Amazon signs 20-year nuclear deal. Goldman targets Amazon.com stock at USD 375
Published on 10/05/2026 at 10:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Amazon.com Inc. (ISIN US0231351067) stock was trading at EUR 224.25 at Lang & Schwarz on October 5, 2026 at 10:11 a.m. CEST, up 0.54 percent versus the prior close of EUR 223.05. According to CNBC on October 2, 2026, Goldman Sachs added Amazon to its October conviction list and set a USD 375 price target. Amazon also agreed to a 20-year nuclear power partnership with Constellation Energy, according to FinanzNachrichten.de on October 1, 2026.
AI power becomes a strategic input
The agreement links Amazon's artificial intelligence expansion to long-term electricity supply. The report says Amazon will receive 690 megawatts from the Calvert Cliffs nuclear plant in Maryland, backed by more than USD 3.0 billion of investment.
The deal addresses a concrete operating constraint for AWS and data-center growth. It also adds a capital-intensive commitment as Amazon expands computing capacity for cloud customers and internal AI services.
Second-quarter growth supports the target
According to Yahoo Finance on September 29, 2026, revenue in the second quarter of 2026 rose 19.60 percent year over year to USD 200.61 billion. Operating income increased 43.20 percent to USD 27.46 billion, showing that profit growth outpaced sales growth in the reported quarter.
The same report said AWS grew 37.00 percent in the second quarter of 2026 and posted a 39.40 percent operating margin. That combination explains why Goldman Sachs is emphasizing both structural cloud demand and margin expansion rather than retail growth alone.
Price target meets heavy investment
Goldman Sachs' USD 375 target is 49.09 percent above the USD 251.52 Nasdaq close on October 2, 2026. The comparison uses the same currency and shows the scale of the analyst case, while Amazon's capital spending remains the main counterweight.
Amazon.com stock had a USD 196.00 to USD 287.20 52-week range at the October 2 Nasdaq close. Market capitalization stood at USD 2.7 trillion on that date, giving the company substantial scale but also making the conversion of AI spending into cash flow important for the next results cycle.
Amazon.com stock stays in trading
Amazon.com stock was trading at EUR 224.25 at Lang & Schwarz on October 5, 2026 at 10:11 a.m. CEST, up 0.54 percent versus the prior close of EUR 223.05. On the Nasdaq, the stock closed at USD 251.52 on October 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of Amazon.com stock.
Amazon.com stock facts
- Company: Amazon.com, Inc.
- ISIN: US0231351067
- Ticker: AMZN
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 5, 2026, 10:11 a.m. CEST): EUR 224.25
- Change versus prior close: plus 0.54 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 223.05
- Market capitalization: USD 2.7 trillion (as of October 2, 2026)
- 52-week range: USD 196.00-287.20 (as of October 2, 2026)
- Sector / Industry: Consumer Cyclical / Internet Retail
