Amazon.com, Inc. (NASDAQ: AMZN) is a Must-Watch AI Stock, with UBS raising its price target ahead of earnings to $279.00. The firm expects strong performance but notes potential noise in reported third-quarter operating income. Analyst Stephen Ju sees upside across Amazon’s business segments, suggesting a good buying opportunity.

Ju believes Amazon’s underperformance presents a buying opportunity, with potential for significant upside in e-commerce, AWS, advertising, and Kuiper. The company’s investments have yet to fully materialize, making it a promising investment. Amazon offers e-commerce, cloud computing, AI solutions, and digital streaming services, positioning it for growth.

While Amazon is a solid investment, other AI stocks may offer greater upside potential and lower downside risk. Consider exploring undervalued AI stocks with our free report. For more on AI stocks, check out “10 AI Stocks Analysts Are Watching Closely” and “10 Trending AI Stocks on Wall Street’s Radar.” No disclosures.

Read more at Yahoo Finance: UBS Raises Amazon (AMZN) Price Target to $279 Ahead of Thursday’s Earnings