Amazon, SanDisk, Nebius Receive Analyst Price Targets
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- Amazon – J.P. Morgan analyst Doug Anmuth raised his price target to $280 from $265 and reaffirmed a buy rating, citing solid demand and capacity expansion in AWS.
- Amazon – Anmuth projects AWS revenue growth of roughly 28‑30% each quarter of 2026 and 26% in 2027, driven by traditional workloads shifting to the cloud and increased AI adoption, and notes a $138 billion eight‑year partnership with OpenAI.
- SanDisk – Bank of America analyst Wamsi Mohan reaffirmed a buy rating with a $900 price target, highlighting AI‑driven NAND demand and long‑term supply contracts that lock in fixed and variable pricing across cloud, client, and consumer segments.
- SanDisk – Management plans to limit supply growth to the high‑teens percent range in 2026‑2027 while focusing on higher‑margin enterprise SSDs, with BiCS8 eSSDs expected to boost revenue in the second half of 2026.
- Nebius – D.A. Davidson analyst Alexander Platt raised his price target to $200 from $150 after Nebius secured a $27 billion five‑year AI infrastructure deal with Meta Platforms, including $12 billion of compute in 2027 and up to $15 billion of additional capacity.
- Nebius – Platt points to a backlog that now includes a Microsoft contract up to $19.4 billion and Meta agreements near $30 billion, and the company aims to deploy over 5 GW of capacity by 2030, positioning it as a leading “neocloud” player.
Why it matters: Investors gain exposure to firms poised for AI‑driven revenue expansion, as Amazon’s AWS growth, SanDisk’s NAND demand, and Nebius’s hyperscaler contracts promise higher margins and cash flow, while near‑term cost pressures from fuel prices and supply constraints weigh on operating income.
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