Amazon targets April 9 launch of first Kuiper internet satellites

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Goldman Sachs Reiterates Buy Rating on Amazon.com (AMZN)

April 4, 2025 5:16 AM EDT

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $255.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "We believe that Amazon investors are (and will remain) focused on the potential financial impact of the reciprocal tariffs announced by President Trump on April 2 (weighted average tariff of 18.2%, inclusive of a 10% baseline tariffs & varying levels by individual country). In this note, we provide an illustrative analysis around the potential impact to Amazons 1P eCommerce business from those recent announcements. We see several potential scenarios that could carry a $5-10bn annualized... More