Amazon Stock: Buy AMZN, Target $270 to $285 Amid AI Boom

US President Donald Trump unveiled a $500 cardinal AI infrastructure task ‘Stargate’ with Softbank, Oracle, and Open AI connected Tuesday. The caller task includes constructing colossal information centers and the cardinal exertion partners see Microsoft, Nvidia, and Arm. Trump wants the AI exertion “to beryllium successful this country” and not fto China and different nations instrumentality implicit the US. Amazon banal could besides summation from the AI roar arsenic the steadfast is moving towards its fully-managed artificial quality Lex.

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Amazon Price Target: AMZN Could Reach $270 to $285 Level arsenic AI Grows

Source: mybanktracker.com

AMZN started 2025 connected the beforehand ft and has surged astir 5% successful the past 3 weeks. The surge successful terms comes contempt expanding contention successful unreality computing services and the AI sector. Rivals similar Google’s Alphabet, Microsoft, and Azure, among others, are heavy investing successful the AI infrastructure. Amazon could besides play a pivotal relation successful the exertion and beryllium among the apical work providers.

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Taking each the SWOT challenges into consideration, Truist Securities precocious gave Amazon banal a ‘buy’ call. The fiscal steadfast predicts that AMZN could scope a precocious of $270 amid the ongoing AI boom. AMZN is presently trading astatine the $230 people and surged by astir 5 points connected Wednesday. If the banal zooms to $270, that would beryllium an uptick and a instrumentality connected concern (ROI) of astir 17.5%. Therefore, an concern of $1,000 could crook into $1,175 if the forecast turns retired to beryllium accurate.

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In addition, securities brokerage steadfast Citizens JMP has gone further bullish connected Amazon banal predicting it could scope a precocious of $285. The steadfast highlighted Amazon’s state-of-the-art tech successful the computing and AI sector. It added that the AI roar nether Trump and governmental enactment could propulsion AMZN to a caller high. The adjacent 4 years look promising to the AI manufacture and tech giants are investing billions to beforehand the technology.