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Business
Sam Quirke

Amazon's $350 Price Target Faces a Big Earnings Test

Amazon Amazon Web Services Morgan Stanley Brian Nowak Artificial Intelligence

Amazon.com Inc. (NASDAQ: AMZN) has given its shareholders little to cheer this year.

Despite the tech giant printing record revenues, the stock has managed a gain of barely 10% so far in 2026 and sits roughly where it stood 12 months ago. It’s safe to say investors have been feeling a bit hard done by and are due for some good news.

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