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24/7 Wall St.

Price Prediction: Amazon Stock Will Hit $400 on This Date

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Price Prediction: Amazon Stock Will Hit $400 on This Date
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An “Amazon stock price prediction” claims the company’s shares will close above $400 by September 28, 2028. The first major checkpoint is Amazon’s Q3 2026 earnings report, scheduled for October 28, 2026 after the market close. The post says Amazon shares traded at $246.29 that morning, implying a 62.4% gain to reach the target. In the base case, the model projects $400.85 on the 2028 date. It points to AWS momentum—Q2 AWS revenue of $42.2 billion (+36.7% year over year) and a $496 billion backlog—plus faster profit growth than sales.

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