10 AI Stocks Making Big Moves on Wall Street

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1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 AI Stocks Making Big Moves on Wall Street. On September 16, Truist Securities analyst Youssef Squali raised the price target on the stock to $270.00 (from $250.00) while maintaining a Buy rating.

The firm said that Amazon is tracking ahead of consensus revenue expectations for North America in 3Q25-an estimated $1B ahead of its $105B forecast. It further noted steady demand and no tariff impacts yet, a testament to its “expansive offering, its marketplace model and superior logistics.”

“More than two-thirds into 3Q25, Amazon’s NA revenue is tracking ~$1B ahead of consensus of ~$105B per the Truist Card Data (thru 9/6), implying ~10% Y/Y growth which is virtually in line with 2Q’s level of 11%. August’s AOV & order frequency were flat and up 6% Y/Y, respectively reflecting no attenuation of demand so far and no notable increases in ASPs from tariffs so far, a testament to the company’s expansive offering, its marketplace model and superior logistics. We’re tweaking our 3Q estimates higher, publishing our 2026 quarterly projections and establishing a new FY26 DCF-derived PT of $270 vs. our previous FY25 PT of $250.”

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 AI Stocks Gaining Attention on Wall Street  and 10 AI Stocks Analysts Are Tracking Closely.

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