In 2025, Amazon (AMZN) stock lags behind the market, up only 2%. Despite this, strong fundamentals hint at significant growth in 2026. AWS’s expansion, AI chip business, and advertising revenue are key drivers. AWS revenue hit $33 billion in Q3, with a backlog of $200 billion, signaling continued growth. Amazon’s AI chip business is booming, with Trainium2 capacity fully subscribed. Advertising revenue reached $17.7 billion in Q3, showing accelerated growth. With these strong pillars, analysts predict a positive outlook for Amazon stock in 2026.

Read more at Yahoo Finance: 3 Reasons Why Amazon Stock May Be Poised for Gains in 2026