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
What is the Amazon stock price forecast? ›
Based on short-term price targets offered by 44 analysts, the average price target for Amazon comes to $220.07. The forecasts range from a low of $140.00 to a high of $246.00. The average price target represents an increase of 20.16% from the last closing price of $183.15.
What is the Amazon 12-month price target? ›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 13.63% from the current stock price of 180.75.
Amazon Stock: Wall Street Projections For 2024
Further, FactSet data shows those analysts have, on average, set a 12-month price target of 222.26 for Amazon stock, according to FactSet.
Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts.
What is the fair price of Amazon stock? ›As of 2024-05-14, the Fair Value of Amazon.com Inc (AMZN) is 90.73 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 187.07 USD, the upside of Amazon.com Inc is -51.5%.
What price will Amazon be in 10 years? ›Analysts at Coin Price Forecast do offer a 2034 projection for Amazon stock, estimating a 10-year price increase of 276%, to $672 per share.
Who is the largest shareholder of Amazon? ›Its largest individual shareholders are company insiders: Jeff Bezos, Andrew Jassy, and Douglas Herrington.
What is a 1 year price target? ›When setting a stock's price target, an analyst is trying to determine what the stock is worth and where the price will be in 12 or 18 months. Ultimately, price targets depend on the valuation of the company that's issuing the stock.
Is Amazon a short term or long term investment? ›Amazon's performance over the last year highlights the importance of investing with a long-term mindset. Investors who sold the company's stock in 2022 will not have benefited from its significant growth since then.
What is AMZN price target for 2028? ›Trading at around 50 times forward-looking earnings and a little less than 3 times its trailing-12-month sales, Amazon shares could be in the ballpark of $400 apiece in 2028.
Will Amazon stock double? ›
Amazon's earnings increased by 14% year over year in the fourth quarter of 2023. If the company can keep up this growth rate, its stock has a good shot of doubling or more by 2030.
Will Amazon bounce back? ›Amazon's stock has bounced back as its core businesses stabilized. Its e-commerce and cloud sales should rise as the macro environment improves. Its shares look reasonably valued and could hit new highs within a year.
Will Amazon stock reach $300? ›Amazon stock price stood at $180.75
According to the latest long-term forecast, Amazon price will hit $200 by the end of 2024 and then $250 by the end of 2025. Amazon will rise to $300 within the year of 2027, $350 in 2028, $400 in 2029, $450 in 2030 and $500 in 2033.
Amazon Forecast is a time-series forecasting service based on machine learning (ML) and built for business metrics analysis.
