Algorithmic Forecast Projects Amazon Stock to Reach $1,000 by 2036

An algorithmic model from CoinCodex suggests Amazon (AMZN) stock could reach $1,000 by 2036, a projection significantly higher than the average 12-month target of $332.45 from Wall Street analysts. Currently trading near $249.67 with a market cap of approximately $2.69 trillion, Amazon faces high capital expenditure requirements, with CEO Andy Jassy projecting $220 billion in cash capex for 2026 to address ongoing capacity demands.