---
title: "CICC raises Amazon's target price to $280, as computing capacity rapidly comes online to accelerate growth in cloud computing services"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264363207.md"
description: "CICC raised its target price for Amazon to $280, mainly due to the better-than-expected performance of its cloud computing services (AWS). Amazon's total revenue for the third quarter of fiscal year 2025 increased by 13% year-on-year to $180.2 billion, and net profit grew by 38% to $21.2 billion due to investment income. CICC expects revenue for 2025 and 2026 to be raised by 1.1% to $715.7 billion and $799 billion, respectively, and net profit to be raised by 7% and 1.6% to $76.4 billion and $89.1 billion, maintaining an \"outperform\" rating"
datetime: "2025-11-05T07:03:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264363207.md)
  - [en](https://longbridge.com/en/news/264363207.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264363207.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/264363207.md) | [繁體中文](https://longbridge.com/zh-HK/news/264363207.md)


# CICC raises Amazon's target price to $280, as computing capacity rapidly comes online to accelerate growth in cloud computing services

CICC's research report pointed out that Amazon (AMZN.US) announced its third-quarter performance for the fiscal year 2025, with total revenue increasing by 13% year-on-year to $180.2 billion. Operating profit remained unchanged from the same period last year at $17.4 billion, and net profit increased by 38% year-on-year to $21.2 billion due to the inclusion of a $9.5 billion investment gain from Anthropic, corresponding to a diluted earnings per share of $1.95.

CICC stated that due to the better-than-expected performance of Amazon Web Services (AWS) in this quarter, the company's revenue and profit exceeded market and its own expectations. It believes that cloud supply is expected to continue to release, slightly raising the revenue forecasts for 2025 and 2026 by 1.1% each to $715.7 billion and $799 billion, respectively.

Considering that the company is still in a profit release cycle, CICC raised Amazon's net profit forecasts for 2025 and 2026 by 7% and 1.6% to $76.4 billion and $89.1 billion, respectively; maintaining an "outperform industry" rating; and given that the company is expected to benefit from cloud growth in the long term, it raised the target price by 17% to $280, corresponding to 21 times and 17 times enterprise value multiples (EV/EBITDA) for 2025 and 2026, with a 10% upside potential

### Related Stocks

- [Amazon.com, Inc. (AMZN.US)](https://longbridge.com/en/quote/AMZN.US.md)
- [Direxion Daily AMZN Bull 2X Shares (AMZU.US)](https://longbridge.com/en/quote/AMZU.US.md)

## Related News & Research

- [Amazon Stock Investors Just Got Great News Concerning OpenAI and Robotaxis](https://longbridge.com/en/news/281149116.md)
- [K-Buddhism: "AI Sage", Can an AI awaken to its Original Nature? | AMZN Stock News](https://longbridge.com/en/news/281059138.md)
- [AWS introducing a new UK customer addendum](https://longbridge.com/en/news/281226104.md)
- [Amazon's satellite business gets another win as it seeks to challenge Musk's Starlink](https://longbridge.com/en/news/281201680.md)
- [Amazon.com, Inc. $AMZN Stake Increased by NorthCrest Asset Manangement LLC](https://longbridge.com/en/news/280758277.md)