UBS Forecasts AWS Growth Could Double to 38% in 2026, Calling Amazon a 'Best Idea' Despite High AI Spending

Despite a recent stock decline driven by massive 2026 capital expenditure plans, UBS and Futurum CEO Daniel Newman turned bullish on Amazon (AMZN), citing expectations for accelerated growth in AWS.

• Analysts expect Amazon Web Services (AWS) growth to double to 38% in 2026.
• UBS believes the heavy investments in AI and cloud infrastructure will accelerate demand, justifying the company's aggressive spending.
• The firm designated AMZN as 'One of Our Best Ideas'.