Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Fundamental Stocks to Buy According to Analysts. On January 8, Cantor Fitzgerald reduced the price objective on the company’s stock to $260 from $315, while keeping an “Overweight” rating. As per the analyst, although there are lingering macro-economic concerns, the outlook for global internet stocks into 2026 remains favourable as AI enters a Synergy phase.
The analyst believes that this can fuel accelerating revenue growth, improvement in value capture, and clearer long-term returns on capex. The firm added that the group remains well-positioned to outperform in 2026 amidst favourable estimate revisions and improvement in sentiments.
In a different update, on January 5, Jefferies increased its price objective on Amazon.com, Inc. (NASDAQ:AMZN)’s stock to $300.00 from $275.00 while maintaining a “Buy” rating. As per the firm, the potential for negative sentiment is expected to reverse, considering the accelerating AWS growth and improvement in AI capabilities.
Also, the firm believes that Amazon.com, Inc. (NASDAQ:AMZN)’s robust market position in cloud computing and the shift in AI from model training to running AI applications in production places AWS to be a critical provider of AI development as well as inferencing solutions for enterprises.
While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now
Disclosure: None. This article is originally published at Insider Monkey.
