11:27 AM EDT, 10/24/2025 (MT Newswires) -- Amazon.com's ( AMZN ) Q3 results are likely to reflect Amazon Web Services momentum, strong advertiser demand, and healthy retail trends, supported by continued fulfillment optimization and a shift to higher-margin businesses, Wedbush said in a note Friday.

Amazon's ( AMZN ) growth may accelerate further, driven by artificial intelligence monetization, automation gains, Project Kuiper rollout, and a potential Prime price hike in 2026, the investment firm said.

Wedbush raised its Q3 operating income estimate to $20.1 billion with an 11.2% margin, 2% above consensus.

Amazon ( AMZN ) outperformed rivals Walmart ( WMT ) and Target ( TGT ) in a recent survey, with 61% of respondents expecting to spend more on Amazon's ( AMZN ) platform over the next twelve months, according to the note.

Prime Day and Prime Big Deal Days are seen as positive contributors, with record sales during the July event and solid demand during the October sale, Wedbush analysts said.

Wedbush raised its price target on the stock to $280 from $250, and maintained an outperform rating.

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