7/106 sources · 4 publishersUpdated Oct 26, 18:33 UTC
UBS lifts Amazon price target to $348, citing higher AWS margins
UBS raised its price target for Amazon.com Inc. from $318 to $348 and kept a Buy rating. The Swiss bank expects Amazon Web Services operating margin to reach 46% in 2027, well above the consensus estimate of 38%. UBS also projects AWS will add about $80 billion in revenue and $20 billion in depreciation and amortisation in 2027, supporting the higher target.
Why it matters
UBS’s new target implies roughly a 40% upside from the current share price, which may prompt investors to re‑evaluate Amazon’s valuation. The higher AWS margin outlook could also lift earnings and free‑cash‑flow forecasts for 2027, influencing analyst models.
Key facts
- 1UBS increased its price target for Amazon to $348 from $318. marketscreener.com
- 2UBS forecasts AWS operating margin of 46% for 2027, versus consensus of 38%. investing.com
- 3UBS expects AWS to generate approximately $80 billion of incremental revenue in 2027. investing.com
- 4UBS projects $20 billion of additional depreciation and amortisation for AWS in 2027. investing.com
- 5UBS maintains a Buy rating on Amazon ahead of its Q3 earnings scheduled for Oct. 29. investing.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.