Amazon Has Natural Advantages in AI, Analysts Say -- Market Talk

Dow Jones04:50

1650 ET - Amazon is one of a handful of companies in the artificial intelligence space that has natural advantages given its diverse mix of businesses, which stand to benefit from rapidly growing AI capabilities, Deutsche Bank analysts say in a note. "Moreover, the company is building its cloud capacity and AI moat from funds it generates from existing businesses, that - in turn - are also benefiting from these expanded capabilities," the analysts say. As a result, while the company's near-term spending plans could seem higher than typical, the analysts say they remain optimistic, raising their price target on the stock to $315 from $290. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

April 30, 2026 16:50 ET (20:50 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment