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Ever ISI analyst Mark Mahaney identifies Amazon as the most undervalued artificial intelligence investment for 2027 and beyond, setting a price target of $355.
This valuation stands in contrast to the stock's current trading level of approximately $250, reflecting a view that the market is underappreciating the company's potential to shift from an AI laggard to a winner.
While stocks like Nvidia and Palantir Technologies have driven the S&P 500 index higher, Amazon shares have risen 51% over the last five years, lagging behind the index's 88% gain during the same period.
The core of Mahaney's thesis rests on Amazon Web Services (AWS), the world's leading cloud infrastructure provider.
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