---
title: "AMZN Earnings: Amazon Smashes Q1 Expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284635881.md"
description: "Amazon (AMZN) reported Q1 earnings of $2.78 per share, exceeding the $1.63 estimate, with sales rising 17% year-over-year to $181.50 billion, surpassing expectations of $177.28 billion. Wall Street maintains a Strong Buy consensus on AMZN, with an average price target of $289.05, suggesting a 10.09% upside potential. Estimates may change post-earnings report."
datetime: "2026-04-29T20:06:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284635881.md)
  - [en](https://longbridge.com/en/news/284635881.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284635881.md)
---

# AMZN Earnings: Amazon Smashes Q1 Expectations

E-commerce and cloud computing giant Amazon (AMZN) reported better-than-expected results for the first quarter. Earnings per share came in at $2.78, which easily surpassed analysts' consensus estimate of $1.63 per share. Further, sales increased by 17% year-over-year to $181.50 billion. This beat analysts' expectations of $177.28 billion.

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## **What Is the Price Target for AMZN Stock?**

Currently, Wall Street has a Strong Buy consensus rating on Amazon stock based on 40 Buys and two Holds. The average AMZN stock price target of $289.05 indicates 10.09% upside potential. However, it's worth noting that estimates will likely change following today's earnings report.

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