Analyst Remains Bullish on Amazon, TD Cowen Raises PT From $300 to $315

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 15 Best S&P 500 Stocks to Look For in 2026.

On January 13, TheFly reported that TD Cowen increased the price target on Amazon.com, Inc. (NASDAQ:AMZN) from $300 to $315. John Blackledge at TD Cowen maintained a Buy rating while raising the price target on AMZN.

Blackledge raised the price target on the e-commerce giant following its advertising buyer survey as part of a fourth-quarter 2025 preview, reported TheFly. TD Cowen’s annual Ad buyer survey indicates a positive outlook for Amazon’s Ad business. The analyst points out that Amazon is expected to be among the largest share gainers for Ad budgets. Over 60% of Amazon advertisers expect to increase spend in 2026, according to TD Cowen’s survey.

Analyst Remains Bullish on Amazon, TD Cowen Raises PT From $300 to $315

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At the same time, Josh Beck from Raymond James believes Q4 2025 is positive, with strong holiday trends, favorable ad checks, and beatable AWS expectations, per TheFly. Beck believes that the AI narrative will be the major driver for AMZN stock performance in 2026.

Amazon.com, Inc. (NASDAQ:AMZN) is the largest e-commerce company in the world, along with diversified business operations through its subsidiaries. The company engages in retail sales of consumer products, advertising, and subscriptions online. Amazon is also the largest cloud service provider globally through its Amazon Web Services (AWS).

While we acknowledge the potential of AMZN to grow, 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.

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Disclosure: None. This article is originally published at Insider Monkey.