Stock Price Forecast
The 44 analysts offering 12-month price forecasts for Amazon.com Inc have a median target of 2,404.00, with a high estimate of 2,788.00 and a low estimate of 1,850.00.
The median estimate represents a +25.27% increase from the last price of 1,919.08.
Will Amazon’s stock go up?
Amazon.com stock will rise due to the strong growth in its cloud-computing and advertising segments, according to Cowen. On Tuesday, Cowen analyst John Blackledge reaffirmed his Outperform rating for Amazon.com stock, making the company one of its “Best Ideas for 2020.” His price target for the tech giant is $2,400.
Will Amazon stock go up in 2019?
In the longer term, Amazon is consolidating a bear market decline of 36% from its all-time intraday high of $2,050.50 set on Sept. 4 to its Dec. The stock is strong in 2019, with a gain of 29.4% year to date, and it is up a bull market 48.7% since its Dec. 24 low.
Is Amazon stock a good investment?
Amazon’s stock price gained more than 7% on better-than-expected sales and cloud revenue. Earnings per share were particularly strong, exceeding consensus analyst estimates by more than 60%. Amazon’s big quarter has reassured the market that the company is still making the right calls on investing in its business.
What will Amazon stock be worth in 2025?
One equities analyst is going all out on his bullish thoughts about Amazon stock (NASDAQ: AMZN), saying the company has the makings of what it takes to command $5,000 a share by 2025. That would put the company’s valuation at $2.5 trillion.