Amazon.com, Inc. (AMZN)
NASDAQ: AMZN · IEX Real-Time Price · USD
183.13
-0.62 (-0.34%)
At close: Jul 19, 2024, 4:00 PM
182.80
-0.33 (-0.18%)
After-hours: Jul 19, 2024, 7:59 PM EDT
Amazon Stock Forecast
Stock Price Forecast
The 45 analysts with 12-month price forecasts for Amazon stock have an average target of 211.8, with a low estimate of 140 and a high estimate of 250. The average target predicts an increase of 15.66% from the current stock price of 183.13.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Amazon stock from 45 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 25 | 25 | 28 | 27 | 27 | 27 |
| Buy | 20 | 20 | 17 | 17 | 16 | 17 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 46 | 46 | 46 | 45 | 44 | 45 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $205 → $210 | Strong Buy | Maintains | $205 → $210 | +14.67% | Jul 17, 2024 |
| Barclays | Barclays | Buy Maintains $230 → $220 | Buy | Maintains | $230 → $220 | +20.13% | Jul 16, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +9.21% | Jul 16, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates $250 | Buy | Initiates | $250 | +36.52% | Jul 16, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $225 → $245 | Strong Buy | Maintains | $225 → $245 | +33.78% | Jul 10, 2024 |
Financial Forecast
Revenue This Year
651.01B
from 574.79B
Increased by 13.26%
Revenue Next Year
722.86B
from 651.01B
Increased by 11.04%
EPS This Year
4.63
from 2.90
Increased by 59.61%
EPS Next Year
5.88
from 4.63
Increased by 27.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 680.7B | 761.1B | 850.4B | 946.6B | 1.0T |
| Avg | 651.0B | 722.9B | 801.7B | 884.7B | 976.2B |
| Low | 617.5B | 654.3B | 743.4B | 797.1B | 891.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.4% | 16.9% | 17.6% | 18.1% | 18.7% |
| Avg | 13.3% | 11.0% | 10.9% | 10.4% | 10.3% |
| Low | 7.4% | 0.5% | 2.8% | -0.6% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.68 | 6.93 | 8.64 | 11.73 | 14.09 |
| Avg | 4.63 | 5.88 | 7.53 | 8.98 | 10.55 |
| Low | 3.67 | 4.78 | 5.52 | 6.25 | 7.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 95.9% | 49.7% | 47.0% | 55.7% | 56.9% |
| Avg | 59.6% | 27.0% | 28.1% | 19.2% | 17.4% |
| Low | 26.4% | 3.3% | -6.2% | -17.0% | -20.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.