Amazon.com, Inc. (AMZN)
NASDAQ: AMZN · Real-Time Price · USD
202.88
-1.73 (-0.85%)
At close: Nov 20, 2024, 4:00 PM
203.01
+0.13 (0.06%)
Pre-market: Nov 21, 2024, 5:21 AM EST
Amazon Stock Forecast
Stock Price Forecast
The 41 analysts with 12-month price forecasts for Amazon stock have an average target of 236.17, with a low estimate of 197 and a high estimate of 285. The average target predicts an increase of 16.41% from the current stock price of 202.88.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Amazon stock from 41 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 27 | 27 | 24 | 24 | 23 | 23 |
| Buy | 16 | 18 | 17 | 17 | 17 | 17 |
| Hold | 1 | 1 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 44 | 46 | 41 | 41 | 41 | 41 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $197 | Hold | Maintains | $197 | -2.90% | Nov 20, 2024 |
| Needham | Needham | Strong Buy Maintains $210 → $250 | Strong Buy | Maintains | $210 → $250 | +23.23% | Nov 14, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $225 → $275 | Strong Buy | Maintains | $225 → $275 | +35.55% | Nov 6, 2024 |
| Needham | Needham | Strong Buy Reiterates $210 | Strong Buy | Reiterates | $210 | +3.51% | Nov 6, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $210 → $230 | Buy | Maintains | $210 → $230 | +13.37% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
650.32B
from 574.79B
Increased by 13.14%
Revenue Next Year
720.33B
from 650.32B
Increased by 10.77%
EPS This Year
5.25
from 2.90
Increased by 80.87%
EPS Next Year
6.27
from 5.25
Increased by 19.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 676.0B | 756.4B | 849.9B | ||
| Avg | 650.3B | 720.3B | 797.0B | ||
| Low | 622.5B | 674.6B | 741.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.6% | 16.3% | 18.0% | ||
| Avg | 13.1% | 10.8% | 10.6% | ||
| Low | 8.3% | 3.7% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.76 | 7.20 | 9.16 | ||
| Avg | 5.25 | 6.27 | 7.68 | ||
| Low | 4.64 | 5.39 | 5.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 98.8% | 37.3% | 46.1% | ||
| Avg | 80.9% | 19.5% | 22.6% | ||
| Low | 60.0% | 2.8% | -13.4% |
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.