Wells Fargo Keeps an Overweight Rating on Amazon.com, Inc. (AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) is among the 7 Best Jewellery Stocks to Buy Now.

On January 12, 2026, TheFly reported that Wells Fargo kept its Overweight rating and boosted its price goal on Amazon.com, Inc. (NASDAQ:AMZN) to $301 from $295. The firm stated that forecasts for favorable AWS revisions in 2026, fuelled by a planned doubling of compute capacity through 2027, are supported by Q4 EPS performance and management commentary. Wells Fargo selected the corporation as its top Internet pick for 2026, citing a valuation of around 25 times the 2027 GAAP price-to-earnings.

Separately, on 13, 2026, Reuters reported that Amazon.com, Inc. (NASDAQ:AMZN) had conversations with a few suppliers regarding price adjustments in response to lower U.S. tariffs on Chinese imports. The discussions came after it was reported that the company was attempting to reduce supplier prices following previous concessions related to tariffs in the United States. According to a company representative, Amazon is working with selling partners to adjust to changing circumstances while keeping costs low. The average U.S. tariff on Chinese goods was lowered from 57% to roughly 47%.

Amazon.com, Inc. (NASDAQ:AMZN) is a renowned online retailer and marketplace for third-party sellers.

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