Jefferies raised Amazon Inc.’s stock price target to $300 on January 5, citing a Buy rating. Despite underperformance in 2025, Amazon is poised to benefit from AI model training shifts, particularly in cloud computing through Amazon Web Services (AWS). AWS revenue growth improved to 20% in Q3 2025.

AWS revenue growth is expected to accelerate into the mid-20% range in 2026, with margins remaining resilient in the mid-30s. Overall, Jefferies projects a modest slowdown in Amazon’s revenue growth to around 10% in 2026. Analysts expect Amazon’s market cap to surpass $3 trillion.

Amazon.com Inc. operates in e-commerce, digital content, advertising, and cloud computing. Its AWS division runs one of the world’s largest data center networks. While Amazon is a consensus Buy, some AI stocks may offer greater upside potential. Consider exploring other undervalued AI stocks for investment opportunities.

Read more at Yahoo Finance: Jefferies Sees Amazon (AMZN) Well-Positioned for AI Inference and Production Workloads