Amazon.com stock gets a higher USD 385 target from Tigress

Published on 10/07/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amazon.com stock gets a USD 385 target from Tigress Financial dated October 6, 2026. Q2 revenue reached USD 200.61 billion and AWS grew 37 percent year over year.

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Amazon.com Inc. (ISIN US0231351067) drew a USD 385 price target from Tigress Financial after the analyst firm raised its previous USD 315 target on October 6, 2026. According to Aktiencheck, Tigress analyst Ivan Feinseth kept the Buy rating and linked the higher target to AWS, artificial intelligence, advertising, Prime engagement and margin expansion.

Tigress lifts target by USD 70

The increase from USD 315 to USD 385 represents a USD 70 step-up in the target. At the Nasdaq price of USD 254.95 on October 7, 2026, the USD 385 target lies 51.0 percent above the stock.

Tigress sees Amazon's investment cycle approaching a point where returns from infrastructure spending can grow faster than the operating capital required to support it. That interpretation makes margin conversion, rather than revenue growth alone, the central test for the bullish case.

Q2 growth strengthens the case

Amazon's Q2 2026 revenue was USD 200.61 billion, up 19.6 percent from the prior-year quarter, while diluted EPS reached USD 5.75 compared with USD 1.68 a year earlier. MarketBeat reported that revenue exceeded the USD 197.03 billion consensus estimate and EPS topped the USD 1.82 estimate.

AWS supplied the sharper operating signal. Its Q2 2026 revenue reached USD 42.2 billion, up 37 percent year over year, while AWS operating income was USD 16.6 billion, according to TradingKey. The cloud segment therefore remains the clearest bridge between Amazon's AI spending and future profitability.

Consensus stays above the stock

Analyst coverage remains tilted positive. Investing.com lists 59 analysts, including 57 Buy ratings and two Holds, for a Strong Buy consensus and an average 12-month target of USD 331.53. The average target lies 30.0 percent above USD 254.95, while the published target range runs from USD 230 to USD 405.

The counterweight is capital intensity. MarketBeat cited heavy AI infrastructure spending, potential free-cash-flow pressure and regulatory scrutiny as risks that could challenge the margin thesis.

Amazon stock trades below its yearly high

Amazon stock was trading at USD 254.95 on Nasdaq on October 7, 2026 at 10:19 a.m. ET, down 0.52 percent from the prior close. Its market capitalization was USD 2.7 trillion, and the 52-week range was USD 196.00 to USD 287.20.