The 24/7 Wall St. prediction sets a price target of $332.67 for AMZN, 30.4% above the current $255.20, and rates the stock a buy with 70% confidence. The thesis rests on AWS, which grew 37% last quarter, its fastest pace in 18 quarters, while Amazon plans to spend about $200B in 2026 on AI infrastructure, chips, robotics and satellites. Second-quarter revenue reached $200.61B, and GAAP EPS of $5.75 included a $53.4B pre-tax gain linked largely to Anthropic, while adjusted EPS was $1.88. The article flags cash burn: trailing free cash flow turned negative at about -$7.6B after second-quarter capex jumped 68.44% to $54.21B, and long-term debt rose to $119.1B from $65.6B. The bull case is $383.54 and the bear case is $285.79.
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/16/2026 | 249.94 |
| Change that session | -1.89% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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