Amazon Stock Poised for Fresh All-Time High: Analysts Predict 31% Upside

Amazon's (AMZN) stock price has been on an upward trajectory, and analysts at 24/7 Wall St. are predicting a fresh all-time high within the next year.

The current price of Amazon shares is $247.95, with a projected price target of $326.19 over the next 12 months, indicating a potential upside of 31.41%.

This prediction is based on the company's impressive Q2 FY2026 earnings report, which saw revenue grow 19.62% year-over-year to $200.6 billion, with AWS growing at its fastest pace in 18 quarters at 36.7%.

CEO Andy Jassy has stated that AWS is 'booming right now,' and the company's AI revenue and custom chip business have both cleared $25 billion annualized run rates with triple-digit growth.