What is the target price for Amazon stock in 12 months? (2024)

What is the target price for Amazon stock in 12 months?

Stock Price Forecast

How high is Amazon stock expected to go?

The average price target for Amazon is $212.41. 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 19.85% Increase from the current price of $177.23.

What is Amazon's target stock price?

How much will Amazon stock be in 1 year?

Amazon stock prediction for 1 year from now: $ 325.27 (86.26%)

What is a 12 month 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.

How much is Amazon stock expected to grow in 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. Amazon's earnings climbed to $2.90 per share for fiscal year 2023, compared to a loss of 27 cents per share in 2022.

What is Amazon stock price forecast 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.

Is amzn 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 will Amazon stock be worth in 2025?

If we apply the S&P 500's average price-to-earnings ratio (P/E) of 27 to this $70 billion in earnings, Amazon's stock would have a market cap of $1.89 trillion in 2025. This is slightly higher than the current $1.77 trillion valuation.

How high will Amazon stock be in 5 years?

Has Amazon stock ever been $2,000?

Amazon stock hit $2,000 per share for the first time Thursday.

Does Amazon pay a dividend?

Amazon does not pay dividends, unlike other large tech companies such as Microsoft, Intel, and IBM. The company has a growth-focused business model, which relies on reinvesting profits into expanding the business.

Does Amazon pay stock every year?

Amazon employees often get additional RSU grants on an annual basis, most commonly during their annual review and compensation adjustment which happens in Q1 of each year. If you're new, you typically won't get additional shares awarded at your first review, so don't be alarmed if this happens to you.

What is Walmart 12 month target price?

The 29 analysts with 12-month price forecasts for Walmart stock have an average target of 62.77, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 5.22% from the current stock price of 59.66.

What is a 1 year price target?

Wall Street analysts set price targets for stocks on a quarterly and annual basis. These price targets reflect what the analyst thinks a fair price for the stock is based on current and past market performance.

What is the 1 year target estimate of a stock?

A price target represents an analyst's estimate of the future price of a stock or other security. For stock analysts, the timeline is generally 12 to 18 months, but technical traders also use price targets.

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.

Is Amazon a good long-term buy?

With its 3-star rating, we believe Amazon's stock is fairly valued compared with our long-term fair value estimate of $185 per share, which implies a 2024 enterprise value to sales multiple of 3 times and a 3% free cash flow yield.

What will Amazon stock be worth in 2026?

According to the latest long-term forecast, Amazon price will hit $250 by the end of 2024 and then $300 by the middle of 2026. Amazon will rise to $400 within the year of 2027, $450 in 2028, $500 in 2029, $600 in 2030 and $700 in 2034.

Is Amazon a good investment in 2024?

Amazon stock (NASDAQ:AMZN) stock remains one of the top tech stocks to buy in 2024. The company remains a leader in the technology and retail landscape, and has a number of tailwinds to drive growth in the 2024 fiscal year.

What will Apple stock be worth in 2025?

Will Amazon Shares grow?

The e-commerce and cloud giant could continue to outperform many of its industry peers. Amazon's (AMZN -1.64%) stock has risen nearly 80% over the past 12 months. The e-commerce and cloud leader grappled with a post-pandemic slowdown and tough macro headwinds in 2022, but its core businesses have been stabilizing.

Who owns the most Amazon stock?

Jeffrey Bezos owns the most shares of Amazon (AMZN).

Who is the largest shareholder of Amazon?

Is Amazon doing a buy back?

Amazon saying it can buy up to $10 billion in shares means it might spend $10 billion purchasing its stock in the open market, or any other amount less than that. The company's board approved a $5 billion repurchase program in 2016. Over 2016, 2017, 2018, 2019, 2020 and 2021, Amazon spent … nothing.