Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
 Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024))
FAQs
Amazon (AMZN) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Amazon is $212.36. This is based on 42 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $230.00 ,the lowest forecast is $198.00. The average price target represents 18.35% Increase from the current price of $179.43.
What is the target price analysts are predicting for Amazon stock? ›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 8.72% from the current stock price of 174.63.
As of April 19, 2024, the consensus Amazon stock rating from 45 analysts compiled by MarketBeat was a 'Buy'. According to the latest analyst's price targets, the AMZN stock could reach $202.80 by April 2025.
Is Amazon a strong buy now? ›Amazon is a cash rich company and managed to produce more than $10 billion in net income during the quarter and more than $30 billion during 2023 overall. Long story short, Amazon is a strong buy in large part due to its fundamental strength.
What is Amazon stock price forecast for 2024? ›Its Street-high target price of $230 implies an upside of 27.2% over the next 12 months. Analysts are overwhelmingly bullish on Amazon, and multiple brokerages listed it as a top pick for 2024. It has a consensus rating of “Strong Buy,” and is the highest-rated stock among the Magnificent 7.
Is Amazon stock bullish or bearish? ›| Indicator | Level | Indication |
|---|---|---|
| RSI(14) | 39.1 | Bearish |
| MACD(12,26,9) | 1.21 | Bullish |
| Stochastic(20,3) | 7.51 | Oversold |
| ROC(20) | -1.96 | Bearish |
Are Price Targets Accurate? Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.
What will Amazon be worth in 2030? ›If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year.
What is Amazon stock price prediction for 2027? ›Amazon stock price stood at $183.32
According to the latest long-term forecast, Amazon price will hit $200 by the middle of 2024 and then $250 by the middle of 2025. Amazon will rise to $300 within the year of 2026, $400 in 2027, $450 in 2028, $500 in 2029, $600 in 2031 and $700 in 2034.
Amazon price prediction key takeaways:
A more realistic projection, based on the historical yearly average of the S&P 500, suggests a price of $1,052 by 2040 and $3,023 by 2050 (which would be a +1,627% increase compared to current rates).
Is Amazon a good stock to hold forever? ›
Amazon. Amazon and Apple have the cash and customer appeal to stick around forever. One of the best investments you can make is to buy shares of a financially strong company that makes products millions of people use every day. Amazon (AMZN -2.56%) and Apple (AAPL -1.22%) are two such companies that come first to mind.
Is Amazon a good or bad stock? ›Of the 63 Amazon stock analysts following the company, 95% hold a buy rating, according to FactSet. Further, FactSet data shows those analysts have, on average, set a 12-month price target of 211 for Amazon stock, according to FactSet. That implies roughly 15% upside from Amazon's opening price April 17.
Is Amazon a good buy for long term? ›Amazon's annual revenue and operating income have more than doubled over the last five years. The company will likely profit from the tailwinds of e-commerce and the cloud market for years. Earnings per share estimates indicate a 66% upside for Amazon's shares over the next two years.
How high is Amazon stock expected to go? ›The average price target for Amazon is $212.36. This is based on 42 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $230.00 ,the lowest forecast is $198.00. The average price target represents 18.35% Increase from the current price of $179.43.
Is Amazon a buy or sell? ›Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 97 buy ratings, 3 hold ratings, and 0 sell ratings. What was the 52-week low for Amazon stock? The low in the last 52 weeks of Amazon stock was 101.13.
Will Amazon ever pay a dividend? ›Alphabet, Amazon likely to follow Meta by introducing first-ever dividends in 2024 | Morningstar.
What is the future price prediction for Amazon stock? ›The consensus AMZN stock forecast for the next 12 months stood at $136.86 a share. Meanwhile, the highest Amazon stock forecast for 2024 was $192, with the lowest at $106.
What is the future price forecast for Amazon stock? ›| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 235.48 | 28.45% |
| 2026 | $ 302.47 | 64.99% |
| 2027 | $ 388.52 | 111.94% |
| 2028 | $ 499.06 | 172.23% |
What are analysts forecasts for Amazon stock? The 100 analysts offering price forecasts for Amazon have a median target of 174.96, with a high estimate of 235.00 and a low estimate of 111.00. The median estimate represents a 102.35 difference from the last price of 179.08.
