Citizens reiterated its Market Outperform rating on Amazon.com Inc. shares, maintaining a $315 price target as the company’s logistics infrastructure and cloud computing dominance underpin its outlook.
The rating follows an analysis of Amazon’s valuation metrics, which currently trade at 23.8 times estimated 2027 GAAP earnings per share and 10.9 times projected EBITDA, compared with a trailing P/E of 20.92 and diluted earnings of $12.44 per share over the past year. Citizens projects Amazon’s 2027 GAAP EPS at $10.99, with EBITDA estimated at $262 billion.
Rosenblatt Securities initiated coverage on Amazon with a Buy rating and a $335 price target, emphasizing anticipated growth in Amazon Web Services. InvestingPro data indicates Amazon appears undervalued at current levels, with 22 analysts recently raising earnings estimates for the coming period.
Amazon’s logistics network and AWS leadership were key factors cited by Citizens in its decision. The company’s expansion in Northwest Louisiana further supports its cloud infrastructure strategy, with a planned $18 billion investment in Shreveport including a third data center campus. The project is expected to generate up to 750 full-time jobs and support an additional 2,500 positions in the region.
Morgan Stanley analysts projected significant AI financing developments by mid-2026, identifying Amazon among companies poised to increase capital expenditures. Their outlook suggests these investments could deliver a return on invested capital of at least 25%.
