Is Amazon stock a buy now?

Core Insights - Amazon's stock has declined by 16% over the past month due to macroeconomic uncertainties and disappointing Q1 2025 guidance [1] - Despite beating Wall Street expectations for Q4 and full-year 2024 earnings, the company's projected Q1 2025 revenue fell short of consensus estimates, raising concerns about growth [2] Financial Performance - Amazon reported a 10% year-over-year revenue increase, but projected Q1 2025 revenue between $151 billion and$155.5 billion, missing the $158.5 billion consensus estimate [2] - At the lower end of the projection, this would represent Amazon's slowest quarterly growth rate since going public in 1997 [2] Market Position - Amazon maintains a dominant position in the U.S. e-commerce market, accounting for 39.6$17.29 billion in revenue in Q4 2024, reflecting an 18% year-over-year increase, making Amazon the third-largest platform in the global digital advertising market [6] Technical Analysis - Technical indicators suggest a potential bullish setup for Amazon stock, with a noted price target of $300 by the end of 2025 [7] - The stock recently broke below its 50-week moving average for the first time since August 2024, indicating a potential buying opportunity [8] - Historical trends show that when Amazon's stock hits similar levels, it has rallied approximately 65.24% in the following months, suggesting significant upside potential [9]