Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound?
The US stock market appears to be turning the corner after a rough start to the year. Indeed, a host of tech firms have seen shares make marginal increases that could be setting the stage for a further bull market on the horizon. Among them is Amazon (AMZN), as its Amazon Web Services (AWS) AI expansion may be poised to push the stock closer to the $305 level.
The cloud computing sector has been one of the fastest growing in the technology space. Alongside AI, it has garnered significant demand on Wall Street. Yet, Amazon continues to be the cream of the crop, and it may be set to only further extend its lead against a crowded field.
Also Read: Alphabet (GOOGL) or Amazon (AMZN): Which Stock is Better Buy in March?
Amazon AWS Makes Key AI Expansion as Experts Have High Hopes for Stock
Like many of its mega-cap peers, Amazon has struggled in March. Currently priced at $202, shares have plummeted more than 5% over the last 30 days. Although they have rebounded more than 3% in the last week, it is still down more than 17% year-to-date.
However, the US stock market still has high hopes for the tech sector. Moreover, there may be no company better diversified to thrive in that emerging industry than the e-commerce juggernaut. Specifically, Amazon may see a key AWS AI expansion help to propel the stock to the $305 level.
Also Read: Buy Amazon Before May 2026: After That, the AMZN Trend Might Reverse
Amazon’s cloud computing business has made a key AI alliance through a new deal. According to a new report, the company has announced Hangzhou FAR International Logistics as a new client for its Amazon Service Provider Network. This only strengthens its position as a global logistic service provider, fortifying its position in the ever-growing AI and cloud industries
Over the last five years, Amazon stock has delivered a total return of nearly 107%. Indeed, this technological edge is a massive reason for this. But can those kinds of returns continue amid what has been a struggling tech market this year? Wall Street certainly thinks so, as experts are immensely bullish on the stock.
According to CNN data, 95% of 74 surveyed analysts hold a buy rating on the stock. Moreover, it holds a median price target of $270, up 33% from its current position. Additionally, its high-end projection sits at the $306 mark, denoting a 50% upside for the tech stock throughout 2025.
Read More
Amazon (AMZN) Key AWS AI Expansion Pushes Stock Up: Is It $305 Bound?
The US stock market appears to be turning the corner after a rough start to the year. Indeed, a host of tech firms have seen shares make marginal increases that could be setting the stage for a further bull market on the horizon. Among them is Amazon (AMZN), as its Amazon Web Services (AWS) AI expansion may be poised to push the stock closer to the $305 level.
The cloud computing sector has been one of the fastest growing in the technology space. Alongside AI, it has garnered significant demand on Wall Street. Yet, Amazon continues to be the cream of the crop, and it may be set to only further extend its lead against a crowded field.
Also Read: Alphabet (GOOGL) or Amazon (AMZN): Which Stock is Better Buy in March?
Amazon AWS Makes Key AI Expansion as Experts Have High Hopes for Stock
Like many of its mega-cap peers, Amazon has struggled in March. Currently priced at $202, shares have plummeted more than 5% over the last 30 days. Although they have rebounded more than 3% in the last week, it is still down more than 17% year-to-date.
However, the US stock market still has high hopes for the tech sector. Moreover, there may be no company better diversified to thrive in that emerging industry than the e-commerce juggernaut. Specifically, Amazon may see a key AWS AI expansion help to propel the stock to the $305 level.
Also Read: Buy Amazon Before May 2026: After That, the AMZN Trend Might Reverse
Amazon’s cloud computing business has made a key AI alliance through a new deal. According to a new report, the company has announced Hangzhou FAR International Logistics as a new client for its Amazon Service Provider Network. This only strengthens its position as a global logistic service provider, fortifying its position in the ever-growing AI and cloud industries
Over the last five years, Amazon stock has delivered a total return of nearly 107%. Indeed, this technological edge is a massive reason for this. But can those kinds of returns continue amid what has been a struggling tech market this year? Wall Street certainly thinks so, as experts are immensely bullish on the stock.
According to CNN data, 95% of 74 surveyed analysts hold a buy rating on the stock. Moreover, it holds a median price target of $270, up 33% from its current position. Additionally, its high-end projection sits at the $306 mark, denoting a 50% upside for the tech stock throughout 2025.
Read More