08:20 AM EDT, 10/31/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Following strong Q3 results and an upbeat Q4 outlook, we lift our 12-month target price to $303 from $296, 31x our 2027 GAAP EPS. We now forecast GAAP EPS of $7.25 for 2025 (from $6.92; includes one-time items from Q3), $7.83 for 2026 (unchanged), and $9.77 for 2027 (from $9.87). AWS concerns should ease with revenue growth accelerating to 20% Y/Y (from 17% in Q2), putting AWS at a $132B annualized run-rate business (vs. $40B in 2019). Further acceleration is likely amid heavy capex investments, a $200B backlog (excludes new wins from October), and the ramp of Project Rainier, a massive AI compute cluster built for Anthropic. Reflecting this, we lift our capex forecasts to $126B from $117B for 2025 and to $140B from $126B for 2026. In e-commerce, we see ample room for further efficiency gains, especially with automation/robotics. 22In digital ads, where growth has now accelerated for three quarters (from 17.7% in Q1 to 23.5% in Q3), we see AMZN's full-funnel advertising approach lifting more share gains.