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Amazon (NASDAQ:AMZN | AMZN Price Prediction) has never looked more like a cloud and AI company that also happens to run the world’s biggest store. AWS revenue grew 39.3% last quarter, the fastest pace in nearly five years. Shares trade at $254.13, up 10.1% year-to-date even after a 4.47% pullback today. That drop followed a hyperscaler rally on the election results (CNBC).
The chief executive is thinking much bigger: “There has never been a trillion dollar revenue business, and we may have two of them in the next 5-10 years.” Here is what Amazon needs to do to hit $350 in 2027.
Wall Street Already Sees Big Upside for Amazon
The consensus price target of $326.74 implies 28.6% upside. Analysts are…
