accuracy rate.
- Scott Devitt of Wedbush continues to endorse an Outperform rating, holding his price target steady at $340 as of January 29, 2026. Devitt has a notably high accuracy rate of 80%, underscoring confidence in his assessments.
- Jason Helfstein at Oppenheimer has reiterated an Outperform rating and increased his target price from $305 to $315 on January 28, 2026. Helfstein is also among the more accurate analysts, matching an 80% accuracy statistic.
Market Performance Metrics and Investor Guidance
Investors considering Amazon’s stock can leverage various ranking tools that provide a composite view of key performance metrics. For example, recent analytics assign Amazon scores across momentum, quality, and value dimensions, enabling a nuanced evaluation of the stock’s potential trajectory over short, medium, and long-term timeframes.
This analytical framework helps investors understand Amazon's relative position in the marketplace and make informed decisions aligned with their risk tolerance and investment goals.
Summary and Forward-Looking Considerations
As Amazon nears its fourth-quarter earnings release, the company’s strong historical performance in surpassing revenue expectations and the optimistic forecasts for EPS and top-line growth build a positive backdrop. The adjustments in price targets by highly reputable analysts denote a broadly bullish stance, albeit within a context where stock prices have displayed some pre-report volatility.
Observers will examine the upcoming earnings data carefully to validate or revise these projections, which will, in turn, influence investor sentiment and market valuations moving forward.