The analyst reviews Amazon's Q2 2025 earnings report, noting an earnings per share of $1.68 versus the estimated $1.33 and revenue of $167.7 billion versus the estimated $162.09 billion. Amazon Web Services revenue grew 18%, trailing Microsoft Azure and Google Cloud. The advertising revenue grew 23% year-over-year. Guidance for the third quarter is set at $174 billion to $179.5 billion. The analyst notes that the stock went down 8.5% on the day and explores the decrease in the growth of cash flow from operations. After looking at a forward price to operating cash flow which at is at 14.2, analyst infers Amazon is still undervalued and infers a target of $250, setting a fail bound below $190, monitoring the future results.