Amazon (AMZN) 2026 Stock Forecast: Wall Street Bullish on AI and AWS Growth
Amazon's stock has gained nearly 5% year-to-date, though April's market downturn erased much of its recent progress. Analysts see significant upside potential for 2026, driven by the company's AI initiatives and AWS cloud computing dominance. Evercore ISI's Mark Mahaney projects a 50% price surge, citing AWS expansion, AI chip demand, and advertising revenue growth as key catalysts.
The bullish case hinges on Amazon's compounding earnings power—25% annual EPS growth—with operating margin expansion and free cash flow acceleration expected within two years. A 50% rally WOULD propel shares to $345, marking one of the company's strongest annual performances in recent history.