Morgan Stanley raises target to USD 350 for Amazon.com stock
Published on 10/26/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey figures and dates
- Morgan Stanley raised its Amazon target from USD 335.00 to USD 350.00 on October 19, 2026.
- AWS revenue reached USD 42.20 billion in the second quarter, up 36.70 percent year over year.
- Amazon.com stock costs EUR 223.83 at Lang & Schwarz on October 26, 2026 at 4:01 p.m. CET.
Amazon.com Inc. (ISIN US0231351067) is facing a higher valuation bar after Morgan Stanley raised its price target from USD 335.00 to USD 350.00 on October 19, 2026, as reported by MarketScreener. Amazon.com stock was trading at EUR 223.83 at Lang & Schwarz on October 26, 2026 at 4:01 p.m. CET.
AWS growth sets the valuation test
For the second quarter ended June 30, 2026, Amazon reported revenue of USD 200.61 billion, up 20.00 percent year over year, while operating income rose 43.00 percent to USD 27.46 billion, according to Investing.com. Amazon Web Services supplied the clearest growth signal: second-quarter revenue reached USD 42.20 billion, an increase of 36.70 percent, and operating income reached USD 16.60 billion.
The analyst case depends on that acceleration continuing. Morgan Stanley's October 19 target implies 39.83 percent upside from the USD 250.28 Nasdaq price at 11:04 a.m. EDT on October 26, 2026. The firm also retained its Overweight rating and named Amazon a top pick, according to the same dated report.
What October 29 will test
Amazon has scheduled its third-quarter results and conference call for October 29, 2026. The company announced the date on October 15, 2026 in a release carried by Amazon.com. The report will show whether AWS growth stays above the second-quarter pace and how management frames infrastructure spending.
Amazon's Nasdaq valuation was USD 2.70 trillion on October 26, 2026, with a price-to-earnings ratio of 20.13. The same market data put the 52-week range at USD 196.00 to USD 287.20, leaving the stock below its high while the next earnings date approaches.
Price and investor perspective
Amazon combines a large retail platform with cloud computing, advertising and subscription services. Its second-quarter AWS revenue of USD 42.20 billion and operating income of USD 16.60 billion make the cloud division the central numerical test for the October 29 update.
The further course of trading is shown by the continuously updated real-time quote of Amazon.com stock.
Amazon.com Inc. market data
- Company: Amazon.com, Inc.
- ISIN: US0231351067
- Ticker: AMZN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 26, 2026, 4:01 p.m. CET): EUR 223.83
- Market capitalization: USD 2.7 trillion (as of October 26, 2026)
- 52-week range: USD 196.00-287.20 (as of October 26, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
