Truist Financial Securities has increased its price target for Amazon stock to $285, ahead of the company's earnings call on April 29, 2026. This adjustment follows a previous target of $280 set by analyst Youssef Squali, who maintains a "Buy" rating on the stock. Amazon shares have shown significant volatility, but have rebounded strongly, rising 18.15% in the second quarter from a low of $208 to a high of $248. The anticipated revenue growth from Amazon Web Services (AWS), expected to accelerate from 23% to 25%, is a key factor in the optimistic forecast. AWS's performance is seen as a major driver of Amazon's overall revenue and stock price. Other financial institutions, including Bank of America and KeyBanc Capital Markets, have also issued buy ratings for Amazon, reflecting broad confidence in the company's growth prospects.