Amazon (AMZN) stock has risen 3.1% over the past week, 26.3% over the past month, and 42.6% over the past year, reflecting strong momentum after a series of upbeat quarterly results. Wall Street’s analysts are strongly bullish, forecasting upside from the current $263.04 price toward an average 12‑month target of about $291.83.
Claim 55% Off TipRanks
New trading tool for AMZN bullsJeffrey Wlodarczak (Pivotal Research Group) reiterated a Buy rating on AMZN and raised his price target to $320, implying meaningful upside from here. He highlights a much better than expected first quarter, with faster revenue and operating income growth, especially in AWS and advertising, and sees a long runway for cloud and AI‑driven expansion.
Ronald Josey maintained a Buy rating with a $285 target, pointing to better than expected revenue and operating income in the first quarter and 2Q guidance that topped Wall Street expectations. He notes AWS growth of about 28% year over year with strong margins, resilient North American and International retail trends, and robust advertising revenue growth, supporting his short‑term upside view through mid‑2026.
Justin Post reiterated his Buy call with a $310 price objective, citing a solid retail beat and clear cloud progress across platform, chips, and AI backlog. He underscores AWS growth acceleration to 28%, big AI deals and Trainium commitments, and rising 2027 estimates, and as a top‑ranked analyst (ranked 100/12160, 66.13% success rate, 22.5% average return), his positive stance carries notable weight.
Dylan Carden also kept a Buy rating with a $270 target, emphasizing strong first quarter sales growth, accelerating AWS demand and a roughly 90% jump in backlog year over year. Doug Anmuth reiterated Buy with a $330 target, calling Amazon a best idea as AWS growth and backlog accelerate, chip revenue and Trainium commitments expand, and retail and Prime Day timing support multi‑year margin expansion. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.