Amazon.com, Inc. (AMZN)
NASDAQ: AMZN · Real-Time Price · USD
171.39
-6.50 (-3.65%)
At close: Sep 6, 2024, 4:00 PM
170.56
-0.83 (-0.48%)
After-hours: Sep 6, 2024, 7:59 PM EDT
Amazon Stock Forecast
Stock Price Forecast
The 42 analysts with 12-month price forecasts for Amazon stock have an average target of 219.26, with a low estimate of 145 and a high estimate of 265. The average target predicts an increase of 27.93% from the current stock price of 171.39.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Amazon stock from 42 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 28 | 27 | 27 | 27 | 24 | 24 |
| Buy | 17 | 17 | 16 | 18 | 17 | 18 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 46 | 45 | 44 | 46 | 41 | 42 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $230 | Buy | Initiates | $230 | +34.20% | Sep 5, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $230 | Buy | Initiates | $230 | +34.20% | Sep 4, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $245 → $265 | Buy | Maintains | $245 → $265 | +54.62% | Sep 3, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $232 → $225 | Buy | Maintains | $232 → $225 | +31.28% | Aug 26, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $240 → $210 | Buy | Maintains | $240 → $210 | +22.53% | Aug 6, 2024 |
Financial Forecast
Revenue This Year
647.78B
from 574.79B
Increased by 12.70%
Revenue Next Year
717.37B
from 647.78B
Increased by 10.74%
EPS This Year
4.82
from 2.90
Increased by 66.24%
EPS Next Year
5.93
from 4.82
Increased by 23.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 673.6B | 754.4B | 850.0B | ||
| Avg | 647.8B | 717.4B | 794.7B | ||
| Low | 617.2B | 671.3B | 735.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 16.5% | 18.5% | ||
| Avg | 12.7% | 10.7% | 10.8% | ||
| Low | 7.4% | 3.6% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.55 | 8.01 | 8.96 | ||
| Avg | 4.82 | 5.93 | 7.48 | ||
| Low | 4.24 | 4.78 | 5.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 91.5% | 66.2% | 50.9% | ||
| Avg | 66.2% | 23.1% | 26.2% | ||
| Low | 46.3% | -0.8% | -8.2% |
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.