Amazon (NASDAQ: AMZN) trades at approximately $205 per share as of February 2026. The stock reached an all-time closing high of $254 in November 2025 before pulling back nearly 20%. Amazon's market capitalization sits around $2.16 trillion, ranking it among the world's most valuable companies alongside Apple.
Wall Street analysts remain bullish on Amazon heading into 2026. Out of 44 analysts covering the stock, the consensus rating is "Strong Buy" with an average 12-month price target of roughly $280, about 37% above the current price. The most optimistic targets reach $325, while the lowest sits near $175. JPMorgan, BMO, and Evercore ISI have each named Amazon a "top pick" for 2026, citing accelerating AWS growth driven by AI workloads, a maturing advertising business, and improving retail margins. The stock trades at about 32 times forward earnings.
Jul 1994
Jeff Bezos invested roughly $10,000 of personal savings to incorporate Amazon. His parents, Mike and Jackie Bezos, contributed approximately $245,000 in seed capital.
1995
Bezos raised about $1 million from 22 angel investors, each putting in around $50,000 for roughly 1% equity stakes. Tom Alberg, a Seattle venture capitalist, was among the earliest backers.
Jun 1996
Kleiner Perkins Caufield & Byers led an $8 million Series A round, valuing Amazon at $60 million. Partner John Doerr joined the board as part of the deal.
May 1997
Amazon went public on NASDAQ at $18 per share, raising $54 million. The IPO valued the company at $438 million. Morgan Stanley and Deutsche Bank underwrote the offering.
1998
Amazon raised $326 million through a high-yield bond offering to fund warehouse expansion and category growth beyond books into music, DVDs, and electronics.
2003
AOL led a post-IPO equity round as Amazon weathered the dot-com bust. The investment supported continued operations during a period of tech-market instability.
Apr 2023
Amazon secured an $8 billion revolving credit facility with Toronto Dominion as lead agent, joined by DBS Bank and Mizuho, to fund corporate operations and AI infrastructure.
