Amazon.com Inc. (NYSE:AMZN) is one of them 10 Best Retail Stocks With Big Potential. On February 23, Wells Fargo acquired Amazon.com Inc. (NASDAQ: AMZN ) lowered its target price to $304 from $305. The company maintained an overweight rating on the stock, offering investors a potential upside of more than 40% at current levels.
Wells Fargo notes that the computer capacity of Amazon.com Inc. (NASDAQ: AMZN ) is a key success factor, as AI-driven demand is expected to outpace supply in the near-medium term. Hyperscalar capacity is projected to double to 98GW by 2027 at an annual investment of $860 billion, and the cloud market is seen expanding faster than consensus.
Back on February 6, Oppenheimer on Amazon.com Inc. (NASDAQ: AMZN ) cut the company’s price target to $260 from $325. However, the company maintained its outperform rating on the stock, receiving a nearly 20% revision despite a downward revision.
The revision came on the back of the company’s quarterly results. Despite the high capex outlook making the shift, the company is confident of AWS ramping up, supported by accelerating revenue and market share gains.
Amazon.com Inc. (NASDAQ: AMZN) is a technology company engaged in e-commerce, cloud computing, streaming, AI solutions, and physical retail. It offers consumer retail, advertising and subscription solutions through an extensive network of online and brick-and-mortar stores worldwide. The company also makes and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Blink, and eero.
While we acknowledge AMZN’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: The 40 most popular stocks among hedge funds heading into 2026 and The 12 Best Broken Technology Stocks to Buy According to Wall Street Analysts.
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