Amazon (AMZN) is trading slightly down in pre-market at $239.87 following a strong 3.38% gain yesterday, driven by sustained AI optimism and robust AWS growth.
- The stock has seen approximately 3.3% gains over the last seven days, supported by the upcoming Nova AI model announcement.
- Wall Street analysts maintain a median price target of $295.72, with Evercore ISI highlighting 2026 catalysts including Trainium chips and grocery improvements.