What is the price prediction for Amazon stock?
Based on short-term price targets offered by 43 analysts, the average price target for Amazon comes to $208.51. The forecasts range from a low of $140.00 to a high of $235.00. The average price target represents an increase of 16.34% from the last closing price of $179.22.
According to the latest analyst's price targets, the AMZN stock could reach $202.80 by April 2025. Still, the direction of Amazon's stock price – whether it will go up or down – is uncertain and can be influenced by various external economic factors, company performance, and market sentiments.
The highest analyst price target is $230.00 ,the lowest forecast is $198.00. The average price target represents 15.76% Increase from the current price of $183.32. Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.
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.
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.
Amazon finished 2023 with earnings of $2.90 per share. If its earnings indeed grow at 30% a year for the next five years, Amazon's bottom line could jump to $10.77 per share.
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.
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.
Shares of Amazon are up about 25% from the start of the year. Wall Street analysts expect Amazon stock to keep gaining. Of the 63 Amazon stock analysts following the company, 95% hold a buy rating, according to FactSet.
Based on analysts offering 12 month price targets for AMZN in the last 3 months. The average price target is $212.36 with a high estimate of $230 and a low estimate of $198.
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.
Key Points. Founder Jeff Bezos is Amazon's largest individual shareholder, with about $166 billion worth of shares. Institutional investors own about 63% of Amazon shares. Though Amazon went public in 1997, it didn't earn an annual profit until 2003.
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.
Amazon (NASDAQ:AMZN) stock is still a worthy investment in 2024 despite the company's rich valuation. While they face competition in e-commerce and artificial intelligence, Amazon's soaring earnings and long term growth prospects are second to none.
The stock has done well so far in 2024. Amazon (AMZN -0.16%) has had a great first quarter of the year, with the stock rising around 20%. But I think that's just the beginning. Amazon has a lot going for it, making it a great buy even after its recent run.
- The all-time high Amazon stock closing price was 189.05 on April 11, 2024.
- The Amazon 52-week high stock price is 189.77, which is 3.5% above the current share price.
- The Amazon 52-week low stock price is 101.15, which is 44.8% below the current share price.
According to the latest long-term forecast, Amazon price will hit $200 by the end of 2024 and then $300 by the end of 2026. Amazon will rise to $350 within the year of 2027, $400 in 2028, $450 in 2029, $500 in 2030 and $600 in 2033.
| 2025 | 2040 | |
|---|---|---|
| AMZN stock forecast (5% yearly growth) | $184 | $401 |
| AMZN stock forecast (10% yearly growth) | $193 | $885 |
| AMZN stock forecast (S&P 500 historical 11.13% ROI) | $194 | $1,052 |
| AMZN stock forecast (QTEC historical 17.1% ROI) | $202 | $1,940 |
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.
In 2030, the Amazon stock will reach $ 823.42 if it maintains its current 10-year average growth rate. If this Amazon stock prediction for 2030 materializes, AMZN stock will grow 349.17% from its current price.
What will Tesla be worth in 2050?
When it comes to the Tesla stock price prediction for 2050, Tesla stock would be trading at $4,700 in 2050 if it were to grow at the same 11.8% average rate as the S&P 500. If TSLA were to grow at the same rate as the Nasdaq 100's 17.5% average annual return, it would be worth $18,900 by 2050.
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.
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 -1.11%) and Apple (AAPL -0.81%) are two such companies that come first to mind.
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. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $4,815.
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.
