# Amazon Stock Soars After Earnings Beat: Analysts Project 20%+ Upside Potential
Discover why Amazon (AMZN) shares are capturing investor attention as they trade near $213.75, putting the e-commerce and cloud computing giant's market cap at an impressive $2.28 trillion. Despite recent lower-than-average trading volumes, Wall Street remains overwhelmingly bullish following Amazon's stellar Q2 earnings report that exceeded expectations with EPS of $1.68 versus $1.31 projected.
This episode breaks down Amazon's impressive 13.3% year-over-year revenue growth to $167.7 billion and examines why major investment firms including UBS Group are raising their price targets, with an average forecast of $262.45 - suggesting potential upside of over 20%. We'll explore how Amazon's robust net margins above 10% and return on equity exceeding 23% demonstrate its ability to convert massive revenue into substantial profits.
Learn why analysts are issuing consistent "Strong Buy" ratings and what Amazon's leadership position in both e-commerce and cloud computing means for investors considering this mega-cap tech leader in their portfolios.
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