New

Wall Street Agrees On Amazon And Can’t Agree On Tesla. The Targets Show Why

The post Wall Street Agrees on Amazon and Can’t Agree on Tesla. The Targets Show Why appeared first on 24/7 Wall St..

Wall Street analysts have reached a consensus on one of these mega-caps and remain split on the other.

Amazon (NASDAQ:AMZN) carries 16 Strong Buy, 43 Buy and 2 Hold ratings, with zero Sells. Tesla (NASDAQ:TSLA) has 4 Strong Buy, 15 Buy, 21 Hold, 2 Sell and 2 Strong Sell.

Amazon’s 24/7 Wall St. price target is $332.67. Tesla’s target from 24/7 Wall St. stands at $405.69.

24/7 Wall St.

24/7 Wall St. Price Target Summary

Metric	Amazon	Tesla
Current Price	$258.58	$375.23
The 24/7 Wall St. price target	$332.67	$405.69
Upside	28.65%	8.12%
Recommendation	BUY	BUY
Confidence Level	70%	90%

Our model rates both stocks buy, with very different upside. Amazon’s larger upside comes with moderate confidence because it leans heavily on the analyst consensus target of $331.20.

Tesla’s lower upside is a high-confidence call because its valuation inputs line up closely with analysts’ $397.83 consensus.

AWS Is Accelerating While Tesla’s Margins Shrink

Amazon is up 1.83% over the past week, 1.63% over the past month and 13.06% year to date. Its 52-week range goes from $196 to $287.20.

Second-quarter revenue rose 19.6% to $200.61 billion. AWS grew 37%, its fastest pace in 18 quarters, and advertising climbed 26%. GAAP EPS of $5.75 included a $53.4 billion gain on Amazon’s Anthropic stake.

Tesla is down 16.6% year to date and stands 20% below its $498.83 52-week high. Revenue of $28.24 billion exceeded estimates, but EPS of $0.33 missed the $0.54 consensus as operating margin fell to 1.4%. Ahead of Tesla’s next earnings report, Morningstar is reassessing whether the stock is fairly valued.

Why Bulls Expect Breakouts in Both Stocks

AWS reported a backlog of $496 billion. Its chief executive said AWS could “very possibly be a trillion dollar annual revenue business”. Amazon’s AI and chips businesses each run above $25 billion annually. Amazon’s bull case stands at $383.54.

Tesla has 1.48 million active FSD subscriptions, up 56%. Its Robotaxi fleet logged 380,000 unsupervised miles with “zero notable incidents,” and Cybercab production has started in Texas. Tesla’s bull case stands at $467.45. Price targets from individual firms were not available.

Capex Bills and Valuation Strain Are the Key Risks

Amazon’s trailing free cash flow fell to -$7.6 billion after $54.2 billion of second-quarter capex. Management said most of its 2027 capacity is already reserved, which suggests customer demand is supporting that spending. Our bear case is $285.79.

Tesla trades at a 391x trailing P/E, and free cash flow came in at -$1.09 billion. Management also expects 2026 capex above $25 billion.

On the other side, Tesla holds net cash, and its automotive margins excluding credits would have been approximately flat after adjusting for one-time benefits in the first quarter. Our bear case is $364.28.

Walmart and GM Show What Each Valuation Assumes

Walmart (NASDAQ:WMT) competes with Amazon in retail, advertising and membership. It trades at 41x trailing earnings, above Amazon’s 36x, and its advertising revenue grew 38%. Amazon’s lower multiple comes with AWS on top of retail, which makes the 24/7 Wall St. target look reasonable.

General Motors (NYSE:GM) shows what the market pays for car profits alone. GM trades at 27x, beat consensus with Q2 adjusted EPS of $3.57, and raised its 2026 guidance to $12 to $14. Tesla’s premium therefore depends almost entirely on autonomy, which supports our modest upside call.

Company	Trailing P/E	Key Metric
Amazon	36x	AWS growth 37%
Walmart	41x	Ad growth 38%
Tesla	391x	Operating margin 1.4%
GM	27x	Q2 adj. EPS $3.57

Amazon Has the Clearer Path to Upside

Our model rates both stocks buy. For Amazon, I see 28.65% upside with 70% confidence. For Tesla, I see 8.12% upside with 90% confidence. Amazon wins on growth you can see in reported results.

My view on Amazon holds as long as AWS demand continues covering capex. Tesla needs to show margins recovering in its upcoming earnings report. Amazon’s growth is already reported, while Tesla’s still depends on performance.

Amazon and Tesla Price Prediction 2026-2030

Year	Amazon	Tesla
2026	$276.33	$392.50
2027	$332.67	$405.69
2028	$389.65	$425.04
2029	$438.62	$452.37
2030	$506.28	$481.45

Tesla’s figures for 2028 through 2030 extend our base case’s 6.43% annualized return.

All of these projections assume each company continues performing as it does today. AI capex returns, Robotaxi regulation and Optimus expansion could move them sharply in either direction.

Got $1,000? Before You Buy AMZN, Read This

If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today. And AMZN wasn’t one of them.

They combed the entire market. It's not 10 ideas, not 10 stocks everyone is talking about, it's what their research points to as the 10 best stocks to buy right now, and it's free. Read more here and see which stocks made the list –>>