Rosenblatt increased Amazon's price target from $335 to $360, maintaining a Buy rating amid concerns that AI shopping agents might threaten Amazon's retail media business. The firm argues these fears are overstated, noting Amazon's history of adapting to changes in consumer behavior and strong growth in Alexa shopping interactions. Amazon's recent earnings beat expectations with strong revenue growth in AWS and advertising segments. Investors should watch upcoming reports to see if AI agents help or hurt Amazon's business.
As of Sep 30, 2026 23:02 WIB, Amazon (AMZN) shares are trading at USD 251.50 on Pluang, up 1.96% for the day. The stock shows strong investor interest with 79% of order activity on Pluang being buys and a market cap of $2.66 trillion. This trading activity highlights continued confidence in Amazon despite ongoing discussions about AI's impact on its business model.
Amazon's AI infrastructure capital expenditure is projected to reach $220 billion by 2026, supported by substantial multi-year commitments from Anthropic and OpenAI totaling over $225 billion in AWS and Trainium capacity. AWS reported a 37% year-over...
Jeff Bezos sold $346 million of Amazon stock on August 3, 2026, coinciding with a peak in Amazon's share price. However, the stock declined about 14% since then, pressured by regulatory concerns, a lawsuit from the FTC and 22 states over advertising ...
Synopsys and Amazon have entered a multi-year agreement worth over $1 billion to accelerate the development of Amazon's custom silicon chips and AI-powered cloud infrastructure. This deal expands Synopsys' silicon IP business with Amazon as the lead ...
Despite a 13.15% decline in Amazon's stock since early August, Wall Street analysts remain optimistic. Scott Devitt of Rosenblatt Securities raised his 12-month price target to $360, predicting a nearly 46% upside, dismissing concerns about AI disrup...
Amazon's AWS segment is growing rapidly at 37% with a 39.4% operating margin, driving expectations for a highly profitable growth phase. Despite this, Amazon's stock trades below its potential, with a 24/7 Wall St. price target of $327.14, implying a...
