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Amazon Stock Poised for Further Gains as AWS Reaches New Heights

Guavy AI Editorial Team Published September 2, 2026

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AMZN

Amazon's stock has seen a significant surge in recent months, with a 17.55% one-month rally that pushed shares through their prior 52-week high.

The company's AWS division reported its fastest growth in 18 quarters, with revenue of $42.23 billion at a 39.4% operating margin.

CEO Andy Jassy highlighted the strong performance of AWS AI and custom-silicon businesses, which both exceeded run rates of over $25 billion.

The stock is currently trading at $266.43, with a 24/7 Wall St. price target of $338.72, implying 27.13% upside from current levels.

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