Amazon Stock Forecast

Stock Price Forecast

The 45 analysts with 12-month price forecasts for Amazon stock have an average target of 205.38, with a low estimate of 140 and a high estimate of 245. The average target predicts an increase of 10.08% from the current stock price of 186.57.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$140	$205.38	$217	$245
Change	-24.96%	+10.08%	+16.31%	+31.32%

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	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24	May '24
Strong Buy	23	23	24	24	28	27
Buy	18	19	20	20	17	17
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	42	43	45	45	46	45

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rob Sanderson Loop Capital	Loop Capital	Strong Buy Maintains $215 → $225	Strong Buy	Maintains	$215 → $225	+20.60%	May 6, 2024
Jim Kelleher Argus Research	Argus Research	Strong Buy Maintains $185 → $205	Strong Buy	Maintains	$185 → $205	+9.88%	May 2, 2024
Ken Gawrelski Wells Fargo	Wells Fargo	Buy Maintains $217 → $234	Buy	Maintains	$217 → $234	+25.42%	May 1, 2024
Brian Pitz BMO Capital	BMO Capital	Buy Maintains $215 → $220	Buy	Maintains	$215 → $220	+17.92%	May 1, 2024
Rohit Kulkarni Roth MKM	Roth MKM	Strong Buy Reiterates $205 → $210	Strong Buy	Reiterates	$205 → $210	+12.56%	May 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

654.12B

from 574.79B

13.80%

from 574.79B

Revenue Next Year

729.08B

from 654.12B

11.46%

from 654.12B

EPS This Year

4.21

from 2.90

45.19%

from 2.90

EPS Next Year

5.40

from 4.21

28.26%

from 4.21

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	280.52B	386.06B	469.82B	513.98B	574.79B	654.12B	729.08B	805.16B	885.33B	977.26B
Revenue Growth	20.45%	37.62%	21.70%	9.40%	11.83%	13.80%	11.46%	10.44%	9.96%	10.38%
EPS	1.15	2.09	3.24	-0.27	2.90	4.21	5.40	6.90	9.20	11.05
EPS Growth	14.30%	81.58%	55.02%	-	-	45.19%	28.26%	27.86%	33.26%	20.07%
No. Analysts	-	-	-	-	-	59	57	28	10	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	683.2B	773.7B	862.9B	946.6B	1.0T
Avg	654.1B	729.1B	805.2B	885.3B	977.3B
Low	613.3B	668.9B	721.4B	797.1B	891.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.9%	18.3%	18.4%	17.6%	18.6%
Avg	13.8%	11.5%	10.4%	10.0%	10.4%
Low	6.7%	2.3%	-1.1%	-1.0%	0.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	5.34	7.05	9.38	11.73	14.09
Avg	4.21	5.40	6.90	9.20	11.05
Low	3.19	3.63	4.54	6.25	7.11

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	84.3%	67.5%	73.7%	69.9%	53.1%
Avg	45.2%	28.3%	27.9%	33.3%	20.1%
Low	10.2%	-13.9%	-16.0%	-9.5%	-22.7%

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.