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FAQs
Is Amazon stock a buy or sell right now? ›
Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts. Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
What is Amazon's net worth in 2024? ›Amazon Market Cap
Amazon has a market cap or net worth of $1.92 trillion as of June 7, 2024. Its market cap has increased by 52.26% in one year.
Snapshot
| Average Recommendation | Buy |
|---|---|
| Average Target Price | 221.73 |
| Number Of Ratings | 66 |
| FY Report Date | 12/2024 |
| Last Quarter's Earnings | 0.98 |
Long-Term Amazon Stock Price Predictions
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 236.73 | 28.45% |
| 2026 | $ 304.09 | 64.99% |
| 2027 | $ 390.60 | 111.94% |
| 2028 | $ 501.73 | 172.23% |
Amazon stock forecast 2024
In Amazon's first-quarter earnings report, CEO Andy Jassy said the service is on pace to reach $100 billion in annual sales. Amazon stock's one-year price target is around $220. In other words, the stock could reach a new high. But it also sells at a fair value.
Amazon Stock: Wall Street Projections For 2024
Now, Wall Street analysts are expecting further earnings growth for 2024. Consensus projections see Amazon's posting adjusted earnings of $4.55 per share for the December 2024 fiscal year, according to FactSet. That would mark a 57% increase from 2023.
Microsoft
In its first-quarter financial results, released Tuesday, Amazon reported $143 billion in revenue, $10.4 billion in profit and 98 cents earnings per diluted share. In the same time period last year, Amazon reported $127 billion in revenue, $3.2 billion in profit and 31 cents earnings per diluted share.
How long did it take Amazon to become a billion dollar company? ›Amazon came in second place, making its first $1 billion in five years. But what's really interesting about this list is that it also shows how long it took those companies to make their most recent billion dollars.
What is the fair price of Amazon stock? ›As of 2024-06-10, the Fair Value of Amazon.com Inc (AMZN) is 90.53 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 184.3 USD, the upside of Amazon.com Inc is -50.9%.
What is the 5 year forecast for Amazon stock? ›
Amazon stock price stood at $185.00
According to the latest long-term forecast, Amazon price will hit $200 by the middle of 2025 and then $250 by the end of 2026. Amazon will rise to $300 within the year of 2027, $350 in 2028, $400 in 2029, $450 in 2030 and $500 in 2032.
The all-time high Amazon stock closing price was 189.50 on May 09, 2024. The Amazon 52-week high stock price is 191.70, which is 4% above the current share price. The Amazon 52-week low stock price is 118.35, which is 35.8% below the current share price. The average Amazon stock price for the last 52 weeks is 152.75.
Should I hold Amazon stock forever? ›It's now one of the largest companies in the world, which is saying a lot for a company that started off selling books. But the question now is whether there is still more room to grow? In short: absolutely. And here are the two biggest and best reasons why Amazon stock remains a buy-and-hold forever stock.
What are experts saying about Amazon stock? ›As IBD noted, of the 63 Amazon analysts following Amazon, 95% hold a Buy rating on the stock, according to FactSet. On average, the analysts have a 12-month price target of $212.45 for Amazon, which represents a 14% upside to its current price of about $186.
What will AMZN 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.
Is it smart to buy stock in Amazon? ›Consider Amazon
However, its high-margin cloud and AI services are a lucrative profit driver, giving it a growth rate resembling that of a much smaller company. As long as it leverages its cloud leadership and vast financial resources, investors should continue yielding market-beating returns from the conglomerate.
As of 2024-06-10, the Fair Value of Amazon.com Inc (AMZN) is 90.53 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 184.3 USD, the upside of Amazon.com Inc is -50.9%.
Is Walmart a buy or sell? ›WMT Stock Forecast FAQ
Walmart has 8.27% upside potential, based on the analysts' average price target. Is WMT a Buy, Sell or Hold? Walmart has a consensus rating of Strong Buy which is based on 24 buy ratings, 4 hold ratings and 0 sell ratings. The average price target for Walmart is $71.33.
