Amazon Stock Forecast

Stock Price Forecast

The 46 analysts with 12-month price forecasts for Amazon stock have an average target of 189.85, with a low estimate of 123 and a high estimate of 235. The average target predicts an increase of 5.38% from the current stock price of 180.16.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$123	$189.85	$198	$235
Change	-31.73%	+5.38%	+9.90%	+30.44%

Analyst Ratings

The average analyst rating for Amazon stock from 46 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	23	23	23	24	24	26
Buy	19	18	19	20	20	19
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	43	42	43	45	45	46

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Laura Martin Needham	Needham	Strong Buy Reiterates $205	Strong Buy	Reiterates	$205	+13.79%	Apr 18, 2024
Tom Forte Maxim Group	Maxim Group	Strong Buy Initiates $218	Strong Buy	Initiates	$218	+21.00%	Apr 17, 2024
Youssef Squali Truist Securities	Truist Securities	Strong Buy Maintains $195 → $216	Strong Buy	Maintains	$195 → $216	+19.89%	Apr 17, 2024
Rohit Kulkarni Roth MKM	Roth MKM	Strong Buy Maintains $205	Strong Buy	Maintains	$205	+13.79%	Apr 16, 2024
Mark Kelley Stifel	Stifel	Strong Buy Maintains $200 → $224	Strong Buy	Maintains	$200 → $224	+24.33%	Apr 16, 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	899.81B	1,002.87B
Revenue Growth	20.45%	37.62%	21.70%	9.40%	11.83%	13.80%	11.46%	10.44%	11.75%	11.45%
EPS	1.15	2.09	3.24	-0.27	2.90	4.21	5.40	6.90	7.57	9.25
EPS Growth	14.30%	81.58%	55.02%	-	-	45.19%	28.26%	27.86%	9.65%	22.14%
No. Analysts	-	-	-	-	-	59	57	28	9	8

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	991.1B	1.1T
Avg	654.1B	729.1B	805.2B	899.8B	1.0T
Low	613.3B	668.9B	721.4B	778.7B	840.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.9%	18.3%	18.4%	23.1%	25.6%
Avg	13.8%	11.5%	10.4%	11.8%	11.5%
Low	6.7%	2.3%	-1.1%	-3.3%	-6.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	5.34	7.05	9.38	9.42	12.85
Avg	4.21	5.40	6.90	7.57	9.25
Low	3.19	3.63	4.54	4.89	5.73

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	84.3%	67.5%	73.7%	36.4%	69.7%
Avg	45.2%	28.3%	27.9%	9.7%	22.1%
Low	10.2%	-13.9%	-16.0%	-29.2%	-24.3%

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.