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Amazon.com has delivered sizeable gains in recent years, and with the stock last closing at US$266.03 the real question for investors is whether that price still lines up with what its earnings can support. Over the past 3 years, Amazon.com has returned 87.2%, which puts a lot of weight on the idea that its earnings power can keep backing up that performance. The company is pouring very large sums into AI infrastructure and data centers, which can shape the timing and durability of future profits that ultimately feed into any earnings based valuation. Your read on Amazon.com is one view; the desks covering it have another. See what analysts think Amazon.com's shares could be worth. The issue now is whether Amazon.
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