Amazon is reaffirmed as a 'Buy' with potential to rise above $300 based on strong 2026 fundamentals and positive technical indicators. The company reported 20% revenue growth in Q2 and a 37% year-over-year acceleration in AWS, though earnings per share were boosted by $53.4 billion in non-operating income. Key risks include heavy AI-driven capital expenditures and negative free cash flow, but the market remains supportive. Technical analysis shows a bullish trend with strong support near $225, suggesting a positive outlook into 2027.
Amazon's market cap stands at $2.70 trillion as of Oct 20, 2026, 01:51 WIB, highlighting its massive scale in the consumer cyclical sector. The stock price on Pluang is $262.17, up 4.87% for the day, reflecting strong investor interest despite a Pluang order activity skewed 76% towards selling. With a typical hold time of 128 days, investors appear to maintain medium-term positions amid ongoing earnings momentum.
Amazon shares rose over 5% after Morgan Stanley named it a top pick and raised its price target to $350, citing strong growth prospects for Amazon Web Services (AWS). Morgan Stanley projects AWS revenue growth of 47% in 2027 and 42% in 2028, with ope...
Amazon is financing a 960-megawatt nuclear power plant in Indiana, set to be operated by American Electric Power and using 12 small modular reactors from X-energy. Amazon will be the first customer to purchase power from the plant, which will be buil...
Microsoft's Azure and Amazon's AWS both showed strong growth in Q3, with Azure up 43% and AWS up 37%. Investors are focused on whether their heavy AI investments will translate into sustained revenue gains. Microsoft benefits from software like Micro...
Amazon's stock rose 5% after Morgan Stanley upgraded it to a top pick and raised its price target to $350, citing faster growth in Amazon Web Services (AWS) and new AI-related opportunities. Morgan Stanley now expects AWS revenue to grow 47% in 2027 ...
Amazon's AWS division posted its fastest growth in 18 quarters, growing 37% last quarter, driving optimism despite Amazon's free cash flow turning negative and long-term debt nearly doubling. The company is investing heavily—about $200 billion in 202...
