Top Analyst Powers Up Amazon Stock Price Target to $305 on ‘Robust’ E-Commerce Strength

Amazon (AMZN) stock received a major vote of confidence from Wall Street yesterday. Tigress Financial’s top-rated analyst, Ivan Feinseth, raised his price target on the e-commerce giant to $305 from $290, citing Amazon’s “robust” e-commerce and fulfillment efficiency. Feinseth’s new price target of $305 implies a strong upside of more than 60% from current levels.

Notably, Tigress Financial has added Amazon to its Research Focus List and Focus Opportunity Portfolio, showing strong confidence in the company’s future growth.

Tigress Financial Bets Big on E-Commerce and AI Integration

The five-star rated analyst Feinseth believes Amazon’s leadership in e-commerce and its unmatched fulfillment network keep it firmly positioned as a standout in both retail and tech. These strengths also underpin its ability to weather varying economic and consumer spending conditions.

Additionally, Feinseth pointed out that the company remains focused on advancing AI integration and innovation as key strategies to boost revenue, strengthen cash flow, and enhance shareholder returns. In this context, analysts highlighted Amazon’s recent launch of Project Kuiper, its initiative to deliver global satellite internet, as proof of its innovation and dedication to expanding AI-powered services.

Overall, Feinseth and his team at Tigress Financial praised Amazon’s Q1 earnings report. The analysts stated that Amazon’s efficient cash flow, driven by the growth of AWS (Amazon Web Services), advertising, and subscription services, will help boost the company’s performance moving forward.

What Is Amazon’s 12-Month Price Target?

Wall Street analysts maintain a highly bullish stance on AMZN stock. According to TipRanks, AMZN stock has a Strong Buy consensus rating based on 49 Buys and one Hold assigned in the last three months. At $241.40, the average Amazon stock price target implies an upside of 31% from the current level.

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