Amazon's Q4 Earnings Expected to "Soar Again," Analysts Raise Target Price by Nearly 30%

Gelonghui, February 2｜Amazon will announce its fourth quarter financial report after the US market closes on February 5, Eastern Time. According to financial analyst Nova Capital, ahead of the earnings release, Amazon appears quite undervalued considering the level of business growth expected over the next few years. There is more than 28% upside potential over the next 12 months, and the fourth quarter results are expected to be very strong.