Amazon Stock: Roth Capital Gives Strong Buy Rating, See New Target

Amazon stock (NASDAQ: AMZN) opened Monday’s trading bell at $274. The global e-commerce giant is among the top-performing Magnificent 7 companies in 2026. AMZN has surged by nearly 21.5% year-to-date, as prices began to surge in Q3 this year. Traders who accumulated the dips are all in profit in August. It reached its 52-week high early this month before settling at the $274 zone.

On the heels of the ongoing recovery, private investment banking firm Roth Capital Partners has provided a new price target for Amazon stock. The Wall Street firm is confident that the leading equity has further steam and could breach the $300 wall next. AMZN has not touched $290 in 2026, and all eyes are now on the equity to go beyond the number. The bulls are now very close to making it climb above the target.

Also Read: Bank Of America Predicts SanDisk Stock Price To Hit $2500: Buy?

Amazon Stock Price Prediction From Roth Capital Partners

Rohit Kulkarni, the Internet and Capital Markets analyst at Roth Capital Partners, wrote in a note to clients early this month urging them to accumulate AMZN. The analyst gave the equity a strong buy rating with a target well above the $300 level. According to the latest price prediction, the analyst gave Amazon stock a target of $325. That would be a profit of nearly $50 per share if traders take an entry position at $274.

… Continue reading the full article at the original source below.