24/7 Wall St. Sets $347 Amazon Target, 38% Above Current Price

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โดย 24/7 Wall St.·US·Read original
Summary · why it matters

24/7 Wall St. issued a high-confidence buy rating on Amazon with a one-year price target of $347.37, roughly 38% above the stock's current price of $252.40 and above the Wall Street consensus target of $328.17. The call rests on AWS growing 36.7% to $42.2 billion in the second quarter of fiscal 2026, its fastest expansion in 18 quarters, with an AWS backlog of $496 billion. Amazon's forward price-to-earnings multiple of 20 sits below Microsoft at 25 and Alphabet at 22, even though Amazon's latest quarterly revenue growth of 19.6% outpaced Microsoft's 17.7%. The bull case points to $396.78, about 58% upside, citing an AWS AI run rate above $25 billion, a $25 billion annualized custom silicon business, and multi-gigawatt commitments from OpenAI and Anthropic. Risks include trailing 12-month free cash flow of negative $7.6 billion, planned 2026 capex of $200 billion, and long-term debt of $119.1 billion.

Impact on stocks 3

Artificial Intelligence▲ · 3 stocks
Amazon.com Inc
AMZN
▲ PositiveCapitalrelevance

24/7 Wall St. issued a high-confidence buy rating on Amazon with a $347.37 price target, ~38% above the current price.

Theme Impact 8

Off-coverage companies 2

AnthropicPrivate± Mixed
relevance

OpenAIPrivate± Mixed
relevance

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