Amazon Stock Price Predicted to Reach $326.10 in Next 12 Months

24/7 Wall St. has predicted that Amazon's (AMZN) stock price could reach $326.10 in the next 12 months, representing a 32.5% upside from its current price of $246.15.

The prediction is based on the company's expected earnings growth, sector momentum, analyst consensus, and other factors.

AWS re-acceleration, advertising growth, and fulfillment and transportation optimization are among the positive trends that could drive Amazon's stock price higher.

However, there are also potential headwinds, including cloud competition and price pressure on AWS margins, regulatory scrutiny, and retail wage and logistics inflation.