Amazon stock price target raised to $300 from $255 at Piper Sandler

Investing.com - Piper Sandler raised its price target on Amazon.com (NASDAQ:AMZN) to $300 from $255 on Friday, while maintaining its existing rating on the e-commerce and cloud computing giant. The new target approaches the analyst high target of $306, as Amazon shares currently trade near their 52-week high at $248.57.

The price target adjustment follows Amazon’s third-quarter 2025 results, which Piper Sandler noted were "better than expected and above negative buyside sentiment." The firm maintained its Overweight rating on Amazon stock. With a market capitalization of $2.66 trillion and a PEG ratio of 0.58, InvestingPro data suggests Amazon is trading at a low P/E ratio relative to its near-term earnings growth potential.

Amazon Web Services (AWS), the company’s cloud computing division, accelerated to 20% year-over-year growth during the quarter, with Piper Sandler highlighting that meaningful power capacity came online and is "set to double again by 2027." This growth complements Amazon’s overall revenue growth of 10.87% and impressive five-year revenue CAGR of 18%.

The research firm pointed out that Amazon’s operating income, excluding $4.3 billion in one-time charges, exceeded the high end of the company’s guidance range. Piper Sandler also noted that Amazon "remains relentless on lowering cost to serve." This efficiency focus has helped maintain Amazon’s healthy gross profit margin of 49.61%, while operating with a moderate debt level.

Piper Sandler’s analysts believe Amazon "appears on the cusp of an AI product cycle" and cited higher estimates as the basis for raising their price target on the stock. For investors seeking deeper insights, InvestingPro offers comprehensive analysis on Amazon, including 11 additional ProTips and a detailed Pro Research Report that transforms complex Wall Street data into actionable intelligence.

In other recent news, Amazon.com has seen a series of analyst upgrades following its third-quarter results, which exceeded expectations. KeyBanc raised its price target for Amazon to $303, citing the acceleration of Amazon Web Services (AWS) to 20% year-over-year growth. Similarly, Oppenheimer increased its target to $290, highlighting AWS’s momentum and the company’s expansion in capacity. Raymond James also raised its price target to $275, noting AWS’s performance exceeding growth expectations. Morgan Stanley set a new price target of $315, attributing this to Amazon’s better-than-expected results and guidance. Meanwhile, Telsey Advisory Group adjusted its target to $300, based on a higher enterprise value to EBITDA multiple. These developments reflect the positive sentiment among analysts regarding Amazon’s recent performance and growth prospects.

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