Amazon’s stock received a $280 price target due to momentum in its Project Kuiper satellite initiative. The company has completed four launches and plans to launch commercial beta later this year or in early 2026. Analysts estimate Project Kuiper could generate $2.5-5 billion in revenue by 2028-2029.

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Amazon’s Project Kuiper has made progress with four launches completed. Plans for commercial beta in late 2025/early 2026 indicate growing momentum. The company aims to launch 350 more satellites in 2025, totaling 450. This initiative could bring significant revenue by 2028-2029.

Read more at Yahoo Finance: Amazon (AMZN) Stock Gets $280 Target on Project Kuiper Momentum