Amazon (AMZN) stock has gained about 15% so far this year as strong demand for Amazon Web Services (AWS) and AI data centers continues supporting investor sentiment. The stock also drew attention after Cathie Wood’s ARK Invest bought nearly $1.84 million worth of Amazon shares on Monday. The latest buy reflects Wood’s continued bullish view on Amazon’s AI, cloud, and e-commerce growth.
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New trading tool for AMZN bullsThe move came shortly after Amazon reported strong quarterly results on April 30, with AWS revenue jumping 28% year over year to $37.6 billion, marking its fastest growth in several quarters. Despite concerns about aggressive AI and infrastructure spending, Wall Street analysts remain largely bullish on AMZN stock and have reaffirmed their Buy ratings. Here’s what analysts currently expect from Amazon stock.
Latest Analysts’ Views on AMZN Stock
Recently, top TD Cowen analyst John Blackledge kept a Buy rating on Amazon stock with a $350 price target. The 5-star analyst highlighted Amazon’s new “Amazon Now” service, which delivers groceries and household items in 30 minutes or less in select U.S. cities. Blackledge said the launch could further strengthen Amazon’s fast-growing online grocery business, especially as online grocery shopping has returned to near-pandemic peak levels. He also noted that Amazon delivered 8 billion same-day or next-day items in 2025, up 30% year-over-year.
Also, Wolfe Research maintained an Outperform rating and named Amazon its top internet pick for the year. The firm believes AWS revenue growth could reach the low-to-mid 30% range in the second quarter, above Wall Street estimates of 31%, driven by demand from companies like OpenAI and Anthropic, along with higher AI capacity. Wolfe also expects Amazon’s retail business to stay strong, supported by advertising growth, automation, and improved efficiency across its operations.
Meanwhile, another top Bank of America Securities analyst, Justin Post, raised his price target on AMZN from $270.13 to $310 while keeping his Buy rating.
Who Are the Best Analysts Covering AMZN Stock?
Five-star-rated analyst Nicholas Jones at Exane BNP Paribas is currently the most accurate analyst covering AMZN over the past one year. Over that period, he has a 94% success rate and an average return of 28.65% per trade. On TipRanks, Jones ranks #234 among more than 12,000 tracked analysts.
What Is the Price Target for AMZN Stock?
According to TipRanks, AMZN stock has a Strong Buy consensus rating based on 45 Buys and one Hold assigned in the last three months. At $318.23, the Amazon average share price target implies an upside of 20.15% from the current level.
