Analysts Keep Amazon Buy Rating Despite 18% Share Drop Erasing $450B
92% of 72 analysts maintain a Buy rating with a 1-year median upside of 39.17%, despite an 18% share decline between February 2–13 that cut $450 billion from market cap. The slide reflects investor concern over Amazon’s planned $200 billion AI and robotics spending in 2026.
1. Share Depreciation and Market Impact
Between February 2 and February 13, Amazon shares fell 18%, one of its longest losing streaks since 1997, erasing $450 billion in market capitalization. The drop was driven by mounting investor unease over the scale and timing of the company’s spending plans.
2. Analyst Ratings Remain Bullish
Despite the sharp decline, 92% of 72 covering analysts maintain Buy ratings on Amazon, projecting a 1-year median upside of 39.17%. Several firms reiterated that Amazon’s market leadership in e-commerce and cloud computing underpins long-term growth.
3. AI and Robotics Investment Scrutiny
Amazon plans to invest $200 billion in AI and robotics in 2026, a strategy that has sparked debate over near-term profit pressure versus future competitive advantage. Analysts who remain positive argue the spending is necessary to sustain AWS leadership and automate fulfillment operations.