10 AI Stocks on the Market’s Radar

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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 on the Market’s Radar. On October 31, Piper Sandler raised its price target on the stock to $300 from $255 and kept an “Overweight” rating on the shares.

The rating affirmation follows Amazon’s third-quarter 2025 results which were “better than expected and above negative buyside sentiment.”

AWS growth has picked back up to 20% y/y with more power capacity expected to double by 2027. Operating income also beat the high end of guidance excluding one-time charges.

The firm believes that Amazon “appears on the cusp of an AI product cycle,” while it continues to cut down costs.

“3Q25 Wrap: AWS Is Back On Track; 3Q results were better than expected and above negative buyside sentiment. AWS accelerated to +20% y/y with meaningful power capacity coming online & set to double again by 2027. Op income excluding $4.3BN in one-time charges was above the high end of guidance. AMZN remains relentless on lowering cost to serve and appears on the cusp of an AI product cycle. On higher estimates, we’re raising our PT to $300 from $255. Reiterate OW.”

Amazon.com Inc. (AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.

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 in the Spotlight Today and 11 Must-Watch AI Stocks on Wall Street

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