Amazon.com, Inc. (AMZN)
NASDAQ: AMZN · IEX Real-Time Price · USD
200.00
+2.80 (1.42%)
At close: Jul 2, 2024, 4:00 PM
200.02
+0.02 (0.01%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Amazon Stock Forecast
Stock Price Forecast
The 43 analysts with 12-month price forecasts for Amazon stock have an average target of 208.98, with a low estimate of 140 and a high estimate of 245. The average target predicts an increase of 4.49% from the current stock price of 200.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Amazon stock from 44 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 23 | 25 | 25 | 28 | 27 | 27 |
| Buy | 19 | 20 | 20 | 17 | 17 | 16 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 43 | 46 | 46 | 46 | 45 | 44 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $234 → $239 | Buy | Maintains | $234 → $239 | +19.50% | Jun 28, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $210 → $220 | Strong Buy | Maintains | $210 → $220 | +10.00% | Jun 26, 2024 |
| Baird | Baird | Buy Maintains $210 → $213 | Buy | Maintains | $210 → $213 | +6.50% | Jun 21, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $210 → $245 | Strong Buy | Maintains | $210 → $245 | +22.50% | May 30, 2024 |
| Needham | Needham | Strong Buy Reiterates n/a | Strong Buy | Reiterates | n/a | n/a | May 15, 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.