Agentic AI will drive substantial growth for $AMZN e-commerce.
Data actually validates it.
Online stores sales growth have accelerated every year since ChatGPT’s release in late 2022.
People are buying products that they didn’t even know existed thanks to AI.
Evercore raises $AMZN to $355 after finding the first evidence agentic AI is additive to retail with 57% of Alexa AI users buying products they previously didn’t know about.
Agentic AI is starting to create new purchase intent rather than just converting existing demand.