Quick Read – Amazon (AMZN) earns a BUY with a $323 price target, offering 34% upside as AWS growth hits a 15-quarter high at 28%. – Amazon’s Trainium chips threaten NVIDIA (NVDA) at a $20 billion run rate as Meta (META) commits 5 GW of AI compute to AWS. – Even the bear case…
rgets $279 with 16% upside, though $200 billion in CapEx and debt climbing to $119 billion pose real risks. – 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
My Amazon (NASDAQ:AMZN) call is straightforward. The 24/7 Wall St. price target for Amazon is $323.43 by July 2, 2027, and my base-case path has the stock crossing $300 for the first time around April 2, 2027 at a modeled $301.86. From a current price of $241.70, that is roughly 33.81% of upside.
My recommendation is buy, at high confidence. 24/7 Wall St. Price Target Summary How Amazon Got Back to $241 After a Rough Spring Amazon is up 3.17% over the past week and 9.63% over the past year, but trading has been choppy. Shares fell 7.49% in the last month and sit about 12% below the 52-week high of $278.56, with a low of $196.