Amazon's stock edges higher—but can this rally last?
Amazon's stock is showing signs of recovery after a difficult period. The shares have climbed from below $200 to $205.57 on the Nasdaq, but analysts remain cautious. The company now faces a key moment as investors watch for signals of a lasting turnaround.
The $200 mark has become a strong support level for Amazon's stock. Recent gains have pushed the price above this threshold, yet resistance remains near the price gaps from February 5 and 6. A break above these levels, combined with a move past the 200-day moving average, would suggest a more stable upward trend.
Heavy spending on projects like cloud infrastructure is creating uncertainty. Partners such as Anthropic are committing large sums to Amazon's services, but the returns on these investments are still unclear. Despite this, major investors are increasing their stakes in the company.
Amazon's long-term growth remains striking. Since its 1997 IPO, the stock has surged roughly 63,200%, and its current market value stands at $2.159 trillion as of February 2026.
The next phase for Amazon's stock depends on overcoming key resistance points. If the shares close above the February gaps and the 200-day average, confidence in a recovery could grow. For now, the balance between investment risks and investor optimism will shape the company's market performance.
