Amazon’s Q1 Breakdown: Numbers That Spearhead a Rally
Rahul Nambiampurath from Trading.biz has been deep‑scrolling through Amazon’s climb this year, and the first quarter is speaking louder than ever.
Key Highlights
- EPS (Earnings per Share): $0.98 – a stellar nudge above the $0.83 market expectation. Shows investors are still smiling.
- Revenue: $143.3 B – beating the forecast of $142.5 B. The sales engine is still revving.
- AWS Revenue: $25 B – once again blowing past predictive numbers. Cloud’s the new gold rush.
- Operating Income: $15.3 B – a 200% jump, hinting at a stronger “profit margin” rocket.
- Net Income: tripled from the same quarter in 2023. It’s a “how‑do‑we‑keep‑going” signal.
Looking Forward
Amazon’s Q2 guidance is aiming at $149 B in revenue—a 7% to 11% bump. That’s a promising pull‑up for the digital juggernaut.
So, what does Rahul see? He’s all buzzed up: if Amazon keeps this pace, marching past the $200 threshold by year‑end feels like a reality, not a fantasy.
Bottom line? Amazon’s stock has never looked greener—at least, according to the numbers and Rahul’s optimistic outlook. It’s set to keep defying expectations and might just keep climbing higher.
Amazon’s (AMZN) technical analysis
How Rahul Decoded Amazon’s Short‑to‑Mid‑Run Moves
Feeding in the latest daily chart, Rahul broke AMZN’s price action into three flashpoints: now, what’s brewing, and watch out. The stock is sitting at $179, a solid 6% climb from last week’s close.
- Big jump, small window – a 6% spike isn’t headline‑level, but it’s the kind of uptick that can ignite a trader’s green‑light.
- Why this matters – in a market that thrives on momentum, a short‑term boost often sets the stage for a longer swing.
- Next steps – keep your eye on Friday’s session and the upcoming earnings call for any added fire.
Amazon’s Daily Price Action: A Quick Take
What the chart tells us: AMZN’s stock has been riding high within an ascending trend channel—good news for fans of dollar‑and‑cents analysis. While the price is still hugging the lower trendline, it’s been smart enough to avoid breaking it.
Short‑Term Outlook
- Range‑bound rally. Rahul’s eye‑flower points to a near‑term play where AMZN will trade in a tight band.
- Support hold. The key floor sits at $167.44—if the price dips back, that’s the level to watch.
- Bearish whisper. The RSI shows a soft, hidden divergence, hinting at a slight pullback that could actually be a blessing for shrewd buyers.
Mid‑Term Possibilities
Once the weekly close nudges above the 50‑day exponential moving average (the shiny red line), the room opens for a push toward the upper trendline.
- Fibonacci signals. Rahul milked the latest swing low and half‑cooked swing high for a set of resistance targets: $187.27, $193.77, then the big three‑digits at $200.28.
- Volume‑driven breakout. If AMZN crosses that $187.27 mark on a surge of trading activity, a march to $200 is on the cards.
Bottom Line
In plain English, Amazon traders may enjoy a strategic plateau at the moment. The path to $200 is still there, but it hinges on a clean pass over the $187 benchmark with plenty of volume behind it. Keep your eyes on the charts, and you might just catch the next big move.
What other elements could work for AMZN?
Fed’s Rate‑Hold Keeps Amazon in the Fast Lane
Why the Fed Stays on the Same Track
The Federal Reserve’s decision to keep rates steady at a 5.25%‑5.5% range means no immediate price hikes on the horizon.
This calm is a double‑edged sword:
- It keeps borrowing costs predictable for businesses.
- It opens the door for a gentle rate cut by year‑end, which could spark a spending spree.
Amazon’s Game Plan – Growth & Delivery
According to Rahul, Amazon’s expansion plans are set to turbo‑charge logistics and supply‑chain giants like Zebra Technologies (ZBRA) and FedEx (FDX).
He thinks the company’s growth will ripple through the delivery ecosystem, making warehouses, fleets, and tech touchpoints smarter and more efficient.
What the Analysts Say
Barton Crockett from Rosenblatt Securities is all in on Amazon, handing it a “Buy” rating with a price target of $220.
His upbeat outlook lines up nicely with Rahul’s expectations.
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