• Amazon (AMZN) stock has gained 0.8% over the past four weeks, closing at $234.34. Analysts predict a potential 25.9% upside with a mean estimate of $295.07 based on 55 short-term price targets and a standard deviation of $26.41.
• Price targets set by analysts are often misleading and can be influenced by business incentives. A low standard deviation in price targets indicates agreement among analysts, but investors should not rely solely on these targets for investment decisions.
• Analysts’ growing optimism over Amazon’s earnings prospects, with an EPS estimate increase of 0.2%, suggests a potential upside. The stock currently holds a Zacks Rank #2 (Buy), indicating strong performance potential based on earnings estimates.
• Quantum computing is emerging as the next big technological revolution, attracting major companies like Microsoft, Google, Amazon, and Tesla. Stock Strategist Kevin Cook identifies 7 top stocks positioned to dominate the quantum computing landscape in his report, "Beyond AI: The Quantum Leap in Computing Power."

Read more at Nasdaq: Wall Street Analysts See a 25.92% Upside in Amazon (AMZN): Can the Stock Really Move This High?