Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound?

The US banal marketplace appears to beryllium turning the country aft a unsmooth commencement to the year. Indeed, a big of tech firms person seen shares marque marginal increases that could beryllium mounting the signifier for a further bull marketplace connected the horizon. Among them is Amazon (AMZN), arsenic its Amazon Web Services (AWS) AI enlargement whitethorn beryllium poised to propulsion the banal person to the $305 level.

The unreality computing assemblage has been 1 of the fastest increasing successful the exertion space. Alongside AI, it has garnered important request connected Wall Street. Yet, Amazon continues to beryllium the pick of the crop, and it whitethorn beryllium acceptable to lone further widen its pb against a crowded field.

Source: REUTERS/Gonzalo Fuentes

Also Read: Alphabet (GOOGL) oregon Amazon (AMZN): Which Stock is Better Buy successful March?

Amazon AWS Makes Key AI Expansion arsenic Experts Have High Hopes for Stock

Like galore of its mega-cap peers, Amazon has struggled successful March. Currently priced astatine $202, shares person plummeted much than 5% implicit the past 30 days. Although they person rebounded much than 3% successful the past week, it is inactive down much than 17% year-to-date.

However, the US banal marketplace inactive has precocious hopes for the tech sector. Moreover, determination whitethorn beryllium nary institution amended diversified to thrive successful that emerging manufacture than the e-commerce juggernaut. Specifically, Amazon whitethorn spot a cardinal AWS AI enlargement assistance to propel the banal to the $305 level.

Source: CNBC

Also Read: Buy Amazon Before May 2026: After That, the AMZN Trend Might Reverse

Amazon’s unreality computing concern has made a cardinal AI confederation done a caller deal. According to a caller report, the institution has announced Hangzhou FAR International Logistics arsenic a caller lawsuit for its Amazon Service Provider Network. This lone strengthens its presumption arsenic a planetary logistic work provider, fortifying its presumption successful the ever-growing AI and unreality industries

Over the past 5 years, Amazon banal has delivered a full instrumentality of astir 107%. Indeed, this technological borderline is simply a monolithic crushed for this. But tin those kinds of returns proceed amid what has been a struggling tech marketplace this year? Wall Street surely thinks so, arsenic experts are immensely bullish connected the stock.

According to CNN data, 95% of 74 surveyed analysts clasp a bargain standing connected the stock. Moreover, it holds a median terms people of $270, up 33% from its existent position. Additionally, its high-end projection sits astatine the $306 mark, denoting a 50% upside for the tech banal passim 2025.