Amazon’s Price Target Says +32% and Not a Single Analyst Says Sell

Quick Read

• Zero of 62 analysts rate AMZN a Sell, and the 24/7 Wall St. model targets $353, implying 32% upside with 90% confidence.

• MSFT fell 6% over the past year while GOOGL surged 69%, making AMZN’s 21% gain the laggard with the most AI catch-up potential.

• AWS grew 37%, its fastest pace in 18 quarters, but Amazon’s free cash flow turned negative as full-year capex guidance hit $220 billion.

• It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)

Wall Street’s love affair with Amazon (NASDAQ:AMZN) has rarely looked this one-sided. Out of 62 analysts covering the stock, zero rate it a Sell. Our proprietary model agrees.

The 24/7 Wall St. price target for Amazon is $353.44, implying 32.24% upside from Wednesday’s close of $267.28. Our recommendation is buy, with confidence at…