Analysts are increasingly bullish on Amazon, citing the reacceleration of AWS revenue growth above 20% and robot-driven efficiencies as key catalysts for 2026.
- Bernstein initiated coverage with a price target of $300.
- A JPMorgan survey found that 46% of respondents expect Amazon to be the top performer among the Magnificent Seven, driven by AI infrastructure demand.
- The stock is trading slightly up at $247.54 (+0.06%), supported by recent Q3 results showing AWS revenue at $33B (+20% YoY).