Amazon.com, Inc. - Buy. Zacks' proprietary data indicates that Amazon.com, Inc. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the AMZN shares relative to the market in the next few months.
The Future of Amazon
Forecasters predict that Amazon will reach $200 per share a year from now and will continue to rise to $250 per share at the end of 2026. In 2027, the prediction is for a price of $300, and $250 by the end of 2028.
Experts also have different estimates of how much the price of AMAZON shares will increase. Most of them agree that the stock may add up to 400%. Сan Amazon reach $1000 again? Some bullish forecasts suggest it could reach $800 or even $1,000, reflecting a highly optimistic outlook.
Amazon.com Inc. shows a Risk Score of 8.00.
Amazon's likelihood of distress is less than 3% at this time. It is unlikely to undergo any financial distress in the next 24 months. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions.
Analyst Upside as of October 13, 2024: 17%
Amazon.com, Inc. (NASDAQ:AMZN) ranks first on our list of the most promising long-term stocks according to hedge funds. The technology company is an e-commerce giant that also provides streaming and data cloud services.
Amazon shies off high after hitting $2,000 per share for the first time. It's a major milestone in the stock's climb to match Apple's $1 trillion market valuation.
For Amazon, the company still has many new avenues for future expansion in mind, including (but not limited to) media content, grocery stores, and health care. Growth is still very much the top priority for Amazon. As a result, investors should not expect a dividend payment any time soon.
Amazon (AMZN) stock had to shake off a summer slump but managed to rally 45% in 2024. But the stock is down slightly early in 2025 and coming up against a test of a key level as a broader rally for stocks has slowed.
The stock value may increase to $271.00-431.00 by the end of 2025. However, some analysts expect the rate to decline to $230.49-207.83 in 2025. In 2026, the asset quotes will continue to grow. According to major analytical agencies, the value of TSLA may reach $305.36-471.00.
Is WMT a Buy, Sell or Hold? Walmart Inc. has a consensus rating of Strong Buy which is based on 26 buy ratings, 2 hold ratings and 0 sell ratings. What is Walmart Inc.'s price target? The average price target for Walmart Inc. is $99.56.
COST Stock Forecast FAQ
Costco has 14.51% upside potential, based on the analysts' average price target. Is COST a Buy, Sell or Hold? Costco has a consensus rating of Moderate Buy which is based on 17 buy ratings, 8 hold ratings and 0 sell ratings.
Based on analyst ratings, Amazon's 12-month average price target is $249.62. Amazon has 12.38% upside potential, based on the analysts' average price target. Amazon has a consensus rating of Strong Buy which is based on 46 buy ratings, 1 hold ratings and 0 sell ratings.
Those gains translate to a 25.8% compound annual growth rate for Amazon compared to an 8.2% CAGR for the S&P 500 in that time. As a result, $10,000 in AMZN stock purchased 20 years ago would now be worth $983,555.
Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 29 Wall Streets Analysts.
Arguments against buying Amazon include its valuation and economic uncertainty. Arguments for buying Amazon include its increasing earnings and strong growth prospects. No one knows for sure how Amazon stock will perform in 2025, but it should still be a great pick for long-term investors in the new year.
(NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2024. Net sales increased 11% to $158.9 billion in the third quarter, compared with $143.1 billion in third quarter 2023.
GOOG Signals & Forecast
Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $194.18.