AWS is booming, custom silicon is fully subscribed, and Wall Street has loaded up on buy ratings, but the real question is whether Amazon can clear a target that even the bulls have not fully priced in.
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Amazon (NASDAQ:AMZN | AMZN Price Prediction) has emerged as one of 2026’s steadier mega-cap performers. Shares are up 10.24% year to date, trading around $254.46, after AWS reaccelerated to its fastest growth in 18 quarters and both the AI and custom chips businesses eclipsed $25 billion annualized run rates.
CEO Andy Jassy told investors AWS is “booming right now” and could eventually become a trillion dollar annual revenue business. I want to walk through what it would take for Amazon to reach $350 per share in 2027.
Wall Street Sees Meaningful Upside Into 2027
The Street is firmly bullish. The consensus analyst target sits at…
