Morgan Stanley Raises Amazon PT to $300 — Manageable Tariffs, Strong AI Outlook

Amazon.com, Inc. (NASDAQ:AMZN) is a Must-Watch AI Stock on Wall Street.  On July 11, Morgan Stanley reiterated the stock as “Buy” and raised its price target on the stock to $300 per share from $250. Amazon was reiterated as a top pick, with the firm stating that it sees a “more manageable tariff and geopolitical backdrop.” It also lifted its 2026 and 2027 EPS forecasts by 9% and 6%.

Analysts stated that they view Amazon Web Services as gaining speed again, owing to the growing contribution from AI startup Anthropic. This could bring in revenue of about $10 billion to $19 billion by 2027. Despite supply constraints, core cloud demand also remains strong.

Morgan Stanley Raises Amazon PT to $300 — Manageable Tariffs, Strong AI Outlook

A CIO survey also revealed that AWS is gaining share from rivals. The firm now projects AWS revenue growth of 17% to 18% annually through 2026, with margins near 37%.

“Today, we are re-raising our estimates as we adjust for the more constructive macro landscape with lower tariffs.”

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

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