Amazon stock price May 2025 trajectory hinges on cloud segment scaling and fulfillment cost efficiencies. Analysts price in 6–8% sequential growth. Institutional fund flow data shows persistent overweight positioning in AMZN versus other mega‑caps. None of this diminishes the strategic logic. If Ventura delivers an OS that reduces friction for viewers and advertisers while improving monetization for content owners, this could lead to a cleaner and more efficient supply chain for CTV, ultimately benefiting The Trade Desk's core platform and making it more valuable over time. The DirecTV tie-up is an important first step toward testing that thesis in the wild. • We do not think these will have a major impact on Amazon’s long-term profitability, but we have already been modelling relatively flat margins for 2025, so have not made meaningful changes. Market strategists predict Amazon stock price May 2025 might hover near $175, with upside potential on higher Prime subscription renewal rates. AWS remains a key profit driver with expanding AI‑focused services. The broader Nasdaq performance will likely correlate with AMZN’s short‑term momentum.