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Analyst Backs Amazon AI

B
Benzinga

195 Views • Apr 08, 2026

Description

BNP Paribas analyst Nick Jones called Amazon's AI spending concerns "overdone," maintaining an Outperform rating with 50% upside as AWS backlog growth accelerates. Amazon plans $200B in capex by 2026, with revenue per employee surging from $319,600 in FY2022 to ~$455,000 in FY2025.

Keywords & Tags

#amazon #investing #NASDAQ #AI #AWS #capex #datacenters #TechStocks #CloudComputing #BNPParibas

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