Every Major Wall Street Analyst On The Cyberspace Giant's Lucre Study (Amzn)

We'll move dorsum alongside to a greater extent than almost why nosotros focused on the cloud materials inwards yesterday's "Ahead of Amazon's Earnings: I've Looked at Clouds From Both Sides Now (AMZN; GOOG)". For at ane time this segment information from the Q2 press release is the TL;DR:

Operating income: AWS  $1.642 billion
Total operating Income  $2.983 billion

Yes, the cloud delineate organisation accounted for 55% of the company's operating income.

Here's CNBC alongside the analysts:

Amazon shares rallied afterward the e-commerce giant reported a second-quarter turn a profit that doubled Wall Street's expectations.

Amazon's stock jumped to a greater extent than than four percentage inwards premarket trading Friday.
"Amazon continues to perform at a degree well-above its mega cap meshing peers," Barclays said inwards a note.

"In a critical time, Amazon's stellar sales too burgeoning margin expansion helped decouple it from its FANG peers," said Nomura Instinet.
Here's a twine of all the major analyst opinions.

J.P. Morgan (Overweight):

"Overall, Amazon remains ane of our tiptop picks too is on our Analyst Focus List. Amazon has at ane time shown pregnant turn a profit upside 2 quarters inwards a row, too piece revenue too unit of measurement growth were modestly below expectations, 26 percentage yr over yr FXN growth ex-Whole Foods Market is nonetheless strong, too solely a l footing points of sequential deceleration off a large base. Importantly, nosotros believe whatsoever revenue softness volition move overshadowed past times the turn a profit upside. We reiterate our Overweight rating & are establishing a 2019 toll target of $2,200 based on our SOP analysis."

Barclays (Overweight):

"Amazon continues to perform at a degree well-above its mega cap meshing peers, alongside revenue too operating income that was in-line too 68 percentage to a higher house consensus respectively. Amazon Web Services revenue accelerated ane time once again for the 3rd quarter inwards a row. Operating income growth of 79 percentage was the stand-out ane time again, too retail margins are likewise expanding at the highest charge per unit of measurement inwards recent years. Valuation too sentiment exceed along to force the upper limits, but nosotros believe the execution is justifying farther upside for shares, every bit our operating income increases approximately other twenty percentage or to a greater extent than inwards the out yr on this result. Amazon remains ane of our favorite ideas inwards mega cap."

Bank of America (Buy):

"No modify to our thesis visit that rigid growth of Amazon's higher-margin businesses (cloud, advertising, 3P) volition move the primal sentiment drivers for 2018 too tin laissez passer notice exceed along to get profitability upside. We visit Amazon every bit having the to the lowest degree amount of long-term disruption opportunity inwards the FANG (Facebook, Amazon, Netflix too Google) group. We reiterate our Buy rating too heighten our PO to $2,200 from $1,840 based on higher estimates too multiples inwards our substance of the parts analysis."

Credit Suisse (Outperform):...

...MUCH MORE

The stock is upward $62.14 (+3.44%) at $1,870.14.