Latest news with #TigressFinancial
Yahoo
4 days ago
- Business
- Yahoo
Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: 'If You Give People More Control...Maybe They'll Order More'
In a 2002 MIT presentation, Inc. (NASDAQ:AMZN) founder Jeff Bezos discussed the surprising success of allowing customers to cancel their own orders. What Happened: During the talk, Bezos said that to foster innovation, companies need to make experiments affordable. If experiments are expensive, only a few will be able to run them, limiting the potential for innovation. He gave the example of how Amazon uses A/B testing (a way of comparing two versions of something to see which performs better) as a low-cost way to experiment with new ideas like personalization algorithms. This helps test ideas without huge investments. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The Amazon founder also pointed out that predicting how consumers will behave is tough and can often lead to wasted effort. Rather than debating and speculating, it's more effective to try something and observe the outcome. Amazon did this with features like self-service tools for customers to cancel orders. Despite internal concerns, Bezos defended the move, saying, "If you give people more control over their environment... maybe they'll order more." This bold decision was based on the theory that empowering customers would build trust and drive increased sales. "We couldn't really do a low-cost experiment... so we just went ahead and built it," Bezos explained. Why It's Important: Amazon currently has a market cap of $2.2 trillion, making it the fourth most valuable company in the world. Last month, Amazon reported first-quarter net sales of $155.7 billion, marking a 9% year-over-year increase and surpassing the Street consensus estimate of $155.04 billion. Over the past five years, Amazon shares have gained 66.92%, though they remain down 5.90% year-to-date, according to Benzinga Pro. Amazon currently holds a consensus price target of $248.80 based on the ratings of 41 analysts. The highest target, $305, was issued by Tigress Financial on May 6, 2025, while the lowest, $195, came from Raymond James on April 21, 2025. The three latest analyst ratings by JP Morgan, BofA Securities and Tigress Financial gave it an average price target of $264.33, suggesting a potential upside of 27.64%. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Photo Courtesy: Lev Radin on UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Jeff Bezos Let Customers Cancel Their Own Amazon Orders And It Paid Off Big: 'If You Give People More Control…Maybe They'll Order More' originally appeared on Sign in to access your portfolio
Globe and Mail
5 days ago
- Business
- Globe and Mail
3 Reasons Amazon Could Be the Best Tech Performer in June
Inc. (NASDAQ: AMZN) has been up nearly 30% since April and is already bouncing back swiftly after a minor dip last week. That short bout of profit-taking was more of a pause than a reversal, and the stock has quickly regained its footing, a textbook sign of a healthy uptrend. Heading into June, there are several reasons to believe that Amazon could outpace its big tech peers this month. Here are three of them. 1. Overwhelming Analyst Support [content-module:Forecast|NASDAQ:AMZN] Recently, Wall Street analysts have continued to support Amazon. In the last few weeks alone, firms like Citigroup and Tigress Financial have reiterated their Buy ratings, while Bank of America did the same on Monday of this week and even raised its price target to $248. From where the stock was trading during Tuesday's morning session, that points towards nearly 20% in potential upside. Bank of America's bullishness is grounded in Amazon's aggressive push into robotics. Analyst Justin Post estimates that further warehouse and delivery automation could unlock as much as $16 billion in annual cost savings by 2032. Amazon now has over 750,000 robots assisting with 75% of customer orders, and its newest robot, Vulcan, actually uses a sense of touch to improve sorting and fulfillment accuracy. Post believes these innovations will accelerate Amazon's shipping and fulfillment advantages and significantly enhance margins, especially as e-commerce becomes more price-transparent under AI-driven dynamics. He sees long-term retail operating margins potentially doubling, which should be music to the ears of investors right now. That kind of efficiency boost, layered on top of Amazon's already dominant position, helps explain why analysts are piling in, and it all bodes well for the stock's performance. 2. Strong and Improving Fundamentals Beyond the robotics story, Amazon continues to deliver where it matters. Revenue is consistently reported to be up year-over-year in its quarterly earnings reports, profitability is robust, and the company is improving margins across core business lines. Its advertising unit is consistently growing at a double-digit clip, third-party seller services are becoming more profitable, and AWS remains a long-term growth engine. While Amazon has flagged that its expenses will be increasing in the near term, largely as a result of cost-intensive AI-capable data centers, investors appear confident that this spending will fuel the next wave of cloud and infrastructure dominance. Bank of America, for example, sees serious crossover potential between Amazon's robotics efforts and its AI capabilities within AWS. That's the kind of flywheel effect that should yield major long-term leverage, and given how well the stock is performing, it appears investors are already buying into this. 3. Bullish Technical Setup The final reason to be excited about the tech giant heading into June is the fact that, technically speaking, Amazon is flashing all the right signals. The stock is in a well-defined uptrend, setting higher highs and higher lows since April. That structure is typically a strong sign that buyers are in control and momentum is building. Its Relative Strength Index (RSI) is trending higher but still only around 60, meaning there's plenty of room before the stock becomes overbought. Meanwhile, the MACD is on the verge of another bullish crossover, a key signal that could ignite the next leg of the rally. When a fundamentally strong company like Amazon also lines up technically, it creates a powerful case for further upside and clears the way for further bullish momentum. [content-module:TradingView|NASDAQ:AMZN] What to Watch in June All that being said, between analyst enthusiasm, improving efficiency metrics, and bullish technicals, Amazon has clearly positioned itself as one of the best-performing large-cap tech stocks heading into June. If momentum continues and the robotics narrative continues to deepen, the $248 price target from Bank of America might not be the ceiling, just a stop on the way. Investors watching from the sidelines may want to keep a close eye on that MACD signal and any further analyst commentary, as these could serve as further tailwinds that will only send Amazon shares to higher highs. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
Entrepreneur
6 days ago
- Business
- Entrepreneur
3 Reasons Amazon Could Be the Best Tech Performer in June
Once again, Amazon is gaining momentum. As we head into June, analysts are bullish, fundamentals are solid, and the chart setup looks like more upside is ahead. This story originally appeared on MarketBeat Inc. (NASDAQ: AMZN) has been up nearly 30% since April and is already bouncing back swiftly after a minor dip last week. That short bout of profit-taking was more of a pause than a reversal, and the stock has quickly regained its footing, a textbook sign of a healthy uptrend. Heading into June, there are several reasons to believe that Amazon could outpace its big tech peers this month. Here are three of them. 1. Overwhelming Analyst Support [content-module:Forecast|NASDAQ:AMZN] Recently, Wall Street analysts have continued to support Amazon. In the last few weeks alone, firms like Citigroup and Tigress Financial have reiterated their Buy ratings, while Bank of America did the same on Monday of this week and even raised its price target to $248. From where the stock was trading during Tuesday's morning session, that points towards nearly 20% in potential upside. Bank of America's bullishness is grounded in Amazon's aggressive push into robotics. Analyst Justin Post estimates that further warehouse and delivery automation could unlock as much as $16 billion in annual cost savings by 2032. Amazon now has over 750,000 robots assisting with 75% of customer orders, and its newest robot, Vulcan, actually uses a sense of touch to improve sorting and fulfillment accuracy. Post believes these innovations will accelerate Amazon's shipping and fulfillment advantages and significantly enhance margins, especially as e-commerce becomes more price-transparent under AI-driven dynamics. He sees long-term retail operating margins potentially doubling, which should be music to the ears of investors right now. That kind of efficiency boost, layered on top of Amazon's already dominant position, helps explain why analysts are piling in, and it all bodes well for the stock's performance. 2. Strong and Improving Fundamentals Beyond the robotics story, Amazon continues to deliver where it matters. Revenue is consistently reported to be up year-over-year in its quarterly earnings reports, profitability is robust, and the company is improving margins across core business lines. Its advertising unit is consistently growing at a double-digit clip, third-party seller services are becoming more profitable, and AWS remains a long-term growth engine. While Amazon has flagged that its expenses will be increasing in the near term, largely as a result of cost-intensive AI-capable data centers, investors appear confident that this spending will fuel the next wave of cloud and infrastructure dominance. Bank of America, for example, sees serious crossover potential between Amazon's robotics efforts and its AI capabilities within AWS. That's the kind of flywheel effect that should yield major long-term leverage, and given how well the stock is performing, it appears investors are already buying into this. 3. Bullish Technical Setup The final reason to be excited about the tech giant heading into June is the fact that, technically speaking, Amazon is flashing all the right signals. The stock is in a well-defined uptrend, setting higher highs and higher lows since April. That structure is typically a strong sign that buyers are in control and momentum is building. Its Relative Strength Index (RSI) is trending higher but still only around 60, meaning there's plenty of room before the stock becomes overbought. Meanwhile, the MACD is on the verge of another bullish crossover, a key signal that could ignite the next leg of the rally. When a fundamentally strong company like Amazon also lines up technically, it creates a powerful case for further upside and clears the way for further bullish momentum. [content-module:TradingView|NASDAQ:AMZN] What to Watch in June All that being said, between analyst enthusiasm, improving efficiency metrics, and bullish technicals, Amazon has clearly positioned itself as one of the best-performing large-cap tech stocks heading into June. If momentum continues and the robotics narrative continues to deepen, the $248 price target from Bank of America might not be the ceiling, just a stop on the way. Investors watching from the sidelines may want to keep a close eye on that MACD signal and any further analyst commentary, as these could serve as further tailwinds that will only send Amazon shares to higher highs. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
Yahoo
29-05-2025
- Business
- Yahoo
Tigress Sees More Roar in Amazon.com, Inc. (NASDAQ:AMZN): Price Target Hiked to $305
Tigress Financial recently raised the price target on Inc. (NASDAQ:AMZN) to $305 from $290 and kept a Buy rating on the shares following the Q1 report. Amazon operates as a technology conglomerate with core interests in the ecommerce business. In an investor note, the analyst noted that Amazon remains well positioned to weather any economic and consumer spending environment given its robust e-commerce and fulfillment capabilities. The company continued to lean into artificial intelligence integration and innovation to drive revenue, cash flow growth and increasing shareholder value, the analyst added. A customer entering an internet retail store, illustrating the convenience of online shopping. Latest reports show that Amazon-backed Anthropic, an artificial intelligence public benefit corporation, continues to attract investors as it closed on a $2.5 billion, five-year revolving credit facility. Morgan Stanley, Barclays, Citibank, Goldman Sachs, JPMorgan, Royal Bank of Canada and Mitsubishi UFJ Financial Group all participated in the credit facility. While we acknowledge the potential of AMZN, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Tigress Financial Boosts Lyft (LYFT) Price Target Following Record Q1 Performance
Tigress Financial's Ivan Feinseth upgraded his price target for Lyft, Inc. (NASDAQ:LYFT) from $26 to $28 on May 21 and maintained a Buy rating. The analyst cited the company's record-breaking Q1 2025 results and strategic initiatives as drivers for the upside. Feinseth highlighted Lyft's impressive Q1 2025 performance, which saw rides surge 16% to a record 218.4 million and active riders climb 11% to 24.2 million. The company generated $1.5 billion in revenue, up 14% year-over-year, while gross bookings reached $4.2 billion. This marked Lyft's 16th consecutive quarter of double-digit gross bookings growth. The analyst emphasized several growth catalysts driving his bullish outlook. Lyft recently launched its AI-powered Earnings Assistant, an industry-first tool helping drivers optimize their income through personalized guidance. The company also introduced Lyft Silver, targeting adults 65 and older. This demographic represents only 5% of current riders but is expected to reach 70 million Americans by 2030. Lyft, Inc. (NASDAQ:LYFT) is a mobility services company that operates a ride-hailing platform in the United States and Canada. It connects riders with drivers through its app and offers various ride options, including standard rides, shared rides, luxury rides (Lux, Lux Black), and larger vehicle rides (Lyft XL). While we acknowledge the potential of Lyft Inc. (NASDAQ:LYFT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LYFT and that has 100x upside potential, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Sign in to access your portfolio
