Analysts set a $323.61 price target for AMZN after AWS growth hits a 15-quarter high and Q1 earnings beat estimates.
Amazon’s shares are poised for a 33% gain to $323.61, driven by AWS revenue growth accelerating to 28% in Q1 2026, its fastest pace in 15 quarters. The company reported $181.52 billion in revenue, up 16.6% year over year, with EPS of $2.78 beating estimates by 60.69%.
AWS now operates at a $150 billion annualized run rate, while Prime Day 2026 contributed to Q2 guidance of $194 billion to $199 billion in net sales. Despite a 5.4% monthly decline, AMZN is up 5.13% year to date and 568.81% over the past decade.
The stock remains 12% below its 52-week high of $278.56, but analysts cite strong momentum and a post-selloff setup as catalysts for further upside.