Amazon.com, Inc. (NASDAQ:AMZN) ranks among the Top 10 Long-Term Stocks to Invest In According to David Tepper. On September 29, Mizuho Securities reiterated its Buy rating for Amazon.com, Inc. (NASDAQ:AMZN), maintaining a price target of $300.
Lloyd Walmsley at Mizuho remains optimistic about AMZN, highlighting the growth potential in Amazon’s cloud division. AWS is anticipated to gain from increased capacity and growing inference demand in 2026.
“We expect AWS revenue to grow at an accelerated rate as more capacity becomes available, particularly from the Project Rainier EC2 UltraCluster, and as Anthropic experiences rapid business growth,” Walmsley noted.
Jeff Bezos of Amazon
The analyst contends that the robust ecosystem of Amazon Cloud Services positions it well to sustain rapid growth in the GenAI era. Additionally, improved supply chains and cost efficiency from ASICs are expected to boost revenue growth in the latter half of 2025 and into 2026, according to the analyst’s forecast.
On September 24, Wells Fargo also upgraded Amazon.com, Inc. (NASDAQ:AMZN) from Equal Weight to Overweight, raising the price target from $245 to $280. Ken Gawrelski at Wells Fargo anticipates strong performance in Amazon’s cloud segment and has analyzed Anthropic’s contributions. Gawrelski projects AWS will experience revenue growth of 22% in 2026, which is significantly above consensus, predicting peak share losses in 2025.
Amazon.com, Inc. (NASDAQ:AMZN) provides a variety of products and services to consumers. The company is involved in the retail sale of consumer goods, advertising, and subscription services through online and physical marketplaces.
While we recognize the investment potential of AMZN, we believe there are certain AI stocks that present greater upside with lower downside risk. If you are searching for a significantly undervalued AI stock that could gain from Trump-era tariffs and the trend towards onshoring, check out our free report on the best short-term AI stock.
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Disclosure: None. This article first appeared on Insider Monkey.
