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Cantor Fitzgerald Reduces PT on Amazon.com (AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Fundamental Stocks to Buy According to Analysts. On January 8, Cantor Fitzgerald reduced the price objective on the company’s stock to $260 from $315, while keeping an “Overweight” rating. As per the analyst, although there are lingering macro-economic concerns, the outlook for global internet stocks into 2026 remains favourable as AI enters a Synergy phase.

The analyst believes that this can fuel accelerating revenue growth, improvement in value capture, and clearer long-term returns on capex. The firm added that the group remains well-positioned to outperform in 2026 amidst favourable estimate revisions and improvement in sentiments.

In a different update, on January 5, Jefferies increased its price objective on Amazon.com, Inc. (NASDAQ:AMZN)’s stock to $300.00 from $275.00 while maintaining a “Buy” rating. As per the firm, the potential for negative sentiment is expected to reverse, considering the accelerating AWS growth and improvement in AI capabilities.

Also, the firm believes that Amazon.com, Inc. (NASDAQ:AMZN)’s robust market position in cloud computing and the shift in AI from model training to running AI applications in production places AWS to be a critical provider of AI development as well as inferencing solutions for enterprises.

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.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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