The stock is falling, but that creates opportunity.
The market has been down on Amazon (AMZN +2.59%) stock for a while now. It’s down 12% over the past year despite robust performance as the company continues to plow money into its artificial intelligence (AI) platform.
Might it be oversold at this point? The average Wall Street consensus target is a 42% gain over the next 12 to 19 months, and one analyst sees it rising 79%. Let’s see if that’s a real possibility.
Image source: Amazon.
Setting itself up for success
Amazon raised eyebrows when it said it would spend $200 billion on AI this year, the most of any of the hyperscalers. CEO Andy Jassy addressed the expected pushback by saying, “We have deep experience understanding demand signals in the AWS business and then turning that capacity into strong return on invested capital.”
AWS, or Amazon Web Services, is the company’s cloud business. It’s the largest in the world, with a $142 billion run rate. Sales increased 24% year over…
https://www.fool.com/investing/2026/02/22/could-amazon-stock-gain-79-this-year-1-wall-street/
