Will Amazon stock go up?
AMZN Stock 12 Month Forecast
Is Amazon stock expected to rise?
Amazon Stock Forecast
The 46 analysts with 12-month price forecasts for Amazon stock have an average target of 192.54, with a low estimate of 123 and a high estimate of 235. The average target predicts an increase of 9.03% from the current stock price of 176.59.
Is Amazon a good stock to buy?
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 Amazon stock be worth in 5 years?
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 229.12 | 28.45% |
| 2026 | $ 294.31 | 64.99% |
| 2027 | $ 378.04 | 111.94% |
| 2028 | $ 485.60 | 172.23% |
Will Amazon stock go up in 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 Amazon a buy, hold, or sell?
Of the 63 Amazon stock analysts following the company, 95% hold a buy rating, according to FactSet. Further, FactSet data shows those analysts have, on average, set a 12-month price target of 211 for Amazon stock, according to FactSet.
Is Amazon a buy or hold stock?
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 1 share of Amazon stock be worth 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.
Will Amazon stock go up long-term?
Latest Amazon Stock Forecasts for 2024, 2025 & 2030
The average one-year Amazon stock forecast 2024/2025, according to MarketBeat, is for the price to reach $202.80, with the highest projection being $235 and the lowest estimate standing at $140.
Is Amazon still a good long-term stock?
It's one of the most reliable long-term holds
Shares in Amazon fell 50% in 2022 alongside steep profit declines in its e-commerce segments. However, the company has made an impressive recovery, proving its reliability and resilience.
Can Amazon reach $1000 a share?
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.
How high can Amazon go?
Average Price Target
Based on 42 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $212.41 with a high forecast of $230.00 and a low forecast of $198.00. The average price target represents a 19.85% change from the last price of $177.23.
Is Amazon a good buy in 2024?
The stock has done well so far in 2024. Amazon (AMZN 0.12%) 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.
How high will Amazon stock be in 2025?
| Year | Mid-Year | Year-End |
|---|---|---|
| 2025 | $255 | $256 |
| 2026 | $271 | $312 |
| 2027 | $345 | $379 |
| 2028 | $404 | $440 |
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.
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.
Who owns the most Amazon stock?
Jeffrey Bezos owns the most shares of Amazon (AMZN).
What is the 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 16.14% from the last closing price of $179.54.
What is Amazon's 12 month price target?
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 is the biggest holder of Amazon?
Founder and former CEO Jeff Bezos is the largest Amazon shareholder, with more than 937 million shares, which represent a stake of about 9% in the company. Bezos' shares are worth an estimated $166 billion.
What will Amazon be worth in 2040?
| Year | Lowest price | The highest price |
|---|---|---|
| 2024 | $237.33 | $271.72 |
| 2030 | $1,020 | $1,166 |
| 2040 | $4,880 | $5,600 |
Is Apple a buy right now?
Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 11 hold ratings and 2 sell ratings. What is Apple's price target? The average price target for Apple is $199.85.
What if you invested $10,000 in Amazon 10 years ago?
As a result, those who bought $10,000 worth of Amazon's stock in January 2013 would have $78,138.51 today, with an annual rate of return of 22.42%. The growth proves the importance of holding stocks over the long term, as doing so can safeguard your investment against short-term headwinds.
What will $10,000 be worth in 20 years?
The table below shows the present value (PV) of $10,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $10,000 over 20 years can range from $14,859.47 to $1,900,496.38.
How much is $10,000 invested in Amazon 20 years ago?
Those gains translate to a 23.2% compound annual growth rate for Amazon compared to a 6.2% 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 $645,262.
