AMZN Stock: Real-Time Forecasts and Expert Insights
Average Target of $212.89 from 46 Analysts
A recent survey of 46 analysts revealed an average 12-month price target of $212.89 for Amazon (AMZN) stock. This optimistic outlook reflects growing confidence in the company's long-term growth prospects.
Steady Rise in Stock Price
Amazon's stock price has rebounded in 2023 and 2024, with a notable surge in recent months. This growth is attributed to strong financial performance, promising forecasts, and positive market sentiment.
Analysts' Predictions
According to 36 Wall Street analysts, the average AMZN price target for the next year is $212.06. This optimistic outlook suggests that analysts believe the stock has room for further appreciation.
Positive Momentum
Over the past 3 months, 34 Wall Street analysts have provided 12-month price targets for AMZN, with an average target of $208.13. This indicates a positive trend among analysts, who see continued growth potential for Amazon.
Recent Market Activity
In the past week, Amazon's stock has rallied by approximately 6%. This surge may be driven by traders anticipating further growth and the company's upcoming earnings report.
Comments