Amazon (AMZN) stock has risen 6.4% over the past week, 15.5% over the past month, and an impressive 42.5% over the past year. Wall Street’s analysts are strongly bullish, forecasting further gains over the next twelve months with a consensus price target of $284.76 versus the last close at $248.50.
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Trade AMZN with leverageThis consensus target suggests meaningful upside potential, reinforcing the StrongBuy rating that currently dominates analyst views. For investors watching momentum and sentiment, the steady climb in recent performance adds weight to the optimistic outlook.
Analyst John Blackledge of TD Cowen reiterated his Buy rating on Amazon on 4/16/2026 and set a price target of $300.00, above the already bullish Street average. That target represents additional upside from the consensus forecast, signaling his conviction that Amazon can keep outperforming.
Blackledge’s broader research touches on themes like eCommerce platforms, WRG Technology, Media & Telecommunications, and consumer finance, all areas where Amazon remains a key player. His focus on technology and online platforms suggests confidence in Amazon’s position at the heart of several powerful long-term trends.
This 4-star analyst ranks 756 out of 12,147 on TipRanks, with a success rate of 55.08% and an average return of 10.60% per rating, giving investors extra comfort in his bullish stance. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.