Amazon (AMZN) stock has risen 0.4% over the past week, 25.9% over the past month, and 39.4% over the past year. Wall Street’s analysts are strongly bullish, forecasting upside from a 12‑month average price target of about $313.89 versus a recent close near $265.06, implying meaningful further gains if execution stays on track.
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Forget margin or options. Here's how the pros trade AMZNJustin Post of BofA, a 5‑star analyst ranked 100 out of 12,160 with a 66.13% success rate and 22.5% average return, reiterated his Buy rating and raised his target to $310, signaling solid upside. He points to a strong retail beat and a sharp acceleration in AWS cloud growth to 28% year over year, helped by AI demand and large new commitments such as Anthropic and OpenAI that support higher long‑term earnings.
Dylan Carden, ranked 2,894 with a 49.36% success rate and 6.5% average return, also reiterated Buy with a $270 target, implying modest upside from current levels. He highlights 17% overall sales growth, a strong AWS backlog that has risen about 90% year over year, and Amazon’s confidence in its aggressive $200 billion capex plan as evidence of high visibility into returns on AI and cloud investments.
Doug Anmuth of J.P. Morgan, ranked 616 with a 58.33% success rate and 11.1% average return, reiterated Buy with a more optimistic $330 price target. He underscores that AWS revenue is growing at its fastest pace in years, backlog is surging, and Amazon’s custom chips like Trainium and Graviton could underpin multi‑year cloud and AI momentum while retail and advertising strength drive margin expansion.
Eric Sheridan of Goldman Sachs, ranked 3,098 with a 48.17% success rate and 3.3% average return, kept a Buy rating with a $325 target, citing better‑than‑expected revenue, strong AWS and advertising growth, and management’s willingness to invest ahead of big opportunities. Brian Pitz of BMO, ranked 480 with a 63.47% success rate and 13.2% average return, reiterated Buy with one of the highest targets at $355, emphasizing record margins, accelerating AWS and retail trends, and confidence that Amazon’s AI‑driven cloud and logistics investments can fuel further outperformance. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.