What is the outlook for Amazon stock price?
The average price target for Amazon is $224.24. This is based on 44 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $250.00 ,the lowest forecast is $200.00. The average price target represents 19.47% Increase from the current price of $187.69.
The current consensus 1 year price target for Amazon stock is $218.23, which is 15.57% upside from today's stock price of $188.82. Of all the analysts covering Amazon, the stock is a consensus buy, with a 1.32 “Buy” rating. 24/7 Wall Street's 12 month forecast projects Amazon's stock price to be $225.
Consensus projections see Amazon's posting adjusted earnings of $4.57 per share for the December 2024 fiscal year, according to FactSet. That would mark a 57% increase from 2023. Amazon's earnings climbed to $2.90 per share for fiscal year 2023, compared to a loss of 27 cents per share in 2022.
Forecasters predict that Amazon will reach $200 per share a year from now and will continue to rise to $250 per share at the end of 2026. In 2027, the prediction is for a price of $300, and $250 by the end of 2028. Much of Amazon's future success, like that of many tech companies, will depend on the trajectory of AI.
| High | $353.00 |
|---|---|
| Median | $220.00 |
| Low | $180.00 |
| Average | $224.90 |
| Current Price | $186.41 |
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 240.81 | 28.45% |
| 2026 | $ 309.32 | 64.99% |
| 2027 | $ 397.32 | 111.94% |
| 2028 | $ 510.36 | 172.23% |
| Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
|---|---|---|
| ServiceNow (NOW) | 1.49 | Strong Buy |
| Assurant (AIZ) | 1.50 | Strong Buy |
| Howmet Aerospace (HWM) | 1.50 | Strong Buy |
| Insulet (PODD) | 1.50 | Strong Buy |
Amazon stock forecast 2025
Amazon's revenue could be as high as $821.5 billion in 2025, compared to $574.8 billion in 2023. Amazon stock increased more than 40% year over year as of June 5, 2024.
Amazon has 24.08% upside potential, based on the analysts' average price target. Amazon has a consensus rating of Strong Buy which is based on 44 buy ratings, 0 hold ratings and 0 sell ratings. The average price target for Amazon is $224.37.
No. Amazon (AMZN) isn't expected to split its stock in 2024 because it only went through this process two years ago. Amazon's last stock split happened in June 2022. However, stock market analysts believe it could be a possibility over the longer term if the company's share price continues to rise.
Is Amazon a good stock to hold forever?
Amazon (NASDAQ:AMZN) has proven to be a buy-and-hold-forever investment, and there's plenty of historical data and performance metrics to back up this claim. Since its initial public offering (IPO) in 1997, Amazon's stock has skyrocketed. Adjusted for splits, the stock debuted at around US$1.50 per share.
Analysts at Coin Price Forecast do offer a 2034 projection for Amazon stock, estimating a 10-year price increase of 276%, to $672 per share.
Amazon stock price stood at $180.83
According to the latest long-term forecast, Amazon price will hit $200 by the end of 2024 and then $250 by the middle of 2026. Amazon will rise to $300 within the year of 2027, $350 in 2028, $400 in 2029, $450 in 2030, $500 in 2031 and $600 in 2035.
| Year | Price Target | % Change From Current Price |
|---|---|---|
| 2024 | $226.50 | Upside of 24.65% |
| 2025 | $287.00 | Upside of 57.94% |
| 2026 | $371.00 | Upside of 104.17% |
| 2027 | $308.00 | Upside of 69.50% |
Bezos is Amazon's largest shareholder, but institutional investors own nearly 63% of Amazon's shares. Here's a look at the institutions and individuals that are Amazon's largest shareholders as of Dec. 31, 2023.
Historical daily share price chart and data for Amazon since 1997 adjusted for splits and dividends. The latest closing stock price for Amazon as of July 23, 2024 is 186.41. The all-time high Amazon stock closing price was 200.00 on July 05, 2024.
Amazon (Nasdaq: AMZN) closed Friday at $200.00 per share. That's an incredible rebound considering Amazon's stock traded for as low as $81.43 in just January 2023.
| Year | Price Target | % Change From Current Price |
|---|---|---|
| 2026 | $371.00 | Upside of 102.95% |
| 2027 | $308.00 | Upside of 68.49% |
| 2028 | $361.90 | Upside of 97.98% |
| 2029 | $430.50 | Upside of 135.50% |
Amazon is the only company in the S&P 500 with a trillion-dollar market capitalization that doesn't pay a dividend. Microsoft, Apple, Alphabet, and Meta Platforms all pay.
| Name | Sub-Sector | Close Price (Rs.) |
|---|---|---|
| Central Depository Services (India) Ltd | Stock Exchanges & Ratings | 2,387.00 |
| Aptus Value Housing Finance India Ltd | Home Financing | 337.00 |
| SJVN Ltd | Renewable Energy | 131.00 |
| Sun Tv Network Ltd | TV Channels & Broadcasters | 783.90 |
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- Largest Market Cap Companies.
- Market Research.
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With its 3-star rating, we believe Amazon's stock is fairly valued compared with our long-term fair value estimate of $193 per share, which implies a 2024 enterprise value to sales multiple of 3 times and a 2% free cash flow yield.
Amazon is the clear leader in e-commerce and enjoys unrivaled scale to continue to invest in growth opportunities and drive the very best customer experience. High-margin advertising and AWS are growing faster than the corporate average, which should continue to boost profitability over the next several years.
When you run out of stock, Amazon will automatically remove your listing, marking it as “inactive”. And when you don't have an active listing, you can't sell!
