00:00It's Benzinga bringing Wall Street to Main Street.
00:02Morgan Stanley analyst Brian Nowak said Amazon shares could reach $500 by the end of 2027
00:10if Amazon Web Services delivers stronger than expected growth, according to Barron's.
00:16Nowak's base case calls for a $335 share price, while his bull case assumes AWS revenue reaches
00:23$1 trillion by 2035. AWS currently generates about $170 billion in annualized revenue.
00:31Morgan Stanley estimates Amazon is adding about 8 gigawatts of computing capacity this year
00:36and another 8 gigawatts in 2027. The firm said stronger monetization of AI computing capacity
00:43could drive AWS growth. For all things money, visit Benzinga.com.
Comments