Morgan Stanley raises Amazon target price to 350 USD; Hyperliquid sees approximately 3840000 USD AMZN in new long positions
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AT A GLANCE
As Morgan Stanley raised Amazon's target price, accounts opened approximately 3836800 USD AMZN in perpetual-contract long positions.
Article
Morgan Stanley raises Amazon target price and names it a top pick; whales open new long positions simultaneously 3840000 USD Long positions
BlockBeats reports that October 20, Morgan Stanley analyst Brian Nowak raised Amazon's (AMZN) target price from 335 USD to 350 USD, maintained an "Overweight" rating, and named it a top pick within its coverage universe. The institution believes that AWS's growth potential and profit upside have not yet been fully recognized, and expects its 2027 and 2028 revenue to grow by 47%and 42%, respectively, while forecasting Amazon's 2028 earnings per share at approximately 16.50 USD. All of the above figures are institutional forecasts.
According to TradingBeats monitoring, as of publication, the AMZN perpetual contract on Hyperliquid was quoted at 263.36 USD, up approximately 24 over the past 4.01%hours, with trading volume of approximately 26170000 USD. During the same period, the notional value of open interest increased by approximately 3280000 USD, an increase of 12.53%; after excluding price changes, the estimated number of positions still grew by approximately 8.16%.
Against this backdrop, at least whales opened new long positions worth millions of USD. One account purchased 22: 47 contracts on 4641.043, with transaction value of approximately 1212900 USD at an average price of 261.337 USD（0x30af); another account purchased 23: 06 to 23: 17 contracts, with transaction value of approximately 10000 at an average price of 2623900 USD on 262.389 USD（0xcb58).
The new long positions totaled approximately 3836800 USD in transactions, with a weighted average entry price of approximately 262.06 USD.
Original link https://m.theblockbeats.info/flash/372690
Key points
01
According to BlockBeats,October 20, Morgan Stanley analyst Brian Nowak raised Amazon's target price from 335 USD to 350 USD, maintained an "Overweight" rating, and named it a top pick within its coverage universe.
02
Morgan Stanley expects Amazon's 2027 and 2028 revenue to grow by 47%and 42%, respectively, and forecasts its 2028 earnings per share at approximately 16.50 USD; all figures are institutional forecasts.
03
According to TradingBeats monitoring, as of publication, the AMZN perpetual contract on Hyperliquid was quoted at 263.36 USD, up approximately 24 over the past 4.01%hours, with trading volume of approximately 26170000 USD。
04
During the same period, the notional value of open interest increased by approximately 3280000 USD, an increase of 12.53%; after excluding price changes, the estimated number of positions grew by approximately 8.16%。
05
Account 0x30af purchased 22: 47 contracts on 4641.043, with transaction value of approximately 1212900 USD and an average price of 261.337 USD。
06
Account 0xcb58 purchased 23: 06 to 23: 17 contracts, with transaction value of approximately 10000 and an average price of 2623900 USD on 262.389 USD。
07
The new long positions totaled approximately 3836800 USD in transactions, with a weighted average entry price of approximately 262.06 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A target price is an analyst's assessment of a stock's future price, not a guarantee. A perpetual contract is a derivative with no fixed expiration date; a "long position" means an account is betting on a price increase. The report shows that the analyst made a relatively positive assessment while accounts established relatively large AMZN perpetual-contract long positions.
Why it matters to readers
The rating and target-price increase, along with newly added large long positions, may reflect positive market expectations; however, neither institutional forecasts nor derivatives-account activity can prove that AMZN will necessarily rise afterward.
Beginners can treat this news as an observation cue for market sentiment and changes in large positions, rather than as a direct basis for buying; they should distinguish between institutional forecasts, contract prices, and Amazon stock itself.
Risks and unknowns
The original article does not provide Morgan Stanley's original research report, so the rating, target price, and forecast data cannot be independently verified on that basis.
The trading data come from TradingBeats monitoring, and the original article does not provide complete transaction details that can be independently verified.
The original article does not confirm the identities of the holders of the accounts; therefore, "whales" is only a description of large accounts.
The revenue-growth and earnings-per-share figures are institutional forecasts, and actual results remain uncertain.
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The original article does not state whether the accounts subsequently continued holding, increased, or closed their positions.
Related concepts
Target price
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
