Amazon.com, Inc. (Nasdaq: Amzn) is one of the AI shares investors are watching at the moment. On August 13, Telsey’s analyst Joseph Feldman reiterated an overperformance note on action with a price target of $ 265.00.
The assertion of rating occurs while Amazon continues to take advantage of its substantial annual income base of $ 670 billion to extend the market share.
“View of tags: overall, this expansion to offer delivery the same day of perishable grocery creates a single window for a range of customer needs. Above all, we believe that it is a strong decision for Amazon, deepening relations with and sharing portfolio among its main members’ customers, as well as positioning the company to better compete with other leaders in the grocery space.”
This expansion is based on Amazon’s force and positions it better against its grocery competitors. The company also believes that the technology giant can take advantage of its main membership base, relations with small businesses and technological advantages to continue to obtain market share.
Certain major growth opportunities are also found in grocery store, private brands, pharmacy, logistics and generative AI. These areas can make business more precious in the future.
“Tag thesis: In general, Amazon should continue to gain market share by taking advantage of its bonded members’ basis of members, its small relationships and its technological point. Amazon’s ability to fuel key growth opportunities – major private brands, pharmacy, logistics and advertising should continue to exceed and support retail. Based on the application of a multiple EV / To our EBITDA 2026 estimate of ~ 193 billion dollars.
Amazon.com Inc. (NASDAQ: AMZN) is an American technology company offering electronic commerce, cloud computing and other services, including digital streaming solutions and artificial intelligence.
Although we recognize Amzn’s potential as an investment, we believe that certain AI actions offer greater upward potential and have a less unknown risk. If you are looking for an extremely undervalued AI stock that should also benefit considerably from the Trump era tariffs and the excessive trend, see our free report on the Best short -term AI stock.
Then read: 10 actions AI essentials at Wall Street and 10 stocks AI doing the titles this week.
Disclosure: None.
