The world’s largest online retailer, Amazon, positively surprised Wall Street with its third quarter performance, driving its share price up by over 12% in the aftermarket hours and into uncharted all time high territory once again.
Robust revenue growth across its core businesses, retail and cloud, toppled analysts’ lofty expectations and have also contributed positively to the performance of the Nasdaq in today’s premarket session, which holds close to record highs.
Earnings per share forecast from analysts stood at $1.57 and actual EPS grew at a faster pace, reported at $1.95 marking an impressive 25% increase in Q3 of 2025. Revenue estimates ranged around $177.8bn and the company exceeded those expectations, posting $180.2bn, marking a 12% increase on a year-on-year basis.
The notorious cloud division delivered once again, growing at its fastest pace since 2022, with AWS services firing on all cylinders, showcasing yet again strength, solidifying analysts’ views that that the cloud giant is becoming a full-fledged AI powerhouse that would easily rival Microsoft’s Azure and Google’s Cloud a run for their money.
Furthermore, revenue connected to AI investment already yielded benefits for the company, in contrast with Apple and Meta who continue to toss money into the AI furnace, without a glimpse of cashflow.
The company also unveiled aggressive plans to expand its data centre footprint to keep up with competition through a multi-year AI buildout to meet surging demand for compute power
Post the earnings release analysts have now started to raise their targets for the e-commerce and cloud behemoth, on hopes that its strategic capacity expansion and investments in artificial intelligence will propel its AWS cloud division to the podium and yield higher degrees of profitability in the near future.
Technical Analysis
AMZN Chart – Shares of Amazon tap the $250 area for the first time in their history after superb earnings call
Resistance: 260 (R1), 270 (R2), 280 (R3)
Support: 243 (S1), 224 (S2), 211 (S3)