What is the price prediction for Amazon stock? (2024)

What is the price prediction for Amazon stock?

Average Price Target

What will Amazon stock be worth in 5 years?

Its five-year Amazon share price forecast expects the stock to decline to $153.56 by April 2029. Meanwhile, another algorithm-based prediction platform, GovCapital, expressed the most bullish 1-year Amazon stock forecast, setting the AMZN target price at $303.76 for April 19, 2025.

Is Amazon stock expected to rise?

Amazon Stock: Wall Street Projections For 2024

Now, Wall Street analysts are expecting further earnings growth for 2024. Consensus projections see Amazon's posting adjusted earnings of $4.17 per share for the December 2024 fiscal year, according to FactSet. That would mark a 44% increase from 2023.

How much will Amazon be worth in 2025?

Is Amazon a buy sell or hold?

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.

Should I hold Amazon stock forever?

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 -1.18%) and Apple (AAPL -0.61%) are two such companies that come first to mind.

Is Amazon still a good long-term stock?

AMZN is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 39% year-over-year for the current fiscal year, with sales growth of 11.5%. 15 analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024.

Is it a good idea to buy Amazon stock?

Despite Amaozn's strength since the start of 2023 and so far in 2024, it's still a great buy right now. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Keithen Drury has positions in Amazon. The Motley Fool has positions in and recommends Amazon.

What is Amazon's 12-month price target?

Stock Price Forecast

The 45 analysts with 12-month price forecasts for Amazon stock have an average target of 183.44, with a low estimate of 116 and a high estimate of 230. The average target predicts a decrease of -0.95% from the current stock price of 185.21.

Who owns the most Amazon stock?

Jeffrey Bezos owns the most shares of Amazon (AMZN). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

What is Amazon stock prediction for 2024?

Amazon has a mean target price of $202.49, which is 12% higher than yesterday's closing prices. 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.

How much will AMZN 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.

Who is the biggest holder of Amazon?

Founder and former CEO Jeff Bezos is the largest Amazon shareholder, with more than 937 million shares, which represent a stake of about 9% in the company. Bezos' shares are worth an estimated $166 billion.

Does Amazon pay a dividend?

Unlike many companies that provide dividends to investors, Amazon does not offer dividends. While this may make it less appealing to income-focused investors, those prioritizing long-term growth may find Amazon's profit distribution approach and growth strategies advantageous.

Should I sell or hold on to my stock?

Investors might sell a stock if it's determined that other opportunities can earn a greater return. If an investor holds onto an underperforming stock or is lagging the overall market, it may be time to sell that stock and put the money to work in another investment.

What are the cons of buying Amazon stock?

But, with such great size, comes a set of unique risks. The biggest risks of investing in Amazon.com, Inc. (NASDAQ: AMZN) stock are increasing competition, profit potential uncertainty, revenue growth uncertainty, speculative valuation and share price volatility.

What if you bought Amazon stock 10 years ago?

Over the last 10 years, Amazon stock has been a beast, returning roughly 856% to investors. That amounts to almost nine times your initial investment in a single decade. That return far outweighs that of the S&P 500, which managed a still impressive 174% over the same period.

What would $1000 invested in Amazon in 1997 be worth today?

As impressive as that is, original investors in Amazon fare even better. If you had invested $1,000 during Amazon's IPO in May 1997, your investment would be worth $1,341,000 as of August 31, according to CNBC calculations. That's better than the so-called FAANG stocks, plus Ebay – which debuted in that same period.

Can Amazon reach $1,000?

Future Outlook for Amazon Stock

It took seven and a half years for Amazon to reach $1,000 from $100 and it's very possible that it could hit $10,000 between 2023 and 2025. Amazon's potential to grow could continue over time.

What if you invested $1000 in Google 20 years ago?

If you had invested $1,000 in Google stock on Aug. 19, 2004, today, you would have $60,107. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $9,000.

How high can Amazon shares go?

Amazon price prediction 2024-2025. The CoinCodex price prediction for AMZN is forecasting that the stock could reach a new all-time high above $260 in January 2025. Keep in mind that the prediction above is based on the state of technical indicators as of March 20, 2024, and could change considerably over time.

What is the fair value of Amazon?

As of 2024-04-18, the Fair Value of Amazon.com Inc (AMZN) is 73.23 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 181.28 USD, the upside of Amazon.com Inc is -59.6%.

Can you make money buying Amazon stocks?

1. Amazon's investments in same-day delivery are paying off. Amazon stock returned 675% over the last 10 years, three times the total returns of the S&P 500. The stock's rise was driven by an annualized increase in total revenue of 24% -- enough to nearly double the company's revenue every three years.

Why is Amazon taking $8.99 a month?

Amazon is increasing the cost of its Amazon Prime subscription service in the UK to £8.99 a month, or £95 a year. The move was due to “increased inflation and operating costs in the UK continuing to rise” the e-commerce giant said.

Is Amazon stock undervalued?

Amazon Stock is Still Very Undervalued and Shorting OTM Puts Makes Sense Here. Amazon Inc. (AMZN) reported strong free cash flow FCF margins last quarter. That implies that AMZN stock could be worth between 18% and 58% more.