Analysts Raise AMZN Price Targets, Forecast 24% AWS Growth and $7B Cost Savings

Amazon received substantial bullish support from analysts, with Oppenheimer raising its price target to $315 and KeyBanc raising theirs to $308, citing strong AWS re-acceleration and significant margin expansion potential.

• Oppenheimer projects 24% FY26 AWS revenue growth, which is significantly above consensus expectations.
• Both firms anticipate margin expansion driven by e-commerce automation investments, with Oppenheimer forecasting $7B in cost savings by FY27.
• Despite the bullish analyst outlook, the stock closed down 1.01% for the day.