1. AMZN to report Q4 earnings on Thursday; EPS expected at $1.49. 2. Stock up 40.71% YTD and showing bullish momentum ahead of earnings. 3. Technical indicators suggest potential upside but note short-term resistance levels. 4. Analysts predict 15% upside with a price target of $255.37 for AMZN.
Positive earnings expectations and strong analyst ratings can drive AMZN's price higher. Similar situations have led to upward momentum in the past.
Earnings reports greatly influence stock prices, especially for high-profile companies like AMZN. Analyst expectations also play a key role in investor sentiment.
The upcoming earnings report creates immediate impact potential for AMZN's stock. Typically, earnings announcements affect stock performance in the short term.