Amazon.com, Inc. (AMZN)
NASDAQ: AMZN · Real-Time Price · USD
221.59
-2.16 (-0.97%)
Dec 30, 2024, 1:06 PM EST - Market open
Amazon Stock Forecast
Stock Price Forecast
The 43 analysts with 12-month price forecasts for Amazon stock have an average target of 243.91, with a low estimate of 197 and a high estimate of 290. The average target predicts an increase of 10.07% from the current stock price of 221.59.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Amazon stock from 43 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 27 | 24 | 24 | 23 | 24 | 23 |
| Buy | 18 | 17 | 17 | 17 | 17 | 19 |
| Hold | 1 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 46 | 41 | 41 | 41 | 42 | 43 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Tigress Financial | Tigress Financial | Strong Buy Maintains $245 → $290 | Strong Buy | Maintains | $245 → $290 | +30.87% | Dec 20, 2024 |
| Bernstein | Bernstein | Buy Maintains $235 → $265 | Buy | Maintains | $235 → $265 | +19.59% | Dec 18, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $250 → $280 | Buy | Maintains | $250 → $280 | +26.36% | Dec 18, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $285 | Buy | Reiterates | $285 | +28.62% | Dec 16, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $235 → $275 | Strong Buy | Maintains | $235 → $275 | +24.10% | Dec 16, 2024 |
Financial Forecast
Revenue This Year
650.32B
from 574.79B
Increased by 13.14%
Revenue Next Year
720.34B
from 650.32B
Increased by 10.77%
EPS This Year
5.24
from 2.90
Increased by 80.57%
EPS Next Year
6.31
from 5.24
Increased by 20.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 676.0B | 756.4B | 849.9B | |||
| Avg | 650.3B | 720.3B | 797.1B | |||
| Low | 621.3B | 674.6B | 741.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.6% | 16.3% | 18.0% | |||
| Avg | 13.1% | 10.8% | 10.7% | |||
| Low | 8.1% | 3.7% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.76 | 7.21 | 9.01 | |||
| Avg | 5.24 | 6.31 | 7.73 | |||
| Low | 4.36 | 5.39 | 5.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 98.8% | 37.6% | 42.8% | |||
| Avg | 80.6% | 20.5% | 22.5% | |||
| Low | 50.4% | 2.9% | -14.0% |
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.