Amazon (AMZN) is expected to achieve growth by 2026, primarily driven by the prospects of artificial intelligence and cloud computing. Analyst Youssef Squali predicts that Amazon's growth rate next year will reach 10.5%. A potential $10 billion deal with OpenAI (where OpenAI may use Amazon's Trainium chips) will significantly boost its semiconductor business. Previously, Amazon committed to investing $8 billion in Anthropic, highlighting its strategic investment in artificial intelligence. Analysts have given Amazon a "Moderate Buy" rating, with an average target price of $295.43, implying a 30.61% increase from the current stock price of about $227.
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Amazon (AMZN) is expected to achieve growth by 2026, primarily driven by the prospects of artificial intelligence and cloud computing. Analyst Youssef Squali predicts that Amazon's growth rate next year will reach 10.5%. A potential $10 billion deal with OpenAI (where OpenAI may use Amazon's Trainium chips) will significantly boost its semiconductor business. Previously, Amazon committed to investing $8 billion in Anthropic, highlighting its strategic investment in artificial intelligence. Analysts have given Amazon a "Moderate Buy" rating, with an average target price of $295.43, implying a 30.61% increase from the current stock price of about $227.