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Amazon.com, Inc. (AMZN) demonstrated significant growth, with a stock surge of 30.9% over the past three months, outperforming the broader Zacks Retail-Wholesale sector and S&P 500, which returned 21.4% and 26%, respectively. In the first quarter of 2025, AWS generated $29.3 billion in revenue, marking a year-over-year growth of 16.9%, solidifying its status as a leader in enterprise cloud computing.
AWS holds a market share of 29.1% in the cloud services sector, which includes a total enterprise spending share of 63% achieved by AWS, Microsoft Azure, and Google Cloud. Additionally, AWS reported a significant backlog of $189 billion, indicating strong future revenue prospects amid ongoing digital transformations across various industries.
Amazon’s net income for the first quarter rose 64.4% to $17.1 billion, reflecting operational growth alongside a solid balance sheet with $66.2 billion in cash and equivalents. The consensus estimate for 2025 net sales stands at $694.49 billion, showing an expected increase of 8.86% from the previous year.
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