Previewing Facebook Inc (NASDAQ:FB) and reviewing Amazon.com, Inc. (NASDAQ:AMZN) amidst earnings season, one of Wall Street’s top analysts is expecting a solid third quarter for Facebook and another analyst maintains general optimism on Amazon, even when confronting┬áthird-quarter international operating income weakness. Let’s dive into these forecasts:

Facebook Inc

Ahead of Facebook’s third-quarter print expected November 2nd, Cantor top analyst Youssef Squali is looking for great results on back of “healthy sustained demand” for social ad investments coupled with rising mobile, video, Instagram, and Audience Network sectors.

As such, the analyst reiterates a Buy rating on shares of FB with a $160 price target, which represents a 21% increase from current levels.

Squali believes, “Our estimates reflect a slight Y/Y deceleration in ad revenue, users and engagement, but channel checks and a positive read-through from Alphabet’s earnings last week indicate the potential for upside to consensus estimates.”

“FB remains a top pick for us, given its position as the largest/ most engaging mass-reach Internet platform for advertisers, unmatched targeting potential, and very potent monetization formats against the secular tailwinds propelling digital advertising. The rise of other brands within the Facebook portfolio, namely Messenger, WhatsApp and Oculus provide upside optionality to the stock longer term,” Squali contends.

Youssef Squali has a very good TipRanks score with a 72% success rate and he stands at #4 out of 4,178 on the analyst leaderboard. Squali upholds a 72% success rate and garners 13.0% in his annual returns. When recommending FB, Squali gains 34.9% in average profits on the stock.

TipRanks analytics exhibit FB as a Strong Buy. Based on 27 analysts polled in the last 3 months, 26 rate a Buy on FB, while 1 maintains a Hold. The 12-month price target stands at $162.24, marking a nearly 24% upside from where the shares last closed.

Amazon.com, Inc.

Amazon just released third-quarter earnings on Thursday, October 27 with a gaping multi-million-dollar operating income miss internationally, sending shares on a 5% dip the next day.

Yet, from William Blair analyst Ryan Domyancic‘s eyes, on a grander scheme, he nonetheless deems this a solid quarter for the online auction and e-commerce leader and sees no reason to change his positive attitude for the company’s prospects. Therefore, the analyst reiterates an Outperform rating on AMZN without listing a price target.

The leader posted “in-line” revenue of $32.7 billion, but pro forma operating margin of 4.2% that underwhelmed expectations, largely attributable to international weakness, where pro forma operating income was reported at a loss of $332 million, falling $92 million short of the Street. However, both Amazon Web Services (AWS) and North America segments did indicate pro forma operating margins that performed better-than-anticipated.

Presently, Squali finds it “too early to tell” if AMZN’s underperformance in its international segment is a one-time deal or if these problems will continue to plague the leader come 2017, acknowledging this could pose a “risk” to EPS in the future.

For fourth quarter, the midpoint of revenue guided within consensus expectations. Meanwhile, the high end of AMZN’s GAAP operating income guidance of $1.25 billion fell under the Street’s projection of $1.6 billion. “Amazon has been conservative with its operating income guidance in the past, however,” the analyst notes.

Domyancic opines, “We do question what factors led to such a large operating income loss in the international segment. While India was cited, Amazon has been investing in the country for some time and was able to generate a pro forma operating income profit in the first two quarters of the year. The fulfillment center buildout and content costs were also given as reasons. Based on the guidance, we are modeling another sizable loss for the international segment in the fourth quarter.”

“We reiterate our Outperform rating on Amazon as we believe its cloud computing business and retail business are addressing large markets and we expect each will continue to grow as its addressable markets expand,” Domyancic concludes.

According to TipRanks, which measures analysts’ and bloggers’ success rate, two-star analyst Ryan Domyancic is ranked #2,223 out of 4,178 analysts. Domyancic has a 100% success rate and realizes 16.3% in his yearly returns. When suggesting AMZN, Domyancic yields 8.1% in average profits on the stock.

TipRanks analytics indicate AMZN as a Strong Buy. Based on 31 analysts polled in the last 3 months, 29 rate a Buy on AMZN, while 2 maintain a Hold. The consensus price target stands at $948.43, marking a 22% upside from where the stock is currently trading.screen-shot-10-31-16-at-04-37-pm