Rosenblatt raises target for Amazon.com stock to USD 360.00

Published on 10/01/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 200.60 billion, up 20.00 percent year over year. Amazon.com stock costs EUR 220.75 on October 1, 2026 after EUR 220.05.

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Amazon.com (ISIN US0231351067) was trading at EUR 220.75 at Lang & Schwarz on October 1, 2026 at 10:01 a.m. CEST, plus 0.32 percent versus the prior close of EUR 220.05. On September 30, 2026, Rosenblatt Securities raised its Amazon price target from USD 335.00 to USD 360.00 and maintained a Buy rating, as MarketBeat reported.

Revenue grows 20.00 percent

Amazon reported USD 200.60 billion in revenue for the second quarter of 2026, up 20.00 percent year over year, while operating income rose 43.00 percent to USD 27.50 billion. The figures come from the July 30, 2026 results call documented by Fortune.

Amazon Web Services supplied a sharper growth signal in the same quarter: revenue reached USD 42.20 billion, up 36.70 percent year over year, and AWS operating income reached USD 16.60 billion. That comparison matters because cloud growth accelerated faster than group revenue, giving the company a higher-margin engine alongside retail and advertising.

Analysts raise the valuation bar

Rosenblatt's USD 360.00 target followed a USD 335.00 target and came with a Buy rating. MarketBeat reported 56 Buy ratings and three Holds, with an average target of USD 321.63. These targets are stated in US dollars and are not directly comparable with the euro reference price.

The next scheduled earnings date is October 29, 2026, according to the calendar published by Zacks. Its consensus estimate for the September 2026 quarter is USD 2.01 per share, making the upcoming report the next quantified test of Amazon's earnings trajectory.

Amazon.com stock and the yearly range

Amazon traded on the Nasdaq with a USD 2.7 trillion market capitalization and a USD 196.00 to USD 287.20 52-week range as of September 30, 2026. The euro quote from Lang & Schwarz was therefore below the upper end of the separately denominated Nasdaq range, while the daily move remained below the 1.00 percent threshold used for a directional headline.

At Lang & Schwarz, Amazon.com stock was trading at EUR 220.75 on October 1, 2026 at 10:01 a.m. CEST, plus 0.32 percent versus the EUR 220.05 prior close of September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Amazon.com stock.