---
title: "Amazon Stock's Recent Pullback Offers 'Unique Opportunity': Analyst"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234097824.md"
description: "Amazon shares have declined 9% in the past month, but WestPark Capital analyst Curtis Shauger views this as a buying opportunity. He initiated coverage with a Buy rating and a $280 price target, citing Amazon's e-commerce dominance and strong AWS performance. Shauger estimates AWS revenue growth of 20% in 2024 and highlights Amazon's low valuation multiples, suggesting potential for improvement. He believes the stock will rise as profitability becomes more evident."
datetime: "2025-04-01T17:18:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234097824.md)
  - [en](https://longbridge.com/en/news/234097824.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234097824.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/234097824.md) | [繁體中文](https://longbridge.com/zh-HK/news/234097824.md)


# Amazon Stock's Recent Pullback Offers 'Unique Opportunity': Analyst

**Amazon.com, Inc.** AMZN shares are down 9% over the last month, but WestPark Capital analyst Curtis Shauger sees a buying opportunity in the stock's recent pullback.

**Expert Ideas:** Shauger initiated coverage on Amazon stock with a Buy rating and $280 price target based on the company's dominance in e-commerce and Amazon Web Services' top position in the "infrastructure as a service" market.

The firm estimates Amazon's general merchandise value to be nearly $1.3 trillion in 2024, nearly four times the size of **Shopify's** and 13 times the size of **Walmart's** GMV.

**Read Next:** **Trump Slaps 25% Tariffs On Autos: What It Means For Your Next Car Purchase**

Shauger also pointed to AWS revenue growth of 20% in 2024 and 36% EBIT margins as top of the class in the IAAS market. WestPark estimates AWS is nearly double the size of Microsoft's Azure and nearly triple the size of Alphabet's Google Cloud Platform.

Amazon's recent pullback offers a "unique opportunity" as the stock now trades at valuation multiples nearall-time lows, approximately 12 times EBITDA basis, the analyst said.

Shauger sees the multiple improving with continued improvement in e-commerce margins, moderation in capital expenditures or an improvement in growth.

The firm's $280 price target is based on a 15 times multiple and an EBITDA estimate of $205 billion.

"We believe AMZN will trade up to the mid point of its recent historical range as the inherent profitability of its model continues to show through," Shauger said.

**Read More:**

-   **Trump To Target ‘Dirty 15’ Countries With Tariffs: Which Countries Could Be Included?**

_Image: Shutterstock_

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