Amazon's (AMZN) R&D lab sets up new agentic AI group
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June 5, 2025 4:06 PM EDT
Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and $250.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "Next Stages of (Optimus) Prime Revealed: Unconfirmed media reports indicate that AMZN is developing software for humanoid robots that could eventually be deployed in AMZNs delivery operations (see here). As part of a reported project, AMZN is creating a humanoid park closed course environment in which it will test the humanoid robots before eventually planning to test them on real streets. According to the reports, AMZN plans to use hardware from other firms,... More
June 5, 2025 4:46 AM EDT
Barclays analyst Ross Sandler reiterated an Overweight rating and $240.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "The Key Take-Away: It shouldn't come as a major surprise that Kuiper is running behind, as these satellite launches were fairly well telegraphed... More
