AWS Fueling Amazon's Stock Price Surge: 32% Upside Predicted

Amazon's stock price is expected to rise by 32% as its cloud computing arm, AWS, reports record growth. According to analysts, Amazon's current stock price of $353.44 is likely to reach a new high, with some predicting it could even surpass $405 in the next year.

AWS has seen its revenue grow by 36.7%, its fastest pace in 18 quarters, driven by increasing demand for cloud services and AI-related revenues. This growth has sparked optimism about Amazon's potential to become a trillion-dollar business.

While some risks exist, including high capital spending and negative free cash flow, the market remains bullish on AWS' ability to sustain its growth and expand margins.