Quick Read – AWS reaccelerated to 37% growth, its fastest pace in 18 quarters, which supports our BUY on AMZN with a $432.91 target implying 59% upside. – MSFT Azure grew 43% and GOOGL Cloud surged 82%, yet Amazon is accelerating cloud growth rather than decelerating, supporting…
valuation premium over Alphabet. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn’t make the cut. Grab the names FREE today
Amazon’s (NASDAQ:AMZN) Q2 2026 earnings reset the AWS narrative. Cloud growth reaccelerated to 37%, the fastest pace in 18 quarters, and Wall Street is scrambling to catch up. Our 24/7 Wall St. price target sits well above analyst consensus.
The stock trades at $271.58 as of August 3, 2026. Our 24/7 Wall St. price target is $432.91, implying 59.4% upside over 12 months. Our recommendation is buy, with 90% confidence.