Amazon is covered by 58 analysts who unanimously rate it a buy or strong buy, with a consensus price target around $330, implying nearly 29% upside from the current $255.40 price. The company reported strong Q2 revenue growth of 19.6%, driven by its AWS cloud segment growing 37%, which is expected to become a trillion-dollar business. However, free cash flow turned negative at -$7.6 billion due to a surge in capital spending, raising concerns about sustainability. Analysts remain optimistic but caution that continued high spending without cash flow recovery could pose risks. Amazon trades cheaper than peers Microsoft and Alphabet, supporting its buy rating and potential for long-term growth if AWS momentum continues.
As of Oct 08, 2026 23:41 WIB, Amazon (AMZN) trades at USD 258.59 on Pluang, showing a slight 0.51% decline in the past day. Despite the article's note of a $255.40 price, Pluang data indicates a market cap of $2.80 trillion and a notable 69% of order activity leaning towards selling. This contrasts with Microsoft and Alphabet, which have different order activity profiles and market caps, highlighting Amazon's unique position among tech giants on the platform.
Amazon introduced a new series of Alexa-branded tablets priced between $230 and $550, replacing its budget-friendly Fire tablet lineup. These new tablets feature improved speed, AI capabilities, a sleek aluminum design, and run on Google's Android OS...
Amazon's stock has a 29.7% upside potential with a price target of $329.19, driven not only by AWS but also by rapidly growing advertising, chip, and delivery businesses. Advertising revenue rose 26% to $19.8 billion, the chip business surpassed a $2...
Amazon introduced a new series of Alexa tablets featuring Android OS and full access to the Google Play Store, marking a shift from its previous Fire OS devices. The lineup includes three models—the Alexa Tablet 12 Pro, 11, and 8—offering high-resolu...
Duracell is hosting a pre-race party called the Power Paddock in Austin on October 21 to celebrate the return of Formula 1. The event, in partnership with Amazon, features interactive games, live music, and a special appearance by F1 driver Alex Albo...
Meta and Amazon are heavily investing in AI infrastructure, using nearly all cash from their core businesses for capital expenditures. Meta funds its AI buildout through advertising revenue, while Amazon relies on AWS, which has a clearer payback tim...
