Amazon's Q4 performance is expected to "explode" again, with analysts raising their target price by nearly 30%.

Amazon will announce its fourth quarter financial report after hours on February 5th, US Eastern Time. Financial analysts at Nova Capital stated that, considering the level of business growth expected in the coming years, Amazon appears to be quite cheap on the eve of the financial report release. There is over 28% upside potential in the next 12 months, and strong performance in the fourth quarter is expected.