Amazon’s Blockbuster Deal Sends AMZN Soaring—$290 in Sight

Another day, another corporate megadeal—but this one’s got Wall Street buzzing. Amazon just locked in a partnership so big it’s sending shockwaves through the market. Analysts are already dusting off their ’buy’ ratings like they’re Nostradamus with a Bloomberg terminal.

Why the frenzy? The undisclosed partner (cough, probably another too-big-to-fail tech giant) gives Amazon a direct pipeline to explosive growth. Cue the institutional investors piling in like it’s a Black Friday doorbuster.

Price targets getting revised upward faster than a crypto pump-and-dump scheme. $290 per share suddenly looks conservative—assuming the Fed doesn’t rain on the parade with another ’surprise’ rate hike.

Now the Time to Invest in Amazon (AMZN)?

Amazon has become one of the best investments to be made on Wall Street. A retail titan, it has continued to diversify, becoming one of the top tech options in the Magnificent 7. The e-commerce firm recently reported Q1 earnings that were rather impressive. The most important point of note was that revenue jumped 10% to reach the $155.7 billion mark. Moreover, its operating income hit 11.8%, up from 2024’s 10.7%.

These financials were important as the tariffs loomed large. However, it still has impressive Amazon Web Services (AWS) and AI development marks that make it all the more attractive. In a recent report, Morningstar projected Q2 guidance of $159 billion to $164 billion, with operating income reaching between $13 billion and $17.5 billion.

The firm also has a 4-star rating, noting that the stock is currently undervalued in relation to its long-term fair value figure of $240 a share. CNN analysts project Amazon to continue its gains over the next 12 months, possibly going as high as $290 by May 2026. This WOULD mark a 36% ROI from current prices if you were to invest now.