# Amazon Stock Analysis: AWS Growth Concerns Amid Strong Q3 Earnings

In this insightful episode, we dive deep into Amazon's current market position, where AMZN stock recently traded at $227.35 with slightly lower-than-average volume despite beating Q3 earnings expectations. Discover why Amazon's 3.6% YTD growth lags behind the broader market as investors express concerns over Amazon Web Services falling behind competitors in AI infrastructure development.

We analyze Amazon's impressive Q3 performance with revenue reaching $180.17B (up 13.4% YoY) and EPS of $1.95 exceeding analyst estimates. Learn about the company's ambitious Q4 guidance projecting 10-13% growth and potential game-changing strategies including a rumored $10B investment in OpenAI that could revolutionize AWS through custom chip development.

Our expert breakdown covers Amazon's strategic initiatives like ultra-fast Amazon Now delivery and their appointment of a new AI chief to compete with tech rivals. We examine why analysts maintain a strong "Buy" consensus with an average price target of $295.80 (suggesting nearly 30% upside potential) and highlight recent analyst upgrades from major firms including BMO Capital, Morgan Stanley, and TD Cowen.

Don't miss our forecast on Amazon's path to joining the exclusive $3 trillion market cap club by 2026, potentially outperforming competitors like Alphabet. Subscribe now for more expert market analysis from Quiet Please Productions.

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This content was created in partnership and with the help of Artificial Intelligence AI