Amazon (AMZN) stock has fallen 6.3% over the past week, 14.0% over the past month, and 8.8% over the past year, testing the patience of investors who rode its earlier recovery. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and a 12‑month average price target of $282.14, implying notable upside from current levels around $208.72.
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New trading tool for AMZN bullsAmong the most closely watched voices is Justin Post of Bank of America, who reiterated his Buy rating on February 11, 2026 and set a price objective of $275.00. That target, trimmed from a prior $286, still signals confidence that Amazon can rebound as its cloud arm AWS and broader business investments begin to pay off.
Post highlights that AWS was the star of Amazon’s latest quarter, helping deliver $213 billion in sales and $25.0 billion in GAAP profit, both slightly above Wall Street expectations. AWS revenue grew 24% year over year, faster than the prior quarter and ahead of forecasts, thanks to significant new capacity that is already generating additional cloud demand.
The near term is not without challenges, as management’s guidance for the first quarter points to only modest revenue growth of about 13% at the midpoint and lower‑than‑expected profit due to heavy spending. Investments in international retail pricing, reduced fulfillment fees, and a roughly $1 billion year‑over‑year increase in Project Leo costs are expected to squeeze margins and may keep volatility elevated.
Still, Post argues that Amazon’s ambitious plan to spend about $200 billion in capital expenditures, mostly on AWS, could be the key driver of future returns. This N‑star analyst, who ranks 115 out of 12,061 with a 64.66% success rate and 22.80% average return per rating, believes Amazon is well positioned to capture a major AI‑driven wave as enterprises shift more data to the cloud. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.