Wall Street's Average Amazon Price Target Sits 34% Above the Stock -- 4 Days Before Its Earnings.

Amazon stock has fallen 16% below its 52-week high amid investor concerns over the company's planned $200 billion capital expenditure in 2026 for AI infrastructure, which has caused free cash flow to plummet. However, Wall Street analysts maintain an average price target of $313 (34% above current price), citing AWS's accelerating growth at 28% year-over-year as justification for the heavy spending.