{"id":435097,"date":"2026-01-28T16:29:33","date_gmt":"2026-01-28T16:29:33","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/435097\/"},"modified":"2026-01-28T16:29:33","modified_gmt":"2026-01-28T16:29:33","slug":"oppenheimer-names-amazon-a-top-mega-cap-pick-on-ai-driven-web-services-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/435097\/","title":{"rendered":"Oppenheimer names Amazon a top mega-cap pick on AI-driven Web Services growth"},"content":{"rendered":"<p>Oppenheimer pointed to accelerating growth at Amazon Web Services as a major driver for shares of Amazon . The bank maintained its outperform rating on the e-commerce giant. Oppenheimer also named the stock a top mega-cap pick, and lifted its price target to $315 from $305. The revised target implies upside of 29% from Tuesday&#8217;s close. Analyst Jason Helfstein attributed his bullish view to higher Amazon Web Services estimates, especially after analyzing the impact of Anthropic, an Amazon-backed AI startup founded by former OpenAI research executives. AMZN 1Y mountain AMZN 1Y chart &#8220;Now assuming FY26 AWS revenue +24% vs. Street&#8217;s +21%. Based on $11B of Anthropic AWS revenue, with core stable at +18% y\/y, notably still below our prior GW analysis, suggesting this could be conservative,&#8221; the analyst wrote, noting that ex-Anthropic growth also continues to look strong. Helfstein added that Amazon&#8217;s Web Services segment has achieved significant value as the global leader in cloud computing. Helfstein also pointed to Amazon&#8217;s e-commerce margins beginning to benefit from automation investments such as robots, which retail jobs data suggests Amazon is already leveraging. &#8220;While robots touching 75% of packages as of 2Q25, assuming AMZN doubles its robotics use from 5% of shipped items to 10% (replacing ~5% of human) represents $7B of incremental cost savings in 2027. We are assuming robots are 90% cheaper than humans once operational given scalable, low incremental costs and fulfill 25% faster at AMZN&#8217;s Shreveport, LA facility,&#8221; he wrote. Other catalysts for Amazon, Helfstein added, include the expansion of Amazon Prime Now and Prime Fresh services alongside the expansion of original video and new content services. Amazon&#8217;s next earnings report, due after market close next Thursday, Feb. 5, could serve as another catalyst. Shares of Amazon have added 3% over the past 12 months. The stock was trading slightly higher in Wednesday&#8217;s premarket session after Amazon announced it would lay off about 16,000 corporate workers in an ongoing effort to reduce bureaucracy. This is the company&#8217;s second round of mass job cuts since October.<\/p>\n","protected":false},"excerpt":{"rendered":"Oppenheimer pointed to accelerating growth at Amazon Web Services as a major driver for shares of Amazon .&hellip;\n","protected":false},"author":2,"featured_media":435098,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,1540,181,507,122,113,114,74],"class_list":["post-435097","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-amazon-com-inc","tag-artificial-intelligence","tag-artificialintelligence","tag-business-news","tag-investment-strategy","tag-stock-markets","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/435097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=435097"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/435097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/435098"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=435097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=435097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=435097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}