Amazon’s growth accelerates toward $300 target
Amazon’s stock is nearing $300, driven by high growth rates in multiple industries and boosted profit margins.
The company’s investments in artificial intelligence have created growth opportunities, with Amazon Web Services being the biggest beneficiary.
In Q4 2023, AWS grew by 13% year over year, but its growth rates have since accelerated, crossing 20% again in 2025.
Analysts have an average one-year price target of $319 for Amazon, with multiple growth levers expected to drive the stock price higher.