Bernstein has increased its price target for Amazon.com Inc. (NASDAQ: AMZN) to $265 from $235. The firm maintains an Outperform rating, reflecting confidence in Amazon’s sustained growth and operational efficiency.

Key Highlights:

1. Growth Across Business Segments:

   • Amazon’s core segments, including retail, AWS, and advertising, continue to drive strong growth.
   • Advertising revenue alone is set to grow by approximately 20% annually, showcasing its scalability.

2. Boost in Operational Efficiency:

   • Effective cost-cutting measures, such as reducing inbound fees and enhancing seller participation, are projected to improve margins to 11.4% by 2025.

3. Valuation and Future Growth Prospects:

   • Despite a 55% YTD gain, Amazon’s current valuation remains below historical norms, suggesting there is potential for further growth.

Insights for Investors

• Explore Amazon’s EBIT trends and operational efficiencies using Entreprenerdly.com.
• Dive into Amazon’s revenue streams with Entreprenerdly.com to analyze key drivers of growth.