Amazon's stock price prediction model shows 61% potential upside from current levels, with a five-year price target of $338 per share, primarily driven by CEO Andy Jassy significantly raising AWS performance expectations. Jassy currently forecasts that AWS annual revenues could reach at least $600 billion due to surging artificial intelligence demand, double the previous expectation of $300 billion. The $338 price target is based on 2030 revenue projections of $1.15 trillion, with AWS growing at approximately 17% annually to $282 billion, while other business segments contribute $864 billion.

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