Amazon’s stock (AMZN) is soaring, with analysts predicting a potential surge to $400 in 2026. In the third quarter, Amazon reported $180.2 billion in revenue, with net income per share increasing by 36.4%. Advertising revenue hit $17.7 billion, and AI assistant Rufus is projected to generate over $10 billion in annual sales. AWS had a strong quarter, with $33 billion in revenue and a 20.2% year-over-year growth rate. Amazon’s aggressive investments in AI and cloud infrastructure position it for significant growth, making it a “Strong Buy” on Wall Street with a $269.14 average target price and potential for $400 by 2026.

Read more at Barchart: Can Amazon Stock Hit $400 in 2026?